Cleveland Innovation Project moves to scale up water-related industries

Read the full story at Crain’s Cleveland Business.

The latest approach to rejuvenating the regional economy began a quiet rollout last week when the federal Economic Development Administration (EDA) awarded a $600,000 grant to the Cleveland Water Alliance (CWA), a 6-year-old nonprofit that will use the money to support the scaling up of the region’s water-related industries.

It’s the first visible step in a plan to stimulate the region’s struggling economy developed by the Cleveland Innovation Project (CIP), a collaboration among two philanthropies — the Cleveland Foundation and the Fund for Our Economic Future — and three business and economic development groups — the Greater Cleveland Partnership (GCP), JumpStart Inc. and Team NEO.

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