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Bad Girl Ventures helps launch 10 new NEO companies

12:37 AM, Jan 6, 2012   |    comments
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CLEVELAND -- In a time when entrepreneurs are struggling, several new small businesses were launched tonight, and an Ohio non-profit is to thank for creating new opportunities for jobs.

Kimberly McCune Gibson's culinary creations launched some of Cleveland's most popular restaurants, like Moxie and Red.

While accomplished in the kitchen, business was another story.

"No one wants to finance a restaurant right now, and I can't say I blame them. Times are hard, restaurants are turning over," she said. 

Kimberly took on a challenge, opening a catering company Hungry Bee and brewing her own ReHive Ale. She did it with the help of Bad Girl Ventures, a non profit that teaches women how to launch their business and provides them with low interest loans.

"I never had time before. So bad girl ventures allowed me that time, every wednesday to sit down and get my business plan done, fill out my SBA loans," says McCune Gibson.

Founder Candace Klein had 70 applicants and chose 10.

"Everyone from a beer company called Hops Drops that provides flavoring that goes inside your beer to The Decorative Shutter Company that has decorative shutter covers," says Klein.

Originating in Cincinnati, Bad Girl Ventures has educated around 400 entrepreneurs and helped launch 46 companies across Ohio. Those 46 companies alone have created 156 jobs and provided $70,000 in funding.

WKYC-TV

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