News

Region wins Build Back Better Regional Challenge phase 1 grant

MAGNET-led coalition will compete for up to $75 million to supercharge regional economy December 14, 2021 – The U.S. Economic Development Agency selected a MAGNET-led effort as one of 60 national finalists, and the only in Ohio, for the Build Back Better Regional Challenge (BBBRC) grant. The coalition’s proposal outlines ways to fortify supply chain …

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CDA receives $1 million from federal CDFI program

December 13, 2021 — Last week, the Community Development Financial Institution Fund (CDFI Fund), department of the U.S. Department of Treasury announced its 2021 financial awards under the Community Development Financial Institutions (CDFI) Program. Cleveland Development Advisors (CDA), a local CDFI and GCP affiliate, received two allocations totaling $1.09 M for its CDA-Community Reinvestment Fund …

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Leadership Diversity: Board Governance Should Reflect All Stakeholders

December 9, 2021 — In a recent webinar on board diversity, our panel of experts discussed the importance of having a board of directors reflective of all stakeholders. Panel participants included Todd Federman, Managing Director, North Coast Ventures; Pamela Gibbs, Director of the Securities and Exchange Commission’s Office of Minority and Women Inclusion; Eric Douglas Keene, Managing Director, RSR Partners and Founder, Keene …

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Western Reserve Land Conservancy buys 28-acre lakefront property with funding from Cleveland Development Advisors

December 6, 2021 — Cleveland Development Advisors (CDA) is providing a $4.5 million long-term (five-year) loan with below-market rates to Western Reserve Land Conservancy that will help enable them to acquire the Euclid Beach Mobile Home Park, spanning 28 acres of lakefront land along the Cleveland-Euclid border. Efforts to acquire the property and place it …

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Partners go “All-In” on collaborative Clark-Fulton master plan

December 2, 2021 — A vibrant Clark-Fulton that embraces current neighborhood residents, amenities, and culture, strengthens and creates new community places and designations, and attracts new residents and businesses are the key tenets of a master plan that is the first-ever developed for this diverse near west side Cleveland neighborhood. Five partnering organizations collaborated with …

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The importance of equitable job design

November 30, 2021 — An organization’s job design process should be inclusive for both the applicant and internal staff. In GCP’s recent Diversity Professionals Group webinar, we took a deep dive into best practices for hiring individuals with disabilities, position expectations, and recruiting in the equitable job design process.  Our expert panel included: Jared Daly, Regional Coordinator of Workforce …

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Ohio MBDA Business Center is open, hiring and seeking clients across the state

November 22, 2021 – GCP was recently awarded a five-year, $1.9 million federal grant to create the Minority Business Development Agency (MBDA) Business Center for the state of Ohio. The center’s grand opening and open house are set for later today. The MBDA center is focused on connecting Minority Business Enterprises (MBEs) with revenues greater …

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