Bizdom is a startup accelerator program with locations in Detroit and Cleveland. Both Detroit and Cleveland have growing entrepreneurial and startup ecosystems, where Bizdom’s program and facilities naturally fit in.
Bizdom was launched in Cleveland by one of their biggest tech startups turned successful giant companies, Quicken Loans Inc,and Chairman Dan Gilbert’s Rock Ventures. Gilbert is passionate about technology, entrepreneurship and Cleveland is also the majority owner of the Cleveland Cavaliers.
The Bizdom program is actually one of the earlier startup accelerator programs. They hold three month sessions and provide startup companies, selected for their program, with $25,000 seed investments for 8% equity. Startups selected for the Bizdom program at either location are given office space, internet access, access to a wide variety of mentors, business services and other perks.
The Cleveland program has been operating out of the Quicken Loans Web Center inside the MK Ferguson Building at Quicken Loans Arena. Now they’re moving to their own 7,000 square foot space at 250 W. Huron Road in the 250 Huron Building. The Bizdom Cleveland headquarters will be inside the five story commercial building which sits directly below the Ritz Carlton Cleveland Hotel.
“Establishing our Cleveland headquarters at 250 Huron solidifies Bizdom as an anchor in the city’s growing tech hub,” said Ross Sanders, chief executive officer of Bizdom. “Much like our Detroit headquarters, we have designed a collaborative and dynamic space that fosters an atmosphere for our entrepreneurs to truly excel,” he said.