For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. CHICAGO, IL (March 3, 2021)- Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. This project consists of widening Burnt Store Road to four lanes. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. Area Wide Protective will be providing MOT services. Area Wide Protective will be providing MOT services. Chicago-based Venture Capital firm Announces $70 Million CAST US Initiative for Black, Latinx, and Women Entrepreneurs, Cleveland Avenue convenes the Illinois State Treasurer Frerichs, the Walter Family, Benefit Chicago and Impact Investors to empower underrepresented entrepreneurs. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. Bonita Beach Road SW between Meadowlark Lane and Windsor Road Bonita Springs, FL (ROW2022-00329): Bradanna, Inc. will be performing roadway and sidewalk improvements beginning Monday, April 10, 2022, and continuing through Sunday, April 30, 2023. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. The project is expected to be completed by spring 2023. Motorists should expect one lane in the Bella Terra exit to be closed Monday, February 20 and Tuesday, February 21. Lee County DOT will be performing lane maintenance through toll plaza. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. It will be necessary to close the roadway in small sections and detour traffic around the work area. Residents are entering and exiting communities on both sides of Corkscrew Road. site you are consenting to these choices. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road: Lee County DOT will be performing repairs to the Qwick Curb along the centerline of Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road. This list is designed to show off the investors with exceptional track records, industry experience and a . Cleveland Avenue has made 43 investments. The Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. Our diverse team includes specialists that drive growth at all stages, from . Please use caution and drive with courtesy and patience throughout the project area. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. We look forward to continuing to work with the Presto team and our investors in consummating this deal and maximizing value for all stakeholders, said Ed Scheetz, CEO & Chairman of Ventoux. Accel/Decel Lane, Catch Basin/Culvert Pipe, Curb & Gutter, Sidewalk, Single Entrance, Turn Lane, and Asphalt Pavement improvements will be performed between Lee Road and Domestic Avenue. Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. Cleveland Clinic Ventures Investments (23) Company Name Deal Date . The goal of this impact investment effort is to create jobs, build wealth, and tackle other social and economic challenges, with a special focus on communities of color, low-income households,and historically marginalized communities. Ryan Gardella & Michael Bowen The Company invests in restaurant, food, and beverage companies. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. The proxy statement/prospectus will be sent to stockholders of Ventoux. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. Landscaping Tree Trimming. Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. New York (July 26, 2022) Ventoux CCM Acquisition Corp. (Ventoux) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventouxs trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. | Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and locations. Cleveland Avenue | 4,571 followers on LinkedIn. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. to east on Joel Blvd. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction. Cleveland Avenue State Treasurers Urban Success Fund. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT OF 20 MPH. 12, or email at neil@andrewsitework.com. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive: Beginning 7 a.m. through 5 p.m. Monday February 6 through Friday February 10, 2023, crews will close sidewalks and driveways for water main crossing. Nalle Grade Road between Slater Road to Nalle Road RPU will be continuing with the installation of the Raw Water Main and Fiber Optics Conduit via directional drill from January 9, 2023 thru March 30, 2023. Such statements include, but are not limited to, statements about future financial and operating results, plans, objectives, expectations and intentions with respect to future operations, products and services and expectations regarding the proposed business combination between Presto and Ventoux; and other statements identified by words such as will likely result, are expected to, will continue, is anticipated, estimated, believe, intend, plan, projection, outlook or words of similar meaning. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. Copyright 2023 Cleveland Avenue, LLC. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Get the full list, To view Cleveland Avenues complete exits history, request access, Youre viewing 5 of 26 team members. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. 1. Crews continue earthwork on the causeway islands. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Roadwatch Update Martin Luther King Jr. Boulevard. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. The Cleveland Avenue Food Experience is our laboratory and gathering place. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Get the full list, Youre viewing 5 of 241 co-investor. (970) 948-9787. By having a diverse team of business experts and like-minded financial partners, Cleveland Avenue is uniquely positioned to support talented and capable entrepreneurs who have been in the waiting room anxiously seeking their opportunity to grow their businesses., Andrea Zopp has joined Cleveland Avenue as Managing Partner to lead the CAST US initiative. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. Very incredibly proud of you and your next step Jason. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Drive-thrus are well-suited for automation. Frerichs and Garcia are making the largest investment to date from the Illinois Growth and Innovation Fund (ILGIF), committing $16 million to foster a more inclusive venture capital ecosystem and directly impact underserved low-income communities and underinvested business entrepreneurs in Chicago. The firm prefers to invest in food tech, restaurant, and technology sectors. This project is expected to be completed in summer 2023. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. Pedestrians are not permitted on the Sanibel Causeway. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. The detour and one-way road on Imperial Shores Blvd. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. The firm prefers to invest in food tech, restaurant, and technology sectors. Established in 2016, Cleveland Clinic Ventures is a corporate venture capital firm headquartered in Cleveland, Ohio. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Intermittent lane closures can be expected with variable message board on approach to notify drivers. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Founded by Don Thompson, the former President and CEO of McDonald's Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. Motorists and pedestrians are urged to use extra caution in this area. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. By Staff | Feb 23, 2023 Asphalt pavement sampling will be performed. The bridge locations are: Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. You can read more about your. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Copyright 2023. A unique team of food and beverage specialists who drive concept growth. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. The projected start date is February 9, 2023. Description. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Cleveland Avenue is an American food investor, backing seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Use the CB Insights Platform to explore Cleveland Avenue's full profile. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. Cleveland Avenue LLC is a Venture Capital & Private Equity, and Finance company located in Chicago, Illinois with $9.00 Million in revenue and 63 employees. 1375 Euclid Avenue, Cleveland, Ohio 44115 (216) 916-6100 | (877) 399-3307 WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. Frerichs and Garcia are making the largest investment to date from the Illinois Growth and Innovation Fund (ILGIF), committing $16 million to foster a more inclusive venture capital ecosystem and directly impact underserved low-income communities and underinvested business entrepreneurs in Chicago. We want to prove that investing in and supporting Black, Latinx, and women entrepreneurs seeking venture capital support is a very solid growth strategy, said Don Thompson, Founder of Cleveland Avenue. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. For questions, please contact Kris Cella at (239) 337-1071. Search Crunchbase. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. The information is general in nature and does not constitute advice. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. Founders Don Thompson, J. Skyler Fernandes. Pine Island Emergency Repairs- Between 4274 and 4120 Pine Island Road: Starting Wednesday February 22nd through Friday March 3rd motorists should expect temporary lane closures with flaggers between 7:00 PM and 5:00 AM while conducting underground construction. Copyright 2023 CB Information Services, Inc. All rights reserved. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, sellin Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. The traffic signal will be dark, and Lee County Sheriffs Office will be directing traffic. Real Times Media. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. The projected end date is April 30, 2023. . Crews will be replacing the signal. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. The projected end date is April 30, 2023. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. Information about Ventouxs directors and executive officers and their ownership of Ventouxs securities is set forth in filings with the SEC, including Ventouxs annual report on Form 10-K filed with the SEC on February 23, 2022. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. Beginning April 1, 2021 entrepreneurs interested in learning more about the CAST US initiative can visitClevelandavenue.com/castus. Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. |, https://presto.com/wp-content/uploads/2022/12/presto_voice_homepage_720p_v2.mp4, https://presto.com/wp-content/uploads/2021/12/presto_raj_yahoo_finance_interview_12_2021_720p.mp4, https://presto.com/wp-content/uploads/2021/09/presto_flex_1080p.mp4. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. This feature is in beta and may change with future updates. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Motorists should expect a new traffic pattern on Friday morning, February 25. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. Area Wide Protective will be providing MOT services. Copyright 2023 Cleveland Avenue, LLC. The projected end date is March 31, 2023. Start Free Trial . Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. Cleveland Avenue LLC. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and . Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. For further information you can contact Jessie Culpepper at 239-913-9127. Please contact 239-936-9444 with any questions or concerns. The expected project completion is late 2023. Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. 9500 Euclid Avenue; Cleveland, OH 44195; United States +1 (800) 000-0000. Construction project: Crews will be installing and relocating utilities and constructing medians on US 41/Cleveland Avenue from Winkler Avenue to SR 82. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. The curb/sidewalk demo for the entrance to Logistics Drive, between Lee Road and Domestic Avenue off Alico Road will occur between Monday, February 6, 2023 and Tuesday, February 28, 2023 and affect the outside travel We do this by making targeted investments with venture capital (VC), growth equity and private venture debt firms with a nexus to the State of Illinois. Cleveland Avenue Food and Beverage Fund I General Information. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. ACME Barricades will provide maintenance of traffic services (239) 479-5266. Flaggers will assist motorists when necessary. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. You can read more about your cookie choices at our privacy policyhere. For further information, please contact paving@leegov.com. Diversity Spotlight (US Headquarters Only). , New York), and Somrus (a line of Indian flavoured liqueurs). We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines.
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