Lack of representation in the industry results in Black, Latinx, and women entrepreneurs struggling to access venture capital support. 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. Cleveland Avenue LLC operates as a venture capital investment company. Crews will be replacing the signal. Accel/Decel Lane, Catch Basin/Culvert Pipe, Curb & Gutter, Sidewalk, Single Entrance, Turn Lane, and Asphalt Pavement improvements will be performed between Lee Road and Domestic Avenue. Return to Cleveland Avenue Site. Expect Suwanee Avenue closed on the west side of US 41 / Cleveland Avenue. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. Speeding Porsche driver crashes in ball of flames in Roseville while eluding patrol, is badly hurt, Zerocater Raises $15 Million, Announces Expansion, Evigence Secures $18M in Series B Funding to Expand Commercialization of Freshness Management System, Evigence Raises $18 Million for Food Freshness Tech. brock@ventouxccm.com For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Motorists should expect delays and use caution as construction vehicles enter/exit the roadway. Please use caution when traveling through the project. The projected start date is January 30, 2023. Road Work/Maintenance/Improvement Northbound Bell Blvd. Lane closures will be limited to between the hours of 9:00pm to 5:00am. ACME Barricades will provide maintenance of traffic services (954) 321-3587. 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. 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 . At that point, work will be performed using One Lane Road operations in shorter sections as crews work their way north. Lane closures will start at 7:00 PM and will end by 5:00 AM daily until complete with section of job. Lee County DOT will be performing lane maintenance through toll plaza. . Traffic will be maintained with flagmen. 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. This press release is not a substitute for the proxy statement/prospectus. The projected end date is April 30, 2023. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Since the summer of 2019, Cleveland Avenue, State Treasurer Michael Frerichs, and State Chief Investment Officer Rodrigo Garcia have been in strategic discussions on connecting underrepresented entrepreneurs in under-invested areas in Chicago with capital and business support resources. The firm prefers to invest in seed-stage, early-stage, and later-stage companies. The projected start date is October 1, 2022. Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Completion of SOD & Striping/Signage will occur between Wednesday, March 1, 2023 and Friday, March 17, 2023 for all improvements. 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. Learn more atclevelandavenue.comand follow us onTwitter,LinkedIn, andInstagram. 2. Cleveland Avenue has 1 fund, including Cleveland Avenue State Treasurers Urban Success Fund. Search Crunchbase. Project cost is approximately $23 M. The contractor is Cougar Contracting, LLC. Area Wide Protective will be providing MOT services. Lane closures will occur while work is being performed, Traffic will be maintained with flagmen. Crews continue striping, limerock, curb and gutter, and guardrail installation throughout the project to facilitate this switch. Learn more. Our diverse team includes specialists that drive growth at all stages, from . Arc Chicago, LLC, is an investment fund created by MacArthur to further the objectives of Benefit Chicago. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Cleveland Avenue has made 43 investments. 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. 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 Chicagos South and West Side neighborhoods. Win whats next. 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. All Rights Reserved. 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. Our enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. For further information, please contact John Ditty at (239) 744-6503 or jditty@gcmcontracting.com. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. 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. . 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. Asphalt pavement sampling will be performed. 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. 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. For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. About Cleveland Avenue, LLC. Motorists should expect side road closures from Winkler Avenue to Victoria Avenue throughout the duration of the project. 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. Advice from the late founder of Columbus' Worthington Industries has shaped Tony Manna's approach to business throughout his career. It will be necessary to close the roadway in small sections and detour traffic around the work area. Crews continue construction of the roadway between Wild Blue Boulevard and The Preserve. This crossing will coincide with a regional flow-way that crosses Corkscrew Road at that location. Southbound will be detoured from Bell Blvd. 4. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Dom's expects to open its first location in Chicago in June. Southbound lane along Nalle Road will be subject to temporary daily lane closures. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. 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. 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. Milling and paving will start Tuesday, January 31st, 2023 and will tentatively go through Friday February 3, 2023. Founded in 2015 by industry veteran Don Thompson, we support entrepreneurs whose innovations are disrupting the norm. Lehigh Acres Resurfacing FY22A: Lee County DOT, along with their contractor Community Asphalt will be milling and paving on various roads in Lehigh Acres. Continued sidewalk closure approximately 100, February 20 through February 25, 2023 The projected end date is March 31, 2023. Despite the Cleveland Avenue, startups are often financed by PowerPlant Ventures, DNS Capital, gener8tor. Get the full list, Morningstar Institutional Equity Research. Work will be done between the hours of 8:00 PM 4:00 AM. 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. All rights reserved. There will be lane closures in the westbound and eastbound lanes of Bonita Beach Road, southbound lanes of Windsor Road and southbound outside turning lane of US HWY 41.
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