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Media: 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. Scotts Safety will doing the MOT (Clint Scott at 239-340-8697). to east on Joel Blvd. Southbound will be detoured from Bell Blvd. The firm prefers to invest in food tech, restaurant, and technology sectors. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Win whats next. Final Construction is scheduled for the end of July with milling and resurfacing of the roadway, new signs and new pavement markings. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. 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. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Sanibel Causeway Emergency Restoration: As a part of the Florida Department of Transportations (FDOT) Emergency Restoration of the Sanibel Causeway, crews continue work on McGregor Boulevard and the Sanibel Causeway from Port Comfort Road to Sanibel Island. Please be patient as travel may be slower than usual. Active, Closed, This describes the type of investor this organization is (e.g. Work will consist of new water main on the west side of Imperial Shores followed by new drainage pipe & structures, sidewalks, curb & gutter, roadway rebuilding on the east side of Imperial Shores. CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. The projected end date is March 31, 2023. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. 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. The projected start date is September 19, 2022. For further information, please contact Brian Brandfass at (239) 226-1606 Ext. This work will be performed under a One Lane Road Operation. locations may have flagged and intermittent nightly lane closures from 7:00 PM to 6:00 AM. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Founded by Don Thompson, the former President and CEO of McDonalds 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. 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 Chicago's South and West Side neighborhoods. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. Weather may affect start times and dates. Traffic will be maintained with flagmen. The activities will begin on January 3, 2023 and continue until February 17, 2023. Welcome to Cleveland Avenue LLC- a venture capital firm that strategically consults and Invests in restaurant, food & beverage concepts. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. Ample signs will be in place to safely guide traffic around the work area. For questions, please contact Kris Cella at (239) 337-1071. Martin Luther King Jr. Boulevard. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. Drivers, pedestrians and bicyclists should use caution and be aware of construction equipment and vehicles entering/exiting streets in the project area. The projected start date is January 30, 2023. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Edit Lists Featuring This Company Section, Venture Capital Companies With Fewer Than 1000 Employees (Top 10K), Early Stage Venture Investors with Investments in United States, Illinois Companies With Less Than $1B in Revenue (Top 10K). All rights reserved. Please be aware of the advanced warning signs in these areas. The restoration efforts are part of a new underground utility improvements project for Lee County. 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. Intermittent lane closures can be expected with variable message board on approach to notify drivers. 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 diverse team includes specialists that drive growth at all stages, from . The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Martin Luther King Jr. Boulevard. Work will be done between the hours of 8:00 PM 4:00 AM. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. 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. The project is expected to be completed by spring 2023. Copyright 2023 CB Information Services, Inc. All rights reserved. site you are consenting to these choices. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. Area Wide Protective will be providing MOT services. For further information, please contact Trevor Bianco at (813) 439-4433 or tbianco@tierraeng.com. Cleveland Avenue | 4,571 followers on LinkedIn. You can read more about your cookie choices at our privacy policyhere. This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. brock@ventouxccm.com After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. The project also includes construction of a new bridge over Shadroe Canal, drainage installation, and lighting. Where the organization is headquartered (e.g. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. . The investment approach is cautious to ensure the preservation of capital. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging . , New York), and Somrus (a line of Indian flavoured liqueurs). All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00 PM and 5:00 AM on Thursday February 16, 2023. Motorists wishing to access NB Imperial Shores should follow the detour to Imperial River N, to Tarpon Ave. W and travel South on Imperial Shores Blvd. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. He says venture capital dollars are hard to find in northeast Ohio, but insists money is tight everywhere . Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. The projected start date is January 30, 2023. Beginning 7 a.m. through 5 p.m. Monday February 20 through Saturday February 25, 2023, crews will close sidewalks and driveways for water main crossing. 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). The fund invests in companies across the food and beverages and TMT sectors. 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. All Rights Reserved. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. World Business Chicago's annual venture summit expands to food innovation, May 25-26, 2022; Over 400 founders, innovators, and investors, will meet to discuss why Chicago is a global food . 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. Founded by Don and Liz Thompson, Cleveland Avenue is a privately-held venture capital firm that accelerates and strategically invests in innovative food, beverage, and restaurant concepts and emerging brands. Area Wide Protective will be providing MOT services. Bridge Maintenance Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. 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. Bonita Beach Road SW @ Imperial Shores Bonita Springs (ROW 2022-00816): Andrew Sitework LLC will be performing construction on Imperial Shores Blvd starting July 26, 2022, from Bonita Beach Road to Tarpon Avenue. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. 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. Crews will be replacing the signal. All rights reserved. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. John Morris Road from McGregor Boulevard, 867, to Iona Road (ROW2022-00927) Pike Electric will be working on the overhead power lines. Real Times Media. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. 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. The goal of this impact investment effort is to create jobs, build wealth, and tackle other social and economic challenges, with a special focus on communities of color, low-income households,and historically marginalized communities. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Work times will be from 7:00 AM to 5:00 PM. 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. Please use caution when traveling through the project. The bridge locations are: Their latest investment was in Zerocater as part of their Series C on February 2, 2023. 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). Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. 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. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. In connection with the proposed business combination involving Ventoux and Presto, Ventoux has filed a registration statement, which includes a preliminary proxy statement/prospectus, with the SEC. 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. 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. Lehigh Acres Municipal Services District (LAMSID) along with Ajax Paving Industries of FL (contractor) will be resurfacing six bridge locations in Lehigh Acres. A detour will be in place with ample signs routing traffic around the work area. Please use caution and drive with courtesy and patience throughout the project area. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. It will be necessary to close the roadway in small sections and detour traffic around the work area. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Asphalt pavement widening, embankment, base rock, concrete curbing, and striping will be performed. Cleveland Avenue serves customers in . The median demo/install will occur between Monday, January 16, 2023 and will affect the inside lanes travelling east and west between Lee Road and Domestic Avenue on Alico Road. ACME Barricades will provide maintenance of traffic services (954) 321-3587. . 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. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. Andrew Hayes 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. Accelerating growth for businesses and developing entrepreneurs. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. The projected end date is May 12, 2023. Southbound lane along Nalle Road will be subject to temporary daily lane closures. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth Residents are entering and exiting communities on both sides of Corkscrew Road. Acceleration Services A unique team of food and beverage specialists who drive concept growth. You can read more about your. 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. Very incredibly proud of you and your next step Jason. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. The fund is based in Chicago, Illinois. Cleveland Avenue deals with seed ventures, early-stage, and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Motorist should use caution and expect some delays when work is active. Working hours shall be from 7:00 AM to 9:00 PM, Monday through Saturday. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. 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. Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. This is anticipated to be completed by the end of March 2023. Try for free at rocketreach.co Lee County DOT will be performing lane maintenance through toll plaza. (970) 948-9787. Crews will work on the west side of the road initially and when that work is completed, they will shift to the east side of Cleveland Avenue/US 41. Motorists should be aware of vehicles entering/exiting the road in this area. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. For additional information, please contact Rhett Tillman at (239) 533-9400 or email at rtillman@leegov.com. Further, the use of this website, and the sending or receipt of such information and materials, does not create a client relationship between us. that was in place prior to hurricane Ian will be re-implemented within the next 2 weeks to allow construction to resume. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. ACME Barricades will provide maintenance of traffic services (239) 479-5266. Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road: Lee County DOT will be performing repairs to the Qwick Curb along the centerline of Fiddlesticks Boulevard at Daniels Parkway and Palomino Lane at Jobe Road/Kings Crossing Road. Search Crunchbase. These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830. The Treasurers Office predates Illinois incorporation in 1818. Cleveland Avenue Food and Beverage Fund I General Information. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Drive-thrus are well-suited for automation. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Diversity Spotlight (US Headquarters Only). Learn more atwww.ilgif.com. It is estimated that this detour will remain in place until the end of December 2022 until the new underground drainage is installed up to Pine Lake Rd. The typical case for the fund is to invest in rounds with 3 participants. As Illinois State Treasurer, Frerichs is the states Chief Investment and Banking Officer and actively manages approximately $37 billion. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. The projected start date is February 9, 2023. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Return to Cleveland Avenue Site. Lane closures are not anticipated at this time, but motorists should expect construction vehicles and minor traffic disruptions while construction activities are being performed. The project will be constructed in three segments. He works at Raulston Venture Capital in Cleveland. Gunnery Road Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. Iona Rd from Tahitian Dr to Thorton Rd (ROW2022-01012): Pike Electric will be working on the overhead power lines. . Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. The activities will require lane closures between 9:00 PM and 5:00 AM. There can be no assurance that the data contained herein is reflective of future performance to any degree. lane traveling westbound on Alico Road. 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 do this by making targeted investments with venture capital (VC), growth equity and private venture debt firms with a nexus to the State of Illinois. Corporate Venture Capital; 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. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. 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:

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