From concept to commercialization

IN ONE CONNECTED COMMUNITY

Immediate proximity to world's leading health institutions

Home to more than 1,000 new and established ventures

Real estate powered by world-class fiber infrastructure

Access to rapidly expanding cross disciplinary talent

Explore an innovative ecosystem

Cleveland's Health-Tech Corridor is the leading Health and Technology innovation cluster in the Midwest.

The Cleveland Health-Tech Corridor is a prime location for innovative health-tech and high-tech companies. Situated in the heart of Cleveland, a leading biomedical, health care and technology region, the HTC provides access to everything your business needs to grow and succeed.

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                         Cleveland Innovation Project

The Cleveland Innovation Project (CIP) was announced in June 2019 as an alliance between the Cleveland Foundation, Fund For Our Economic Future, Greater Cleveland Partnership, JumpStart, and TeamNEO with the goal of strengthening technology-based economic growth and prosperity for all Greater Cleveland residents.

Under the umbrella of CIP, these organizations, a steering committee, and more than 150 local organizational and entrepreneurial leaders have worked diligently to develop strategies and plans towards the vision of transforming Cleveland into a leading Midwest region for technology-led growth and inclusion by 2030.

VISION

Based on a review of the region’s innovation assets, industry clusters, and market trends, three sectors emerged as having the most powerful combination of strengths, opportunities, impact potential, and readiness for scaled growth efforts: Smart Manufacturing, Health Innovation, and Water Technologies.

These strategic sector initiatives will be enhanced by four initiatives to strengthen the region’s innovation ecosystem:

  1. Boosting Digital/STEM Talent
  2. Catalyzing a Capital Continuum
  3. Expediting Digital Equity
  4. Enhancing Innovation Zones

Reflecting the mission of the project, the sector and ecosystem initiatives address both business growth and talent development.

GOALS AND OUTCOMES

The project has set a plethora of 2030 targets for the region, including:

  • 100% of Greater Cleveland households with high-quality broadband connectivity by 2022
  • 20,000 additional tech-led innovation jobs, with 25% held by Black or Latinx individuals, and 50% held by women
  • >2 million square feet of new institutional, commercial, residential, and community development in the Health-Tech and Opportunity Corridors

More information on the CIP can be found on their website - click here

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$294m

Investment in Biomedical Industry in 2018

75k+

MEDICAL & TECHNICAL PERSONNEL

$735m

IN ANNUAL
SPONSORED
RESEARCH

$2.3b

IN BIOMED INVESTMENT
SINCE 2001