Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. When Don Thompson stepped down from his role as the first Black CEO at McDonald's in 2015, he launched Cleveland Avenue, a Chicago-based venture capital firm that has invested millions in fast . 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. Investment Stage Early Stage Venture. Pine Island Emergency Repairs- Between 4274 and 4120 Pine Island Road: Starting Wednesday February 22nd through Friday March 3rd motorists should expect temporary lane closures with flaggers between 7:00 PM and 5:00 AM while conducting underground construction. VTAQ began trading on the Nasdaq on December 23, 2020 following its initial public offering. Our diverse team includes specialists that drive growth at all stages, from . Bridge Maintenance All rights reserved. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. Chrome Extension. 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. 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. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Intermittent lane closures can be expected with variable message board on approach to notify drivers. We are proud to partner with Cleveland Avenue and tap into over 200 years of collective experience across industries to prepare more entrepreneurs in Illinois for initial and follow-on investments. You can read more about your. 12, or email at neil@andrewsitework.com. 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. The work to complete this change will include installation of Qwick Curb along the centerline of Westgate Boulevard, as well as signing and pavement marking modifications, as needed, to restrict the eastbound and westbound movements to only right turns in and out at the intersection. Illinois Growth and Innovation Fund(ILGIF). The fund invests in companies across the food and beverages and TMT sectors. 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. The documents filed or that will be filed with the SEC relating to the proposed business combination (when they are available) can be obtained free of charge from the SECs website at www.sec.gov. Rocketreach finds email, phone & social media for 450M+ professionals. Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. It is a venture capital firm and startup accelerator that is headquartered in, Cleaveland Avenue makes investments in food & beverage companies and restaurant concepts such as Drink (a nonalcoholic beverage bar in. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. Copyright 2023 Cleveland Avenue, LLC. The project includes adding on-road bike lanes, some sidewalk, installing new drainage, and constructing a wildlife crossing approximately 1000 feet west of the entrance to Cypress Shadows Boulevard. Drivers are urged to use extra caution when traveling through the work zone. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . The fund is based in Chicago, Illinois. traffic will be detoured east on Sentinela Blvd. The projected end date is May 12, 2023. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. For further information, please contact John Dalton at (239) 898-7853. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. Area Wide Protective will be providing MOT services. GL Homes is actively working in their development site across from Wild Blue Boulevard. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Media: Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Please contact 239-936-9444 with any questions or concerns. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. ACME Barricades will provide maintenance of traffic services (239) 479-5266. This feature is in beta and may change with future updates. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland Avenue to support historically underserved entrepreneurs. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. 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: Where the organization is headquartered (e.g. Striping Maintenance: Lee County DOT will be performing a moving operation with traffic delays 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: The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. Founded by Don Thompson, the former President and CEO of McDonald's Corporation, Cleveland Avenue is a Chicago-based venture capital firm that invests in lifestyle consumer brands and technology companies that positively disrupt large and growing market. A unique team of food and beverage specialists who drive concept growth. The project will be constructed in three segments. RESCHEDULED: During the nighttime/overnight hours on Monday, February 20 through Wednesday, February 22, motorists are urged to plan extra time when using the Ben Hill Griffin Parkway intersection. Founded at M.I.T. Motorist should use caution and expect some delays when work is active. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. Much of the work originally scheduled for this week was rescheduled for the following week to minimize impacts to traffic AFTER the traffic shift occurs. 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 . 2. Bicyclists are encouraged to utilize another mode of transportation to travel the causeway. . 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. Get the full list, Morningstar Institutional Equity Research. This list is designed to show off the investors with exceptional track records, industry experience and a . Investor Type Accelerator, Venture Capital. 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Pedestrians are not permitted on the Sanibel Causeway. CHICAGO, IL (March 3, 2021)- 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 capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. The typical case for the fund is to invest in rounds with 3 participants. 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). Copyright 2023. Crews continue driving sheet pile around the causeway islands. Lane closures will be limited to between the hours of 9:00pm to 5:00am. Flaggers will assist motorists when necessary. 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. Southbound will be detoured from Bell Blvd. A detour will be in place with ample signs routing traffic around the work area. Southbound lane along Nalle Road will be subject to temporary daily lane closures. 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. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. SaaS, Android, Cloud Computing, Medical Device). Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. Actual results, performance or achievements may differ materially, and potentially adversely, from any projections and forward-looking statements and the assumptions on which those forward-looking statements are based. Area Wide Protective will be providing MOT services. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. Please pay attention to our flaggers and maintenance of traffic as patterns may change temporarily. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem, with 40% of its committed capital invested with venture capital firms led by women and people of color. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. Try for free at rocketreach.co Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. Acceleration Services A unique team of food and beverage specialists who drive concept growth. Area Wide Protective will be providing MOT services. The projected start date is September 19, 2022. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. Starting Sunday, January 15, 2023, these Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. For further information, please contact Eli Enders at (239) 433-3000. The Cleveland Avenue Food Experience is our laboratory and gathering place. Motorists will be guided to stop short of the stop bars when leaving these communities to provide space for the trucks to back in along the roadway and deliver limerock to build the road. Presto, Cleveland Avenue, and Ventoux are the perfect partners for this next chapter in the public markets given our joint focus on transforming the restaurant industry using the best next-generation technology, said Krishna K. Gupta, Chairman of Presto and CEO of Remus Capital. Please be aware of shifts in travel lanes and bike lanes, sidewalk detours, miscellaneous turn lane closures, and uneven pavement throughout the project. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. 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. Sidewalk and Driveway closure along Crystal Drive between 12255 S Cleveland Ave and 2378 Crystal Drive Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. Expect Victoria Avenue closed on the east side of US 41 / Cleveland Avenue. Northbound Bell Blvd. The projected end date is March 31, 2023. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. Pondella Road Bridge Maintenance Activities: Lee County DOT Contractor, Villafuerte Construction, will perform maintenance activities on the Pondella Road Bridge. 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 capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. During the work processes, men and equipment may be temporarily in the roadway. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The projected start date is January 30, 2023. North Lee County Wellfield Expansion Phase IIIA Project Fort Myers (ROW2022-00030). Cleveland Avenue LLC is a Venture Capital & Private Equity, and Finance company located in Chicago, Illinois with $9.00 Million in revenue and 63 employees. AI voice assistants can redeploy staff to focus on higher-value tasks while the AI voice assistant greets guests, takes orders, and offers upsells, resulting in higher profits. Their latest portfolio exit was Ureeka on September 30, 2022. Traffic will be maintained with flagmen. Both northbound and southbound lanes of Buckingham Road will be subject to lane closures during nighttime milling and paving operations. Bonita Beach Road, Bonita Springs (ROW2021-00508): Irby Construction will be replacing poles down Bonita Beach Rd for Florida Power and Light beginning February 6, 2023 through March 6, 2023. Presto overlays next-gen digital solutions onto the physical world. Ongoing through February 28, 2023, from 7:00 AM to 7:00 PM. The company is looking to raise roughly $200 million in the stock sale for its portfolio of burger, chicken and sausage replacements, sellin Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. The projected end date is April 30, 2023. 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. Please be aware of the advanced warning signs in these areas. The expected project completion is late 2023. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. 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. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. For questions, please Contact Rob Radford (239) 229-5980. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. The Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. However, Ventoux, Presto, and certain of their directors and executive officers may be deemed to be participants in the solicitation of proxies in connection with the proposed business combination under the rules of the SEC. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. He works at Raulston Venture Capital in Cleveland. The said section of road will be subject to a lane closures with flaggers beginning November 28, 2022 through March 31, 2023 from 7:00 PM through 6:00 AM. In the greater Chicagoland area, Black and Latinx entrepreneurs have 80 percent of their equity capital needs going unmet compared to 46 percent of white business owners, according to a recent study by the consulting firm Next Street. #drivethrutechnology #VoiceAI, 2018-23 Presto Automation Inc. All Rights Reserved. Aquinas Early, on behalf of Cleveland Avenue |aearly@explorefcg.com| 708-420-8570, Angelica Ramirez, on behalf of Cleveland Avenue |aramirez@explorefcg.com|. 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.