Cleveland Chain Reaction is on a mission to create jobs, investment and prosperity in Greater Cleveland while providing education and information for entrepreneurs and aspiring business owners to benefit our community.

The small business pitch competition connects entrepreneurs to capital and mentors and places new businesses in Cleveland neighborhoods to create jobs and build prosperity. The first-place winner receives a $40K grant, second-place wins a $20K grant and third-place wins $10K.  

Cleveland Chain Reaction is produced by COSE in collaboration with FOX 8 News in the Morning’s “Kickin’ it with Kenny.” This season of Cleveland Chain Reaction is sponsored by Medical Mutual, Minutemen Family of Companies and MAGNET. Mimi Magazine is the competition’s print publication partner. 

Questions about Cleveland Chain Reaction? Contact Megan Kim, Executive Director, COSE, Senior Vice President, Marketing and Membership Development at mkim@greatercle.com or call 216-592-2356.

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Learn More about Cleveland Chain Reaction's History

Since its inception in 2017 (the competition was put on hold in 2020 due to the pandemic), Cleveland Chain Reaction has received more than 515 applications, coached and prepared 126 small business semifinalists, connected winning businesses to more than $1.7 million in capital and provided over 580 hours of technical assistance.

The inaugural season of Cleveland Chain Reaction took place in Slavic Village. Old Brooklyn hosted the 2018 edition and Collinwood was the 2019 host neighborhood. Since 2021, winners can select any city in Greater Cleveland to place their business based on their specific real estate needs, industry and target market. 

Cleveland Chain Reaction was inspired by Cleveland Hustles, the reality series produced by LeBron James that aired on CNBC in 2016. Cleveland Chain Reaction is an independent and unrelated effort that supports the continued opportunity that Cleveland Hustles initiated.

Congratulations to Season 7 Semifinalists

Congratulations to the season 7 Cleveland Chain Reaction Semifinalists! Check out the complete list below. The businesses will participate in a bootcamp hosted by JumpStart where business experts will help them prepare to pitch to a panel of judges at showcase days taking place Wednesday, August 20 and Thursday, August 21.

Cleveland Chain Reaction Season 7 Semifinalists

Cleveland Chain Reaction Process



1. Determine if Business is a “fit” & Apply

Read the Criteria
  • Businesses of any type (retail, service, manufacturing, etc.) will be considered for Cleveland Chain Reaction and should have the following characteristics:
  • A track record of some level of operations with customers and revenue that demonstrate a viable business.
  • You must be in business for a minimum of 6 months at the time of application with the ability to show financials.
  • A pathway and a desire for significant growth.
  • The ability to produce business financials for review.
  • A business that is currently in Greater Cleveland or a desire to locate business operations in the region.
  • An ownership team that is coachable.
  • If you meet these criteria, complete and submit the application.



2. If Selected, Participate in Business Bootcamp

Learn More
  • The top 20 businesses selected as semifinalists will participate in a bootcamp hosted by JumpStart where business experts will help the entrepreneurs prepare to pitch to a panel of judges at the showcase days.

 



3. Pitch your Business 

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  • Businesses will be evaluated based on their business narrative or story, growth strategy, financials, use of funds and overall presentation. The three with the highest scores will win: first place will receive $40,000; second place will receive $20,000; and third place will receive $10,000. Judges, local investors and mentors may choose to contribute additional capital to the businesses.

Cleveland Chain Reaction Sponsors:

Print Sponsor:

Mimi Magazine is the competition’s print publication partner.