Starting Sunday, January 15, 2023, these For additional information, please contact Neil Monkman at (230) 226-1601 Ext. Weather may affect start times and dates. brock@ventouxccm.com For additional information, please contact Victor Menocal at vmenocal@rpucorp.com or (305) 776-8181. ACME Barricades will provide maintenance of traffic services (954) 321-3587. Corporate Venture Capital; Prestos enterprise-grade voice, vision, and touch technologies help hospitality businesses thrive while delighting guests. site you are consenting to these choices. 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. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). Turn lanes are currently unavailable at Wild Blue Boulevard, Cypress Shadows Boulevard (The Preserve at Corkscrew), Midnight Blue Boulevard, and Bella Terra Boulevard (eastbound right-turn lane). Alico Road Lighting and Landscaping Fort Myers (Lee County #9269): Bentley Lighting and P&T landscaping crews will be on site throughout the project along Alico Road from Ben Hill Griffin Parkway to just east of ITEC, beginning July 26, 2022, until Wednesday, February 24, 2023. This schedule may be subject to change due to inclement weather and unforeseen underground conditions. 41/Cleveland Avenue from Winkler Avenue to SR 82/Dr. Chrome Extension. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. After a lifetime empowering entrepreneurs and setting the stage to substantially advance more Black, Latinx, and women-owned businesses on the South and West Side of Chicago, Im beyond excited to work alongside Don, Liz, and the entire Cleveland Avenue team to support more inclusive investments, economic development, and job creation in our community.. Cleveland Avenue - CrunchBase For more project information please contact the Citys public information consultant, Cella Molnar & Associates, Inc. at 239-337-1071 or via e-mail to thayden@cella.cc. Crystal Drive (Plantation Road to US 41) Water Main Improvements (ROW 2022-00020): Beginning April 4, 2022, contractors for Lee County will install new water main beginning on the west side of Planation Road just south of the roundabout with Crystal Drive. A $70M initiative that will bridge the capital and resource gap impacting Black, Latinx, and women entrepreneurs in Chicago's South and West Side neighborhoods. Founders Don Thompson, J. Skyler Fernandes. traffic will be detoured east on Sentinela Blvd. For further information you can contact Jessie Culpepper at 239-913-9127. Corkscrew Road Widening Project Phase I Construction Project: The project widens Corkscrew Road to six lanes from Ben Hill Griffin Parkway to Fire House Lane, and to four lanes from Fire House Lane to Bella Terra Boulevard. This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Notable food & beverage companies in Cleaveland Avenue's investment portfolio include. Andrew Hayes Much of the work originally scheduled for this week was rescheduled for the following week to minimize impacts to traffic AFTER the traffic shift occurs. Cleveland Avenue is an American food investor, backing seed ventures, early stage and private equity deals focused on emerging restaurants, beverages, services, and technologies designed for foodservice and hospitality channels. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. Established by Illinois Treasurer Frerichs, the Illinois Growth and Innovation Fund (ILGIF) is an evergreen, $1 billion impact investment fund that will invest in ways to attract, assist and retain quality technology-enabled businesses in Illinois. Cleveland Avenue, a food innovation-focused venture capital firm from former McDonald's CEO Don Thompson, has launched a new $70 million fund that will invest in Chicago companies owned by Black . Motorists should use caution, as there will be lane closures and uneven pavement in this area. https://www.restaurantbusinessonline.com/financing/franchises-navigate-tough-waters-their-bid-growth . Bicyclists should expect the bike lane from Stoneybrook Golf Drive to just east of Wildcat Run to be combined with the travel lane while crews work on the north side of the road. During the work processes, men and equipment may be temporarily in the roadway. Flaggers will be in place directing traffic around the work area on the east side of Imperial Shores. 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 Chicago's South and West Side neighborhoods. Crews will also install water main from a connection point on the east side of US 41 near 12499 Cleveland Avenue (PDQ). The project is expected to be completed by spring 2023. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. Your communication with us through this website is not privileged or confidential, unless a client relationship has otherwise been established between us and such communication is protected under applicable law. Cleveland Avenue serves customers in . We want to prove that investing in and supporting Black, Latinx, and women entrepreneurs seeking venture capital support is a very solid growth strategy, said Don Thompson, Founder of Cleveland Avenue. Call (844) 417-2688 with any questions. Bell Blvd Bridge Closure and Detour Begins February 20, 2023: The Bell Blvd. 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. The projected end date is March 31, 2023. The causeway islands surrounding the temporary roadway are an active work zone and are currently closed for public access. The MOT company will be Scotts Safety and their point of contact will be Clint Scott (239)340-8697. 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. Don Thompson's venture capital firm ups its investment in Dom's Kitchen Pedestrians should expect the sidewalk on the south side of the road closed from Ben Hill Griffin Parkway to Stoneybrook Golf Drive while the Village of Estero constructs the shared use path. A & W Bulb Rd from Gladiolus Drive to McGregor SR 867 (Permit ROW2022-00038): Pike Electric will be working on the overhead power lines. 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. The information is general in nature and does not constitute advice. The firm prefers to invest in food tech, restaurant, and technology sectors. These documents (when they are available) can also be obtained free of charge from Ventoux upon written request at Ventoux CCM Acquisition Corp., 1 East Putnam Avenue, Floor 4, Greenwich, CT 06830. Besides this work activity, two lanes of two-way travel has been restored ahead of schedule in the Bella Terra driveway. The average startup value when the investment from Cleveland Avenue is 500 millions - 1 billion dollars. Beyond Meat Closes Latest Fundraising Round Led by Don Thompson and Cleveland Avenue, LLC Investment Firm, http://www.iptv.org/mtom/story/28973/beyond-meat-closes-latest-fundraising-round-led-don-thompson-and-cleveland-avenue, Beyond Meat raises $55 million from Cleveland Avenue and Tyson Foods to triple production | Nuu, http://biofuelsdigest.com/nuudigest/2017/12/13/beyond-meat-raises-55-million-from-cleveland-avenue-and-tyson-foods-to-triple-production/, Drink Maple Pulls in $3.9 Million in New Funding Round - BevNET.com, https://www.bevnet.com/news/2017/drinkmaple-works-close-new-funding-round, Former McDonald's CEO, Don Thompson, Launches Venture Capital Group Named Cleveland Avenue, https://www.blackentrepreneur.com/former-mcdonalds-ceo-don-thompson-launches-venture-capital-group-named-cleveland-avenue/, Former McDonalds CEO Is Launching a Food-Focused VC Firm, https://www.americaninno.com/chicago/former-mcdonalds-ceo-is-launching-a-food-focused-vc-firm/. The restoration efforts are part of a new underground utility improvements project for Lee County. Then install the water main on the south side of Crystal Drive from Plantation Road to US 41 to tie into a connection point on the east side of US 41 just south of Crystal Drive. Gladiolus Drive from A + W Bulb Road to Bass Road; Bass Road from Gladiolus Road to Park Royal Drive (Permit ROW2022-00230): Pike Electric will be working on the overhead power lines. Cleveland Avenue Food and Beverage Fund I General Information. 12, or email at neil@andrewsitework.com. Then continue east to Austin Street and west under US 41 to the north side of Brantley Road and tie into a connection point between Pine Grove and Brantley Pines driveways. That same guidance has also inspired the formation of M7 Holdings, a family investment office that brings together Manna's work in private equity, venture capital and real estate development plus a charitable foundation that's in the works under one . The projected start date is February 9, 2023. Among Dom's investors is Cleveland Avenue, the venture firm started by former McDonald's CEO . For further information on MOT, related inquiries please contact Sam Bell at 239-240-9410, sambell@awptraffic.com. Cleveland Avenue; Cleveland Avenue (investor - Venture Capital) clevelandavenue.com . Summerlin Road from Bass Road to John Morris Rd (ROW2022-00185): Andrew Sitework LLC will be performing sidewalk replacement, landscaping, Grading and sodding, and irrigation improvements along Summerlin Road from Just east of Bass Road going West to John Morris Road. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Founded in 2015, Cleveland Avenue is a venture capital firm based in Chicago, Illinois. Informed by deep industry intelligence, we bring insight and discipline to streamline and accelerate businesses. All information set forth herein speaks only as of the date hereof in the case of information about Ventoux and Presto or the date of such information in the case of information from persons other than Ventoux and Presto, and we disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this communication. Area Wide Protective will be providing MOT services. Their latest acquisition was PizzaRev on May 22, 2017. , New York), and Somrus (a line of Indian flavoured liqueurs). Please use caution and drive with courtesy and patience throughout the project area. The projected end date is May 12, 2023. For further information, please contact Brian Williams with Pike at 239-225-8037 bwilliams@pike.com. Crews are expected to work 7:00 AM to 7:00 PM This project is expected to be completed in summer 2023. The projected start date is September 19, 2022. 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. 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. Cleveland Avenue Investor Profile: Portfolio & Exits | PitchBook Iona Road from John Morris Road to Tahitian Drive (ROW2022-00937): Pike Electric will be working on the overhead power lines. All rights reserved. This communication is for informational purposes only and is not intended to and shall not constitute a proxy statement or the solicitation of a proxy, consent or authorization with respect to any securities in respect of the proposed business combination and shall not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Crews will be installing light poles along the north and south side the road as well as landscaping and irrigation improvements in the median. By Staff | Feb 23, 2023 You are cautioned not to place undue reliance on forward-looking statements as a predictor of future performance as projected financial information and other information are based on estimates and assumptions that are inherently subject to various significant risks, uncertainties and other factors, many of which are beyond our control. Asphalt pavement sampling will be performed. ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. 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. Its shares of common stock, units, warrants and rights trade under the ticker symbols VTAQ, VTAQU, VTAQW, and VTAQR respectively. This project should be complete by the end of February. investor@presto.com, Brock Strasbourger Cleveland Avenue - Crunchbase Investor Profile & Investments 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. Ryan Gardella & Michael Bowen Cleveland Avenue makes the information and materials available on this website and all other electronic media for informational purposes only. Area Wide Protective will be providing MOT services. All rights reserved. CORKSCREW ROAD (ROW2021-00003): Mastec will be working on the power line along the east bound lane of Corkscrew Road, approximately 100 ft east of Three Oaks Parkway, and will require an eastbound lane closure starting on Monday, January 30, 2023 and pole will be completed by Friday, February 10, 2023. Cleveland Avenue | LinkedIn Nalle Grade Road between Slater Road to Nalle Road RPU will be continuing with the installation of the Raw Water Main and Fiber Optics Conduit via directional drill from January 9, 2023 thru March 30, 2023. Oak View Road Widening (Buckingham Road) Fort Myers (ROW2022-01435): Southern Striping Solutions LLC will be performing roadway widening improvements beginning Tuesday, February 6, 2023, and continue through March 16, 2023. Gunnery Road Copyright 2023 CB Information Services, Inc. All rights reserved. to north on McArthur Blvd., west on E 2nd St to north on Country Club Pkwy to Joel Blvd. Additional work includes installing drainage structures, pedestrian signals, upgrading signals and lighting, and resurfacing existing highway. CAST US Press Release - Cleveland Avenue station ILGIF has been at the forefront of increasing equity, diversity, and inclusion within the venture capital ecosystem with 40 percent of its committed capital invested with venture capital firms led by women and people of color. MOTORISTS ARE REMINDED TO OBEY THE POSTED SPEED LIMIT.