Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. 12, or email at [email protected]. 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. traffic will be detoured east on Sentinela Blvd. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. Motorists and pedestrians are urged to use extra caution in this area. Hancock Bridge Parkway CIPP Project, Cape Coral Lee County DOT and their contractor Shenandoah General Construction will begin pipelining activities on Hancock Bridge Pkwy January 3, 2023. For further information, please contact Eli Enders at (239) 433-3000. About us. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. For all other questions please call general foreman Denny Spencer (239)810-9071. 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. Together, we are creating an ecosystem of business development that will make Illinois a hub of innovation with a diverse and talented group of entrepreneurs, Frerichs said. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Each segment will have most of the construction completed prior to moving to the next segment. Find top employees, contact details and business statistics at RocketReach. MOT will be provided through ACME Barricades (239)479-5266; [email protected] [email protected]. The projected start date is February 20, 2023, and it is expected to be completed by March 6, 2023. John Morris Road from Summerlin Road, 869, to McGregor Boulevard, 867 (ROW2022-00939): Pike Electric will be working on the overhead power lines. 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. Area Wide Protective will be providing MOT services. For questions, please Contact Rob Radford (239) 229-5980. Copyright 2023. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Cleveland Avenue is an investment group and accelerator, which focuses on building new food, beverage, and restaurant concepts. Annualized, pro forma, projected and estimated numbers are used for illustrative purposes only, are not forecasts and may not reflect actual results. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. The project is expected to be completed by spring 2023. 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. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. This work will be performed under a One Lane Road Operation. 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. The Cleveland Avenue Food Experience is our laboratory and gathering place. He has been with Cleveland Avenue since its inception in September 2015, and has a 30-year career leading financial organizations, including having spent 16 years at McDonalds Corporation. Southbound will be detoured from Bell Blvd. 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. It is a venture capital firm and startup accelerator that is headquartered in Chicago, Illinois. The portfolio includes $16 billion in state funds, $15 billion in retirement and college savings plans, and $6 billion on behalf of local and state governments. Voters in 1848 chose to make it an elected office. . 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. 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. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. Founders Don Thompson, J. Skyler Fernandes. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Descriptive keyword for an Organization (e.g. 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. 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. Cleveland Avenue State Treasurers Urban Success Fund. For questions about the project please contact Lehigh Acres Municipal Services Improvement District at 239-368-0044. Motorists should use caution, as there will be lane closures and uneven pavement in this area. 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. Periodic lane closures for eastbound lanes will occur between the hours of 9:00 AM and 3:30 PM on weekdays. 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 . 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 fund is based in Chicago, Illinois. At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. 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 firm prefers to invest in seed-stage, early-stage, and later-stage companies. Crews will be replacing the signal. The projected end date is March 31, 2023. Area Wide Protective will be providing MOT services. 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. | Founded by Don and Liz Thompson, Cleveland Avenue (CA) is a privately-held venture capital firm that invests in, builds and extends brands across a range of companies, industries and locations. Lane closures will be limited to between the hours of 9:00pm to 5:00am. Bradanna, Inc. will provide maintenance of traffic services (239) 455-8891. WORK PERFORMED BY OTHERS: 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. Martin Luther King Jr. Boulevard. Northbound Bell Blvd. Where the organization is headquartered (e.g. The restoration efforts are part of a new underground utility improvements project for Lee County. The information is general in nature and does not constitute advice. Cleveland Avenue is a Chicago-based venture fund and accelerator that invests in food, beverage, and tech businesses. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. 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. He works at Raulston Venture Capital in Cleveland. The said section of road will be subject to a lane closures with flaggers between 7:00 PM and 6:00 AM. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. 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. 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. 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: 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. Cleveland Avenues Chief Financial and Investment Officer, Keith Kravcik, will join Prestos Board. 1375 Euclid Avenue, Cleveland, Ohio 44115 (216) 916-6100 | (877) 399-3307 WKSU is a public media service licensed to Kent State University and operated by Ideastream Public Media. Temporary traffic Control devices will be utilized for pedestrian safety as well as that of the contractors workforce. US-41 & Pondella Rd, North Fort Myers: Lee County DOT Traffic will be changing out the traffic signal cabinet at US-41 & Pondella Rd on Wednesday, February 22, 2023 from 9:00 AM to 4:00 PM. Not only do they know the industry inside out, they share our vision for transforming physical industries with advanced digital automation, said Rajat Suri, Founder and CEO of Presto. Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. . 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. INVESTORS AND SECURITY HOLDERS AND OTHER INTERESTED PARTIES ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS THAT HAVE BEEN FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PRESTO, VENTOUX, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS. 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. This press release is not a substitute for the proxy statement/prospectus. The work activities above are scheduled to occur, however unforeseen underground conditions and weather may affect this schedule. Contact Email [email protected]. 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. When available, these documents can be obtained free of charge from the sources indicated above. 03 or Crews will be replacing the signal. This project consists of widening Burnt Store Road to four lanes. . Nalle Grade Road between Slater Road to Nalle Road RPU will be continuing with the installation of the Raw Water Main and Fiber Optics Conduit via directional drill from January 9, 2023 thru March 30, 2023. Tags: BBChicago, Black Business, BlackEntrepreneur, BlackOwned, BlackOwnedBusiness, Dsanders, SmallBusiness, Support Small Business, SupportBlackBusiness. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. Periodic lane closures for northbound and southbound lanes will occur between the hours of 9:00 PM and 5:00 AM on weekdays. Crews continue work on the 10-foot-high fence that will be used to funnel the wildlife to cross safely under Corkscrew Road. 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 more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to [email protected]. It seeks to mobilize $100 million in catalytic capital for nonprofits and social enterprises in Chicago. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. The projected start date is February 9, 2023. Crews will be working Monday through Saturday from 8:00 AM until 5:00 PM. By Staff | Feb 23, 2023 In addition to factors previously disclosed or that will be disclosed in Ventouxs reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement or could otherwise cause the transactions contemplated therein to fail to close; (2) the outcome of any legal proceedings that may be instituted against Ventoux, Presto, the Company or others following the announcement of the proposed business combination and any definitive agreements with respect thereto; (3) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Ventoux or Presto; (4) the inability of Presto to satisfy other conditions to closing; (5) changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; (6) the ability to meet stock exchange listing standards in connection with and following the consummation of the proposed business combination; (7) the risk that the proposed business combination disrupts current plans and operations of Presto as a result of the announcement and consummation of the proposed business combination; (8) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, grow its customer base, maintain relationships with customers and suppliers and retain its management and key employees; (9) the impact of the COVID-19 pandemic on the business of Presto and the Company (including the effects of the ongoing global supply chain shortage); (10) Prestos limited operating history and history of net losses; (11) Prestos customer concentration and reliance on a limited number of key technology providers and payment processors facilitating payments to and by Prestos customers; (12) costs related to proposed business combination; (13) changes in applicable laws or regulations; (14) the possibility that Presto or the Company may be adversely affected by other economic, business, regulatory, and/or competitive factors; (15) Prestos estimates of expenses and profitability; (16) the evolution of the markets in which Presto competes; (17) the ability of Presto to implement its strategic initiatives and continue to innovate its existing products; (18) the ability of Presto to adhere to legal requirements with respect to the protection of personal data and privacy laws; (19) cybersecurity risks, data loss and other breaches of Prestos network security and the disclosure of personal information; and (20) the risk of regulatory lawsuits or proceedings relating to Prestos products or services. Cleveland Avenue serves customers in . Companies like Cleveland Avenue include S2G Ventures, Millenium Food-Tech, and The House Fund. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. Cleveland Avenue has 4 portfolio exits. The projected end date is May 12, 2023. Bonita Beach Road SW between Meadowlark Lane and Windsor Road Bonita Springs, FL (ROW2022-00329): Bradanna, Inc. will be performing roadway and sidewalk improvements beginning Monday, April 10, 2022, and continuing through Sunday, April 30, 2023. The outside (right) lane of Eastbound traffic on Bonita Beach Road SW between Meadowlark Lane and Windsor Road will be subject to lane closures. 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. The bridge locations are: 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. Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights platform. Lee County DOT will be performing lane maintenance through toll plaza. The firm prefers to invest in seed-stage, early-stage, later-stage, and growth-stage companies. 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). There can be no assurance that the data contained herein is reflective of future performance to any degree. Coolidge Ave @Spur A Canal, Arthur Ave @ Spur A Canal, Richmond Ave N. @ Able Canal, Alabama Road @ Racer Canal and Bell Blvd @ Jim Canal. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. Asphalt pavement, concrete sidewalk, concrete curbing, and drainage improvements will be performed. Crews continue driving sheet pile around the causeway islands. For further questions, please contact Jennifer Dorning by email at [email protected] or by phone at (239) 338-7723. Solutions. For further information, please contact John Dalton at (239) 898-7853. The Company invests in restaurant, food, and beverage companies. All Rights Reserved. ACME Barricades will provide maintenance of traffic services (954) 321-3587. You can read more about your cookie choices at our privacy policyhere. Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. Information about Ventouxs directors and executive officers and their ownership of Ventouxs securities is set forth in filings with the SEC, including Ventouxs annual report on Form 10-K filed with the SEC on February 23, 2022. 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. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. Cape Coral Toll Facility: Starting Sunday February 19, 2023, and ending on February 22, 2023 nightly from 9:00 PM to 6:00 AM. For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, [email protected]. Thanks to Don and Liz, we are thrilled to be able to invest in talented, promising ventures like AYO Foods, Every Body Eat, 86 Repairs, LiftUp Enterprises, DrugViu, Inc., and Gray Matter Analytics through the CAST US fund, said investors Mark and Kimbra Walter. The roadway north and south of the work area will be open to two-way traffic. We have curated a list of the top Cleveland Venture Capitalists (VC). Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . All rights reserved. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. The proxy statement/prospectus will be sent to stockholders of Ventoux. 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. Motorists should use caution while driving in the area. IMPERIAL SHORES Boulevard Bonita Springs FL ROW2022-00816 Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. Alico Road (ROW2022-01108): Mastec will be setting a pole on Alico Road just east of Oriole Road and west of Three Oaks Parkway. 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). All work will be completed by Lee County DOT Traffic staff and will be completed between 7:00pm and 5:00am on Thursday March 2, 2023. The projected end date is April 30, 2023. This is anticipated to be completed by the end of March 2023. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, [email protected]. Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. The revised merger terms reflect a pre-money valuation for Presto of $525 million. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. Cleveland Avenue, Food Retail Ventures, Landa Ventures, and Planet Capital, AgFunder, Autotech Ventures, Cavallo Ventures, Cleveland Avenue, DCVC, Future Ventures, and SeaX Ventures. Motorists should expect intermittent northbound and southbound lane closures and detours on US 41/Cleveland Avenue during daytime and nighttime/overnight hours Monday through Friday throughout the duration of the project. 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: For further information, please contact Brian Williams with Pike at 239-225-8037 [email protected]. Area Wide Protective will be providing MOT services. Diversity Spotlight (US Headquarters Only). (970) 948-9787. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. Accelerating growth for businesses and developing entrepreneurs. Imperial Shores will be open to two-way traffic from Bonita Beach Road to Gary Road and from Pine Lake Road to Tarpon Avenue. 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. The Cleveland Avenue Food Experience is our laboratory and gathering place. For questions, please contact Kris Cella at (239) 337-1071. Starting on February 1, 2023/February 3, 2023, there will be a two-lane closure on the eastbound middle and righthand lane on Alico Road. Periodic lane closures will occur during the dates provided and as described for travel lanes between 9:00 PM to 6:00 AM nightly, Monday through Sunday. Cleveland Avenue acquired 1 company. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. In October 2022, it closed a $11.5 million Series B with investors including Cleveland Avenue State Treasurer Urban Success Fund, Fearless Fund, Kaya Ventures, and Supply Change Capital. Westgate Blvd The typical case for the fund is to invest in rounds with 3 participants. The Village of Estero has begun construction on the shared use path on the south side of the road from Ben Hill Griffin Parkway to Stoneybrook Golf Drive. The Treasurers Office predates Illinois incorporation in 1818. 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.
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