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. Alico Road Curb Cut Amazon RSW5 (ROW2022-00853): Plateau Excavation, Inc. will be performing the roadway improvements, indicated as 19 ROW Alico Road on the permit, beginning Monday, January 09, 2023 and continue through Friday, March 17, 2023. Flaggers will be on the roadway directing traffic and motorist are advised to use caution for their safety and safety of the workers. All rights reserved. For further information, please contact Eli Enders at (239) 433-3000. Please use caution and watch for workers and construction vehicles entering and leaving the roadway. Martin Luther King Jr. Boulevard. to south on Country Club Pkwy, east on E 2nd St, south on McArthur Blvd to west on Sentinela Blvd. Westgate Boulevard at 8th Street West: Lee County DOT will be implementing a traffic pattern change at the intersection of Westgate Boulevard and 8th Street West. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. Burnt Store Road from Tropicana Parkway to Pine Island Road: Motorists should expect temporary southbound traffic diversions from 7:00 AM to 7:00 PM. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). 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. Investment Stage Early Stage Venture. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. ILGIF aims to invest more than $1 billion on a recurring basis creating an estimated 60,000 jobs per investment cycle. 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 Village of Estero will be installing shared use paths, lighting, and landscaping as phasing allows. For further information, please contact Neil Monkman at 239-226-1601 Ext 12 or 239-462-7371 cell. Led by Cleveland Avenue, LLC (Cleveland Avenue), the $60 million equity injection will accelerate the deployment of Prestos technology throughout the restaurant industry. Description. Some of our portfolio brands include Beyond Meat, Farmer's Fridge, Zero Cater, Sustainable . Drivers, pedestrians, and bicyclists are urged to use extra caution when traveling through the work zone. 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. For further information, please contact John Dalton at (239) 898-7853. 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. lane traveling westbound on Alico Road. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements. The projected end date is March 31, 2023. ACME Barricades will provide maintenance of traffic services (239) 479-5266. Learn more atwww.ilgif.com. 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. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. The project will be constructed in three segments. Each segment will have most of the construction completed prior to moving to the next segment. We look forward to continuing to work with the Presto team and our investors in consummating this deal and maximizing value for all stakeholders, said Ed Scheetz, CEO & Chairman of Ventoux. 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: 03 or Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Call (844) 417-2688 with any questions. Motorists should expect a new traffic pattern on Friday morning, February 25. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth For further information on MOT, related inquiries please contact Sam Bell at (239)240-9410, sambell@awptraffic.com. Crews continue earthwork on the causeway islands. For further information, please contact Jillian Scholler at (239) 533-8591 or email at jscholler@leegov.com. Storm water work outside of sidewalk/travel lanes will be ongoing from Wednesday, January 11, 2023 through Friday, February 24, 2023. 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. Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. 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). Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. (970) 948-9787. For further information, please contact Brian Williams with Pike at (239) 225-8037 or at bwilliams@pike.com. Weather may affect start times and dates. The awards and certifications we receive from customers and industry bodies reflect our continued commitment to excellence. SaaS, Android, Cloud Computing, Medical Device). Motorists should expect turn lane closures and intermittent traffic stops as equipment is removed and replaced. 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. 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. Search Crunchbase. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Materials and information on this website are proprietary in nature belonging to Cleveland Avenue and may only be reproduced in their entirety (without modification) for the individual reader's personal or educational use and must include this notice of our proprietary interest and the prohibition of reproduction. We believe the additional capital provides a powerful vote of confidence in the business combination and will give Presto all the tools needed for an excellent start in its public life. Start Free Trial . We have curated a list of the top Cleveland Venture Capitalists (VC). 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/. Pedestrians are not permitted on the Sanibel Causeway. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Work is expected to be completed by the week of March 6, 2023. Such statements include, but are not limited to, statements about future financial and operating results, plans, objectives, expectations and intentions with respect to future operations, products and services and expectations regarding the proposed business combination between Presto and Ventoux; and other statements identified by words such as will likely result, are expected to, will continue, is anticipated, estimated, believe, intend, plan, projection, outlook or words of similar meaning. Ovation Brands, SUPERVALU, and McDonald's, Chief Financial Officer, Chief Investment Officer. Cleveland Avenue is providing this website, related electronic media and other information only as a convenience for you. Corkscrew Road Widening Project Phase I Construction Project: The project widens Corkscrew Road to six lanes from Ben Hill Griffin Parkway to Fire House Lane, and to four lanes from Fire House Lane to Bella Terra Boulevard. 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. 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. Andrew Hayes Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. 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. For further information, please contact Alex DeMarco at (239) 3516080 or alex@collierpave.com. With over 250,000 systems shipped, Presto is one of the largest labor automation technology providers in the industry. For further information, please contact Cole Bryan (863) 268-3941 or via email Jbryan@irbyconstruction.com. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. During the work processes, men and equipment may be temporarily in the roadway. Beyond Meat, the meat replacement company whose packages of Beyond Burgers line grocery store aisles across America, has filed for an initial public offering. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. 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. Directional Drill will be performed along Nalle Road from Quail Run heading south towards Sedgefield Road. Seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Real Times Media. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. Drive-thrus are well-suited for automation. The projected end date is April 30, 2023. The bridge locations are: For further information you can contact Jessie Culpepper at 239-913-9127. Motorist should use caution and expect some delays when work is active. Summerlin Road from Bass Road to John Morris Rd (ROW2022-00185): Andrew Sitework LLC will be performing sidewalk replacement, landscaping, Grading and sodding, and irrigation improvements along Summerlin Road from Just east of Bass Road going West to John Morris Road. You can read more about your. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. 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. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. Motorists should expect construction vehicles pulling in and out of traffic near the driveways of The Preserve at Corkscrew and Bella Terra. You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. Cleveland Avenue acquired 1 company. Rocketreach finds email, phone & social media for 450M+ professionals. intersection will be closed to all through traffic beginning Monday February 20, 2023 for repairs. 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. Cleaveland Avenue is a venture capital firm and startup accelerator headquartered in Chicago, Illinois, that was founded in 2015 by Don Thompson. All rights reserved. RESCHEDULED: During the nighttime/overnight hours on Thursday, February 23, motorists are urged to plan extra time when using the Stoneybrook Golf Drive intersection. Cleveland Avenue has 3 team members, including current Chief Financial Officer, Chief Investment Officer, Keith Kravcik. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include: Beyond Meat, Bhakti, Farmwise Foods, and Bright Cellars. The projected end date is April 30, 2023. Cleveland Avenue, the Illinois Growth and Innovation Fund, the Walter Family, Benefit Chicago, private and family foundations, and prominent financial institutions have come together to support a more inclusive venture capital ecosystem and more directly impact Black, Latinx, and women entrepreneurs in Chicago through the CAST US initiative. Venture Capitalists (VC) play an important role in the startup ecosystem. We celebrated Jason Ritter with a little team lunch at Cleveland Avenue's Taste 222. RESCHEDULED: Crews will be working during the nighttime/overnight hours on Thursday, February 24 to switch traffic to the new lanes. The detour and one-way road on Imperial Shores Blvd. 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. Lee County DOT will be performing lane maintenance through toll plaza. Their latest investment was in Zerocater as part of their Series C on February 2, 2023. 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. 4. Expect Crawford Street closed on the east side of US 41 / Cleveland Avenue. The roadway north and south of the work area will be open to two-way traffic. 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. The project will be constructed in three segments. Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). 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. 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 . 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. This project should be complete by the end of February. View contacts for Cleveland Avenue to access new leads and connect with decision-makers. The projected start date is January 30, 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. The projected end date is May 12, 2023. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. Westbound McGregor Boulevard has been reduced to one lane approaching and through the toll plaza. Starting on January 9, 2023, and continuing through the end of February 2023, Imperial Shores Boulevard will be closed between Gary Road and Pine Lake Road while crews install two (2) large drainage structures with pipe crossing the road and install drainage pipe up too Little Hickory Drive. bridge between Crestview Pl & Scenic St, mile south of the Joel Blvd/ Leeland Heights Blvd. Win whats next. A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods. Cleveland Avenue General Information. Our diverse team includes specialists that drive growth at all stages, from . Submitters are 7x more likely to receive a qualified connection. Motorists should be aware of vehicles entering/exiting the road in this area. The expected project completion is late 2023. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Try for free at rocketreach.co This south segment from Tropicana Parkway to Pine Island Road costs $13.6 million. Cleaveland Avenue was founded by Don Thompson, former CEO of McDonald's, in 2015. 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. 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. Expect Hoople Street closed on the east side of US 41 / Cleveland Avenue. 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. . 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. to east on Joel Blvd. ACME Barricades will provide maintenance of traffic services (954) 321-3587. By continuing to use this site you are consenting to these choices. 30,000 square feet in downtown Chicago dedicated to culinary concept development and consumer validation. Innovative and equitable solutions like those offered by Cleveland Avenue truly address small businesses needs and provide critical resources for entrepreneurs of color.. Work will be done between the hours of 8:00 PM 4:00 AM. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT. Each segment will have most of the construction completed prior to moving to the next segment. 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.
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