Mayor Frank G. Jackson Announces Final Pitch Event and Selection of the Neighborhood Transformation Initiative Retail Incubators

Tuesday, March 19, 2019

CLEVELAND – Mayor Frank G. Jackson will announce the Final Pitch Event for the Neighborhood Transformation Initiative (NTI) Retail Incubator competition. The NTI expands on Mayor Jackson’s current neighborhood revitalization efforts, and focuses on private investments from Cleveland’s largest financial institutions. 

WHO:  Mayor Frank G. Jackson
Sonia Winners, Director and CEO of Cleveland Museum of Natural History
J. Stefan Holmes, Vice-chair Cleveland Citywide Development Corporation
John O. Anoliefo, Executive Director, Famicos Foundation
Briana Butler, Manager, Mayor’s Neighborhood Transformation Initiative, Department of Economic Development
LaRese Purnell, CLE Consulting and Manager of NTI Retail Incubator
WHAT:  

The Neighborhood Transformation Initiative Retail Incubator Final Pitch: Through subsidizing rent and buildout costs, a retail incubator is given an opportunity to eliminate some of the main barriers to entry for entrepreneurs while testing their business at a storefront location. 

185 entrepreneurs applied to participate in the program, and through the course of interviews and public events the finalists were selected. The final pitch will determine which six retail incubators will be selected.

If you want to participate please register here.

WHEN:    Wednesday, March 20, 2019, 5:30 p.m.
WHERE: 

Cleveland Museum of Natural History
1 Wade Oval Drive, Cleveland, OH 44106

WHY:  Mayor Jackson envisions a city where all residents have an improved quality of life. The Neighborhood Transformation Initiative Retail Incubator program is one part of the larger initiative that helps to achieve this goal. 

View the list of finalists here.

About the City of Cleveland 

The City of Cleveland is committed to improving the quality of life of its residents by strengthening neighborhoods, delivering superior services, embracing diversity and making Cleveland a desirable, safe city in which to live, work, play and do business. For more information on the City of Cleveland, visit online at www.city.cleveland.oh.us, Twitter at @cityofcleveland or Facebook at www.facebook.com/cityofcleveland. #CLEMayorsNTI

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