It will be necessary to close the roadway in small sections and detour traffic around the work area. For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Please use caution and drive with courtesy and patience throughout the project area. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Weather may affect start times and dates. Chicago-based Venture Capital firm Announces $70 Million CAST US Initiative for Black, Latinx, and Women Entrepreneurs, Cleveland Avenue convenes the Illinois State Treasurer Frerichs, the Walter Family, Benefit Chicago and Impact Investors to empower underrepresented entrepreneurs. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the . PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Dom's expects to open its first location in Chicago in June. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. Flaggers will assist motorists when necessary. Corporate Venture Capital; McGregor Boulevard from Tropicana Drive to Kelly Road (ROW2022-00928): Pike Electric will be working on the overhead power lines. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. site you are consenting to these choices. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Dom's Kitchen & Market, which is part market and part kitchen, said on Wednesday that it has raised another $15 million in growth capitalbringing the total amount to $25 million. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. Intersection Markings: Intermittent Lane closures and delays are possible on 2-16-23 through 2-22-23 between the hours of 9:00 a.m. to 4:00 p.m. (weather permitting) on the following roadways: to east on Joel Blvd. Types of diversity represented in an organization, specifically of those who are founding members, currently the CEO, or have check-writing abilities in an investment firm. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. There can be no assurance that the data contained herein is reflective of future performance to any degree. Diversity Spotlight (US Headquarters Only). Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. . Illinois Growth and Innovation Fund(ILGIF). Sidewalk closure at Crystal Drive and 12270 Metro Parkway Lee County DOT will be performing lane maintenance through toll plaza. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Frerichs and Garcia are making the largest investment to date from the Illinois Growth and Innovation Fund (ILGIF), committing $16 million to foster a more inclusive venture capital ecosystem and directly impact underserved low-income communities and underinvested business entrepreneurs in Chicago. Cleveland Avenue is an American food investor, backing seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. After having served as President of World Business Chicago, Zopp is applying her mix of corporate, civic, and social impact experiences to support these promising entrepreneurs. Area Wide Protective will be providing MOT services. Starting in June through July of 2023, crews will complete the work from Esplanade to Tarpon Ave under a One Lane Road operation. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. Find top employees, contact details and business statistics at RocketReach. The MOT/TTC will be provided by Southwest Utility Systems. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Acceleration Services A unique team of food and beverage specialists who drive concept growth. The fund is based in Chicago, Illinois. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in New York City, New York), and Somrus (a line of Indian flavoured liqueurs). He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. Ample signs will be in place to safely guide traffic around the work area. We want to prove that investing in and supporting Black, Latinx, and women entrepreneurs seeking venture capital support is a very solid growth strategy, said Don Thompson, Founder of Cleveland Avenue. This list is designed to show off the investors with exceptional track records, industry experience and a . Bonita Beach Road SW between Meadowlark Lane and Windsor Road Bonita Springs, FL (ROW2022-00329): Bradanna, Inc. will be performing roadway and sidewalk improvements beginning Monday, April 10, 2022, and continuing through Sunday, April 30, 2023. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. For further information you can contact Jessie Culpepper at 239-913-9127. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Work will be done between the hours of 8:00 PM 4:00 AM. When available, these documents can be obtained free of charge from the sources indicated above. Cleveland Avenue Food and Beverage Fund I is an early stage venture capital fund managed by Cleveland Avenue. By Staff | Feb 23, 2023 Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). The projected end date is March 31, 2023. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. Northbound Bell Blvd. For additional information, please contact Sean Whitaker @ 678-247-4933 swhitaker@plateauexcavation.com He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Drive-thrus are well-suited for automation. Forecasts and estimates regarding Prestos industry and end markets are based on sources we believe to be reliable, however there can be no assurance these forecasts and estimates will prove accurate in whole or in part. Please be patient as travel may be slower than usual. Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Number of Exits 2. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family . Launched in 2016, Benefit Chicago is a collaboration between the John D. and Catherine T. MacArthur Foundation, The Chicago Community Trust, and Calvert Impact Capital. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. Try for free at rocketreach.co For further information, please get in touch with Avelino Cancel at 239-533-9400 or by email at acancel@leegov.com. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. This will be a nighttime operation and periodic lane closures for these lanes will occur between the hours of 7 p.m. and 6 a.m. on the weekdays. Copyright 2023 Cleveland Avenue, LLC. Founded at M.I.T. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. Cleveland Avenue State Treasurers Urban Success Fund. The projected end date is March 31, 2023. . You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. Frerichs office protects consumers by safeguarding more than $3.5 billion in unclaimed property, encouraging savings plans for college or trade school, increasing financial education among all ages, assisting people with disabilities save without losing government benefits, and removing barriers to a secure retirement. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. All rights reserved. On heavy haul days, GL Homes will be providing flaggers to reduce backups on Corkscrew Road. Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black . Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Motorists and pedestrians are urged to use extra caution in this area. That same guidance has also inspired the formation of M7 Holdings, a family investment office that brings together Manna's work in private equity, venture capital and real estate development plus a charitable foundation that's in the works under one . For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. The Village is currently designing the path to extend to the east property line of Bella Terra and on the north side of the road to east of Grandezza. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. A unique team of food and beverage specialists who drive concept growth. Scott Safety, LLC will provide maintenance of traffic services (833) 723-3499. Cleveland Avenue has tremendous experience investing in innovative food and technology brands and restaurant operation platforms with an impressive portfolio that includes Beyond Meat, Footprint and Farmers Fridge. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Work times will be from 7:00 AM to 5:00 PM. We have curated a list of the top Cleveland Venture Capitalists (VC). The restoration efforts are part of a new underground utility improvements project for Lee County. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. New York (July 26, 2022) Ventoux CCM Acquisition Corp. (Ventoux) (NASDAQ: VTAQ) and Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from other sources, including $13 million held in Ventouxs trust account assuming no redemptions, into their previously announced business combination which will result in Presto becoming a publicly traded company. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. MOT will be provided through ACME Barricades (239)479-5266; DBlack@acmebarricades.com dtanner@acmebarricades.com. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. The typical case for the fund is to invest in rounds with 3 participants. Fueling the success of Black, Latinx, and women entrepreneurs by investing in CAST US is a powerful opportunity to fight racial injustice and build a more equitable future in Chicago, said John Palfrey, president of the John D. and Catherine T. MacArthur Foundation,which is supporting a $10 million investment in CAST US through its Benefit Chicago collaboration withThe Chicago Community Trust, Calvert Impact Capital, and other impact investors. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. in 2008, Presto is headquartered in Silicon Valley, Calif. with customers including many of the top 20 restaurant chains in the U.S. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Founders Don Thompson, J. Skyler Fernandes. 12, or email at neil@andrewsitework.com. 1375 Euclid Avenue, Cleveland, Ohio 44115 (216) 916-6100 | (877) 399-3307 WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media. The firm provides resources and expertise to support remarkable companies and the people behind them. Entrepreneurship is one of the surest ways to closing the racial wealth gap, added Dr. Helene D. Gayle, President, and CEO of The Chicago Community Trust. The projected end date is May 12, 2023. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. By having a diverse team of business experts and like-minded financial partners, Cleveland Avenue is uniquely positioned to support talented and capable entrepreneurs who have been in the waiting room anxiously seeking their opportunity to grow their businesses., Andrea Zopp has joined Cleveland Avenue as Managing Partner to lead the CAST US initiative. We are intentionally committed to addressing the capital gap for underrepresented entrepreneurs and underserved communities in Chicago. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com.