Amount of community loan fund capital deployed to minority-owned businesses
$2,905,010 million
Amount of community loan fund capital deployed by Development Finance Authority

In past years

  • 2020
    $368,000
  • 2021
    $890,500
  • 2022
    $1,598,000
  • 2023
    $1,808,266.20
Amount of capital raised for Polymer Industry Cluster projects
$100,353,054 goal:
$200,000,000
Amount of capital raised for Polymer Industry Cluster projects
USEDA Tech Hubs
Strategic Development
$499,516
Awarded on
11.1.2023
ODOD Innovation
Hubs Program
$41,650,000
Awarded on
9.5.2024
USEDA Tech Hubs
Program
$58,186,538
Awarded on
7.2.2024
Percentage of jobs with a family sustaining wage
18.4% of jobs
Percentage of jobs with a family sustaining wage

For Akron MSA region

  • Family Sustaining Wage:
    $36.39
  • Jobs Paying a Family Sustaining Wage:
    18.43%

Source: TeamNEO via Lightcase

Percentage of Black workers in in-demand occupations/industries
12%
Percentage of Black workers in in-demand occupations/industries
  • IT
    1.4%
  • Manufacturing
    7.6%
  • Healthcare
    13.9%
  • Other
    77%

Source: TeamNEO via JobsEQ, Lightcase

Number of downtown residential units added and in the pipeline
228
Number of downtown residential units added and in the pipeline
  • Units Added
    0
  • Units in the Pipeline
    228

"In the Pipeline" means either close to going into or in construction. For 2024, it includes 123 Bartges and CitiCentre buildings.

Number of downtown visitors, residents, workers, and students
2,339,333 people
Number of downtown visitors, residents, workers, and students
  • Visitors
    2,300,000
  • Residents
    2,800
  • Workers
    24,000
  • Students
    12,533
  • Total
    2,339,333

Source: TeamNEO via JobsEQ, Lightcase

Number of development-ready sites in and accessible to low-income urban areas
21 sites
Number of development-ready sites in and accessible to low-income urban areas

21 out of 70 developable sites of 5+ acres of land are located in, or within, 5 miles of low-to-moderate income areas.

Number of payrolled business locations, including new establishments
Number of payrolled business locations, including new establishments
Year
Established
New
2023
19,389
300
2022
19,089
490
2021
18,599
537
2020
18,062
194
Amount of third party capital raised by tech-based start-ups
Amount of third party *capital secured by clients of Bounce Innovation Hub and University of Akron Research Foundation
  • Angel Investor
    $14,521,756.92
  • Community Organization
    $99,115.25
  • Federal Government
    $2,015,500.00
  • Private
    $3,000,000.00
  • State Government
    $50,500.00
  • Strategic Partners
    $7,250,000.00
  • Venture Capital
    $425,000.00
  • Total
    $27,361,872.17
Number of businesses supported by Elevate Greater Akron ecosystem
Number of Businesses served by the Business Retention and Expansion Working Group
  • Business, Retention, and Expansion meetings
    315
  • Subset of MBE/WBE meetings
    133
  • Net Promoter Score
    76.8