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Morgan Foundation announces $2.1M for entrepreneur support | Crain's Cleveland Business

The grants represent several months' worth of awards made to support entrepreneurial programs at area schools and colleges, as well as to efforts that help existing companies grow their business.

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Nigeria's Stears Secures $3.3m for its Data Analytics Business

Nigerian startup, Stears, focused on sourcing data and insights for Africans and providing data collection tools for businesses, financial and policy professionals, has raised a $3.3 million seed round led by MaC Venture Capital. Other notable investors were Serena Ventures, Omidyar Group’s Luminate Fund, Melo 7 Tech Partners and Cascador — Empowering Economic Growth Foundation. Stears,

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Huntington Bank partners with City Hall, nonprofits to grow small, minority businesses

Huntington National Bank and the city of Cleveland announced a joint initiative with 11 other community, financial and civic partners designed to support entrepreneurs and small businesses in underserved areas throughout Cuyahoga, Lorain and Ashtabula counties. The program, 'Entrepreneurs in Residence Powered by Huntington,' will be funded by a $500,000 investment by the bank.

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Federal grant awarded to establish center to help minority businesses in Cleveland area


Federal grant awarded to establish center to help minority businesses in Cleveland area
© Cliff Pinckard/cleveland.com
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WASHINGTON, D.C. — The U.S. Department of Commerce has awarded a $385,000 grant intended to help minority businesses in the Cleveland area and around Ohio.
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U.S. Sen. Sherrod Brown, D-Ohio, said in a news release the money is for the Economic Growth Foundation to operate a Minority Business Center in Cleveland, which will help the growth of minority businesses so they can compete on a global scale. The grant was awarded through the Commerce Department’s Minority Business Development Agency.

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