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Greater Cleveland Partnership credits innovation and public–private investment for Cleveland's comeback
Summary
Biju Shah, president and CEO of the Greater Cleveland Partnership, said Cleveland's resurgence rests on sustained public–private partnerships, a strong R&D footprint and major infrastructure projects, and highlighted programs to convert that momentum into jobs.
Biju Shah, president and CEO of the Greater Cleveland Partnership, told a Midwestern Higher Education Compact gathering that Cleveland has moved from decline to resurgence through coordinated public–private investment, innovation and workforce initiatives.
Shah said the region now shows measurable evidence of progress: Greater Cleveland has 33 publicly traded companies and, according to research his organization compiled, local companies have outperformed peers and the S&P 500 over the past 15 years. He said the region supports nearly $4,000,000,000 in research and development across corporate labs and federal facilities such as NASA Glenn, which he described as a major local R&D asset.
"Cleveland…
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