JumpStart, which moved its offices to Midtown almost a decade ago, could become an anchor tenant in Wexford’s first building.
CEO Ray Leach described the innovation community in Cleveland as decentralized. With better cooperation in a district designed for interaction, he hopes barriers will fall for businesses, institutions and residents of majority Black, low-income neighborhoods on the city’s East Side.
“I’m envisioning hundreds of millions of dollars of more capital, tens of thousands of jobs, a real ability to make an impact around racial and economic inclusion,” Leach said. “I think this is the kind of project that has to happen in order for us to find new and different ways to collaborate.”
JumpStart is one of five organizations, along with the Cleveland Foundation, the Fund for Our Economic Future, the Greater Cleveland Partnership and Team NEO, steering a broader initiative called the Cleveland Innovation Project. That alliance is attempting