So I'm a bit late with news this morning, or the morning was a bit early, one of those. It probably has something to do with CityBeat winning six Cincinnati SPJ awards last night. Though I wasn't part of the team in 2013 when those awards were earned, I did my part by putting in extra hours celebrating.
Anyway, enough about us. Here's what's going on in the world.
Cincinnati’s startup community got some love yesterday when America Online cofounder Steve Case rolled into town with his Rise of the Rest tour, which celebrates entrepreneurs in American cities. Case praised Cincinnati’s progress in bringing vitality back to its downtown area and credited that renaissance at least in part to the city’s startups and young entrepreneurs.
U.S. Chamber of Commerce Secretary Penny Pritzger, who is riding shotgun on the tour, also praised the Queen City for the level of access startups have to the large corporations in town. She said what the city needs now is a big hit — a startup that really makes it big and shows the world that Cincinnati is a great place to start a business.
Mayor John Cranley was in the mix as well, touting Cincinnati’s strengths as a marketing town. He called the city “the best place in the world” for marketing entrepreneurs. While that’s kind of like your parents talking about how awesome you are to their work colleagues (of course he’s going to say that), Cranley’s point holds some weight — with so many big companies in town needing all sorts of fresh ideas, it can’t hurt to be living at their doorstep if you’re hoping to do some business with them.
One Cincinnati startup, called Frameri, got $100,000 from Case and an invitation to pitch their business in Washington, D.C. Frameri, which makes high-style glasses with interchangeable frames and lenses, beat out seven other local businesses in a pitch competition. The company is an alum of OTR’s business incubator The Brandery. No word from Case yet on my business idea, which involves a food delivery service that launches burritos from those pneumatic tubes you see in old bank building drive-thrus. Still waiting for that call, Steve…
• In other downtown news, Kroger is adjusting its ideas about starting a grocery store in the Central Business District. The Business Courier reports that Kroger CEO Roger McMullen discussed the chain’s plans for a downtown store at yesterday’s annual shareholder meeting, revealing that less may be more in the company’s eyes. Kroger had been mulling a full-size store here but is now considering something smaller and more specialized.
• Councilman P.G. Sittenfeld and other Democrats held an event this morning near UC criticizing Gov. John Kasich and the Ohio legislature for the low level of funding for higher education in the state. Democrats also gathered in Columbus to protest dwindling education spending, which they say make college unaffordable for many Ohio families. One talking point — Ohio’s budget spends less than 10 percent on higher education for the first time in four decades. Gov. Kasich has acknowledged that college affordability is a problem but says schools need to do more to cut costs and make sure degrees lead to good-paying jobs.
• The Associated Press reports that Ohio Attorney General Mike DeWine’s office is having a difficult time documenting how it goes about choosing law firms for special assignments. DeWine says there’s a rigorous process used to vet firms and decide who gets the lucrative state contracts, but public records request by AP found… nothing. It’s entirely possible that the AG’s dog ate the records or that maybe DeWine just keeps all that info in his head. The revelation comes as allegations are being made that these kinds of contracts are often awarded to firms who donate to the state Republican party. DeWine’s opponent for the AG post, Cincinnati-based lawyer David Pepper, has said DeWine’s office is engaged in a “pay to play” arrangement. DeWine, however, says his office’s choices are transparent and fair.
• A study by the Federal Reserve Bank of New York found that political polarization, which is at an all-time high, contributes to income inequality. This is kind of like a two-for-one in the “hot political topics” world. The study doesn’t go so far as to nail down why the gap between America’s political ideologies tracks so closely with the gap in rich and poor Americans’ incomes, but it does make a couple guesses, which are worth reading about. Basically, it may have to do with the country’s rightward shift toward policies that tend to benefit more wealthy citizens. Or heck, maybe it’s just a big crazy coincidence and the tea party really will make everything great for everyone if we only embrace their Mad-Max style dreams for a government-less future. Could be.
