MAGNET hosts briefing session for collaborative Adopt a City program
More than 45 guests were in attendance for MAGNET and NASA Glenn’s Adopt a City Breakfast Briefing on Thursday, Jan. 28.
A collaborative project between MAGNET, the NASA Glenn Research Center, the City of Cleveland, and Cuyahoga County, the Adopt a City program pairs Northeast Ohio manufacturers with NASA subject matter experts and resources that enable them to solve technical challenges. Companies selected as a result of the program will also be able to access $300,000 in low-interest loans provided by Cuyahoga County and the City of Cleveland.
Paul Bartolotta (Senior Aerospace Engineer, NASA Glenn), Megan Tomsik (Product Development Support Specialist, MAGNET), and Ed Nolan (Vice President of Product Development and Engineering, MAGNET) at the 2016 Adopt A City Breakfast Briefing.
“With over 3000 employees, NASA Glenn is a secret treasure in Northeast Ohio,” said MAGNET President and CEO Ethan Karp. “Since partnering with them, we have generated over 4 million dollars in revenue for the region and plan to expand that with this year’s initiative.”
Featured speakers also included NASA Glenn’s Eric Baumann and Paul Bartolotta, Cuyahoga County Economic Development Adminstrator Michael May, and Tracy Nichols, Director of Economic Development for the City of Cleveland.
“We want you to be more competitive, we want you to solve problems, and we want you to take advantage of the incredible resource that is NASA,” Nichols said.
Manufacturers interested in applying for the Adopt a City program must meet the following requirements:
• Located in Cleveland or Cuyahoga County
• Generated between $5 million and $250 million in annual revenue
• Have a technical challenge that, once solved, will generate revenue and add jobs
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