Read the October 2009 newsletter to Fund members. This month's issue includes the Gund Foundation's support to Phase 3 of the Fund, staff additions at grantees MAGNET and Team NEO, the launch of ClevelandPlusBiomedical.com, and more.

1. F U N D F O R O U R
E C O N O M I C F U T U R E
October ‘09 Members Newsletter
Gund Foundation Commits
to Phase 3
The board of The George Gund Foundation met in September and approved the
largest commitment to date to Phase 3 of the Fund for Our Economic Future.
The George Gund Foundation pledged $4 million to the next three-year phase, which
will begin in March 2010.
The George Gund Foundation President and Treasurer Geoffrey Gund and
Executive Director David Abbott explained their commitment to the Fund in a letter sent
to leaders of the region’s philanthropic community:
David Abbott 216 .241 .311 4 184 5 Gui ldh
all Bui ldi ng
Fax 216 .241 .656
0 45 Pro spe ct
Ave nue We st
Th e Ge or ge Gu Cle vel and ,
Ohi o 441 15
nd Fo un da tio n
Northeast Ohio by
the Numbers September 24, 2009
“All of us chafe at the
conflict, the rivalry and
the failure to coordin
28
efforts to improve the ate that too often pla
region. It is especially gue
apparent in the public
our sector also has bee sector but, truth be told
n guilty of putting mo ,
re emphasis on institut
than on aligning resour ional freedom of acti
ces for greatest impact on
. The Fund for Our Eco
a bold experiment to nomic Future began
Sustainable Cleveland 2019 change that because
the long-term econom
as
demanded dramatic ic crisis in Northeast
released a list of 28 initiatives as a action and because no
other sector seemed
Ohio
the fact that the econom able to act regionally
follow up to its three-day summit y clearly operates reg despite
ionally. Northeast Oh
into that vacuum and io philanthropy stepped
the impact has been
impressive by any me
asure . . .
Despite these early suc
2014
cesses, we know tha
t transforming the reg
long-term commitme ional economy require
nt to changing deeply s
entrenched systems and
of our region’s culture , indeed, to changing
aspects
Cleveland has been named . That is also why The
George Gund Founda
to the Fund – becaus tion has recommitted
the host city for the 2014 e we recognize that wo
rking collaboratively
change the overly ind with our colleagues
helps to
Gay Games, beating out Boston ividualistic culture of
philanthropy into a far
in doing that, we also greater force for good.
and Washington, D.C. are sending a powerfu And
l message of hope and
to our neighbors thro of the need for collab
ughout Northeast Oh oration
io. We can, if we cho
working together... The ose, create a better futu
challenge we set out re by
to meet is more urgent
The George Gund Fou than ever. All of us at
ndation hope you wil
l once again join in this
vital endeavor.”
Sincerely,
ffef
Geoffrey Gund
President and Treasurer David Abbott
Executive Director
* The above paragraphs are excerpts.
October ‘09 Members Newsletter

2. MAGNET Names New President
Fund grantee MAGNET, the Manufacturing Advocacy & Growth Network, has
announced that Daniel E. Berry has been named its president and chief executive
officer. Berry, executive vice president at the Greater Cleveland Partnership (GCP),
replaces David M. Fouts, who has served as MAGNET’s president since July 2008.
Fouts announced this month that he was leaving MAGNET to pursue other interests.
“I look forward to helping MAGNET shape its strategy to help manufacturing
companies meet current challenges and identify opportunities for growth,” said Berry.
“Even with all its challenges, as we have seen in recent economic reports and studies,
the manufacturing sector will continue to be a key economic driver in this region and
state.”
Fund President Brad Whitehead said the decision to place Berry at the helm at
MAGNET demonstrates the business community’s commitment to support MAGNET in
its mission to champion the region’s manufacturing sector.
Daniel E. Berry
Berry will stay an employee of GCP and the plan is for him to return to GCP full-
time on July 1, 2010.
“The MAGNET Board is excited that Dan Berry has agreed to join MAGNET and
provide the kind of strategic planning and dynamic leadership that he has demonstrated
over his many years at GCP and The George Gund Foundation,” said Arthur F. Anton,
chairman of MAGNET’s board. “We know Dan will take full advantage of the tremendous
Northeast Ohio by opportunity he now has to assist manufacturers and the economy throughout our
the Numbers region as MAGNET president.”
Berry holds a doctorate in management from the Weatherhead School of
Management, Case Western Reserve University, where he was a Mandel Fellow.
60
He earned both bachelor’s and master’s degrees from Kent State University.
Rolls-Royce will add 60 jobs
to its fuel cell research division in
Team NEO Adds Director of
North Canton Minority-Owned Business Attraction
Team NEO, the region’s business attraction organization, welcomes Carlos R.
Fuentes to its team as the director of minority-owned business attraction efforts. This
new position reflects ongoing commitment to work with strategic partners to build the
breadth and depth of minority-owned companies across numerous industries in
Northeast Ohio.
Fuentes has a demonstrated record in marketing, brand management, product
development and diversity in the financial services market. Most recently, Fuentes
was the vice president of brand management, diversity strategy and international
banking at National City Bank. Prior to National City, Fuentes served as the strategic
marketing director for the UNO Branding Agency in Minneapolis, MN, and director
of multicultural marketing and sales for Vertis Communications in Chicago, IL.
A graduate of St. John’s University in Collegeville, MN, Fuentes has a Master of
Arts in International Affairs from Ohio University. He resides with his wife and family in
Bay Village.
The minority-owned business attraction director position has been added
to Team NEO as a result of a federal grant secured thanks to the efforts of the late
Congresswoman Stephanie Tubbs Jones and Congressman Tim Ryan.
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3. MAGNET Creating Video Programs
for Schools
Following a successful education program during the 2008-2009 school year,
Fund grantee MAGNET is again partnering with Northeast Ohio public television station
S P E C I A L M A G N E T L E A R N I N G P R E S E N TAT I O N
WVIZ and the Northern Ohio Technology Association (NOTA) to produce six career
awareness programs highlighting careers in manufacturing.
Last year, more than 3,500 school districts throughout Ohio had access to six
GOOD JOBS WITH GREAT PA IN
ADVANCED MANUFACTURING
Y
interactive presentations highlighting “cool” careers in manufacturing. The 45-minute
A CAREER SO HOT, IT’S COOL!
No matter what you read or hear, manufacturing is still
the largest industry in Ohio. Advanced manufacturing
Whatever their passion—computers, robotics, engineering
or art—students can find a great career utilizing those
skills in advanced manufacturing.
MAGNET, the Manufacturing Advocacy & Growth Network,
broadcasts featured leading manufacturers explaining the exciting and well-paying jobs
in cutting-edge industries. The panelists included a diverse cross section of employees
today means robotics, bio-science, fuel cells, and all types encourages you to help students learn about the many
of engineering. challenging careers available right here, right now in
It’s not old, dirty factories anymore, it’s inventing, advanced manufacturing in Ohio. As a state, Ohio is the third
designing and making cool things like iPods, race cars or largest manufacturer in the country. Without a qualified
parts for the Space Shuttle. workforce, Ohio will not be able to maintain this status and
Ohio manufacturers are using the most innovative help our economy compete on a global basis.
who have traveled through a variety of career paths to find a home in manufacturing.
technologies available and offer great pay to employees, MAGNET will present six sessions on advanced
averaging $54,000 a year. These well-paying jobs require manufacturing careers this school year. This series will kick
knowledge of science, technology, engineering and math. off with an introductory session on Tuesday, October 14
It’s estimated that there will be 60,000 advanced dispelling the myths about manufacturing as a viable career
manufacturing jobs available in Ohio in the next 10 years. option for today’s students.
DATE
TUESDAY, OCTOBER 14
A total of 8 school sites will be interactive for this session.
Other schools may join in a “view only” mode.
The six presentations were:
TIMES A program fee of $75 will be charged to schools not in NOTA
9:00 am – 9:45 am and 10:00 am – 10:45 am member districts. Please process a purchase order to:
TRANSMISSION MODES WVIZ/PBS Distance Learning
c/o John Ramicone
>> MAGNET introduces careers in manufacturing
NOTA AND STATE IP NETWORKS
1375 Euclid Avenue
Cleveland, Ohio 44115
Schools interested in participating in this educational
opportunity should contact John Ramicone at Please fax a copy of the
216.916.6360 or john.ramicone@ideastream.org purchase order number to:
by October 9. Scheduling is on a first call basis. 216.916.6361.
>> Lincoln Electric on welding
>> MAGNET showcases product design and development
>> Jergens Inc. on tooling
>> Astro Manufacturing on high tech and biomedical manufacturing
Northeast Ohio by >> Lubrizol and SGS Tool highlight careers in engineering
the Numbers Because of the positive feedback from students, teachers and guidance personnel,
WVIZ and NOTA have invited MAGNET to produce another six shows highlighting
3.7
manufacturing for the 2009-2010 school year.
Last year’s programs can be accessed at www.magnetwork.org/education and
a compilation DVD with clips from the shows is being distributed to more than 500
The University of Akron received educators in the region.
a $3.7 million grant to improve
literacy among preschool children
International Delegation Learns
About Civic Engagement
An international delegation gathered at the Deaconess Community Foundation
on October 2 to discuss the Fund’s role in engaging the community to strengthen the
region’s economic competitiveness.
Individuals from five countries (Czech Republic, Haiti, Saudi Arabia, Sudan and
Turkey) hosted by the Cleveland Council on World Affairs met with Deborah Vesy of
the Deaconess Community Foundation and Fund Fellow Ashley Basile. “It was a great
honor to host this delegation and share the work of the Fund with them,” Basile said.
“Everyone involved was amazed at how the region has been able to unite philanthropy
around the idea of civic engagement.”
The delegation’s hope is to take the insight gained from the U.S. trip back home
to replicate similar community programs.
ffef October ‘09 Members Newsletter
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4. Collaboration Promotes
Cleveland Plus Biomedical
BioEnterprise and Team NEO are collaborating on an exciting new effort to attract
more biomedical companies to Northeast Ohio.
The two grantees of the Fund for Our Economic Future launched the latest element
of their collaboration this month with a new web site, ClevelandPlusBiomedical.com.
The site was launched in conjunction with the Cleveland Clinic Medical Innovation
Summit held October 5-7. The site is linked to Team NEO’s ClevelandPlusBusiness.com
and BioEnterprise.com. In addition to being a source for Northeast Ohio
biomedical news, ClevelandPlusBiomedical.com explains the benefits of having a
biomedical company located in Northeast Ohio. The site focuses on four industry
clusters: imaging, orthopedics, neurostimulation and cardiovascular. The web site also
provides information on Northeast Ohio business resources and incentives to support
biomedical companies and entrepreneurs, as well as insight from some of the region’s
biomedical success stories.
ClevelandPlusBiomedical.com is just one element of the already successful
collaboration between Team NEO and BioEnterprise. The partnership has been
responsible for recruiting 10 biomedical companies to Northeast Ohio, including
Northeast Ohio by ViewRay, Quality Electrodynamics and Proxy Biomedical. Also, the two organizations
the Numbers are working jointly to generate media coverage within biomedical and site selector
trade publications.
50
With BioEnterprise’s leadership in supporting the region’s biomedical industry
and Team NEO’s success in business attraction, the collaborative effort elevates the
region’s ability to deliver a compelling message about the economic benefits of growing
Myers Motors in Tallmadge a biomedical business in Northeast Ohio.
plans to hire 50 more Northeast Ohio is home to 60 hospitals, 30 colleges and universities, as well as
people to build their new two- strong manufacturing capabilities, that make it an attractive destination for growing
passenger electric car biomedical businesses. Emerging new medical assets, ranging from the proposed
Medical Mart in Cleveland to the rapidly growing Austen BioInnovation Institute in
3
Akron, and ever-increasing venture investments are making the region an even more
desirable location.
The Cleveland Foundation awarded
a $3 million grant to help with
the start-up cost of the Cleveland
Center for Arts and Technology
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5. Proxy Biomedical
The Fund regularly features Location: Cleveland, OH
Northeast Ohio companies being
helped by our grantees. These Industry: Medical Devices
companies, including the one
featured here, are part of the What makes Proxy Biomedical special:
region’s portfolio of growing
Proxy Biomedical’s aim is to provide medical devices that combine minimally invasive
businesses that are building surgery techniques with optimal tissue regeneration. This combined approach to
Northeast Ohio’s economic future. medical device design and development speeds patient recovery while providing a
durable result with fewer complications.
How the Fund grantees helped Proxy Biomedical:
Proxy Biomedical has received support from BioEnterprise and Team NEO.
BioEnterprise has assisted Proxy Biomedical on fundraising efforts, networking and
development of its corporate infrastructure in the City of Cleveland. Team NEO has
assisted in procuring funds for research and market development through the Global
Cardiovascular Innovation Center at the Cleveland Clinic, the City of Cleveland and the
Ohio Department of Development.
Why Northeast Ohio is good for Proxy Biomedical:
Access to partners, customers and workforce is critical to Proxy Biomedical’s success.
Establishing U.S. operations in Northeast Ohio allows Proxy Biomedical to take
advantage of critical product development support and clinical trials that will enable
accelerated growth and service to the world’s largest market, the United States. Proxy
Biomedical also considered other regions with strong life science clusters for this
expansion, but ultimately chose Northeast Ohio because of the region’s leading health
care and educational institutions, such as the Cleveland Clinic and University Hospitals,
and because of the State of Ohio’s strong commitment to the biomedical industry.
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October ‘09 Members Newsletter

6. Steinbrink Launches New Business,
Ends Role With Fund
Laura Steinbrink ended her two-year affiliation with the
Fund for Our Economic Future at the end of September to
focus on building a consulting business, Humanity’s Loom,
which helps commercial, nonprofit and residential property
Northeast Ohio by owners with sustainable building strategies.
Laura joined the Fund in 2007 as director of regional
the Numbers partnerships, working to expand the region’s support for and
engagement in Advance Northeast Ohio. Earlier this year,
she shifted to a part-time consulting role working on three
121,000
projects for the Fund: the Regional Prosperity Initiative, the
The Lorain County Commissioners
Laura Steinbrink
Ag-Bio Industry Development grant and the Low-Skilled
approved $121,000 in grants Workers Assistance research project.
to six companies, which will be “I’ve enjoyed the opportunity to work with the Fund because it is such a dynamic,
used to train and provide workers forward-looking and ground-breaking organization,” Steinbrink said. “I was buoyed
with additional skills by the passion the collective group has for collaboration and risk-taking. And I believe
I am living the Fund’s mission by taking the risk of launching my own business.
I wish the Fund continued success and hope to find ways to associate with its members
380,000
in a new way in the near future.”
Lorain County Community Fund President Brad Whitehead said Steinbrink helped build much broader
College received a $380,000 grant support of Advance Northeast Ohio across the region’s 16 counties. “Thanks to Laura’s
from the Dept. of Education determination and energy, more than 80 individuals and organizations are partners in
to help displaced workers enter Advance Northeast Ohio,” he said. “And the three projects that Laura shepherded are
the job market moving forward and promise to play an important role in strengthening our region’s
economic competitiveness.”
He said the Fund’s Engage and Empower Committee will evaluate how the Fund
should deploy its resources to continue to strengthen regional support for economic
competitiveness priorities of Advance Northeast Ohio.
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