Global Center for Health Innovation management company under investigation

Andrea Park - Print  | 

BioEnterprise, which managed the Cleveland-based Global Center for Health Innovation until earlier this month, has been named in a subpoena for records relating to the center's expenses, local news station WKYC reports.

The subpoena was issued in October to the Cuyahoga County Convention Facilities Development Corp., which released a copy of the document Nov. 19, per WKYC. It requests records related to reimbursements BioEnterprise sought from the corporation for its work with the innovation center.

The document requests, in part, records relating to a Venture Capital Association seminar in Pittsburgh in January 2018, including "travel expenses and records justifying why the seminar activity is connected to the work of the Global Center for Health Innovation."

In a statement released Nov. 20, BioEnterprise said it is cooperating with the subpoena, and that its Nov. 1 announcement allowing its contract with the CCCFDC and the innovation center to expire at year-end was not related to the investigation.

The nonprofit organization was tapped in October 2017 to lead the Global Center for Health Innovation's strategic plan, and to oversee the center's marketing, programming and tenant engagement activities. BioEnterprise subsequently established offices within the center, in which about 20 of the organization's employees were based; according to the Nov. 1 statement, under the expiration of its contract with the CCCFDC, the offices and employees will leave the center by the end of the year.

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