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Our Speaker November 8, 2022
JESSICA SUBLETT, JD, LLM
Chief Operating Officer
Bounce Innovation Hub
Jessica Sublett is passionate about technology, innovation, and entrepreneurship and has dedicated her career to supporting entrepreneurs and economic development in Northeast Ohio. Her experience includes working in a Fortune 500 company, a university’s technology transfer office, and a city economic development initiative - which have all led to her current role at Bounce Innovation Hub.
As the Chief Operating Officer at Bounce, Jessica focuses her work on ensuring that the organization has the wherewithal to execute on its strategic plan. Jessica has led the organization’s efforts to secure nearly $9M in grant funds since 2018 to sustain the organization’s financial health and has led programming structure and team development to implement and execute on strategic initiatives. In her role, she oversees the daily operations of the organization, which includes financial forecasting and management; HR management; strategic plan execution and reporting; governance and compliance activities; programming oversight; facility management; and resource development. Recently, she oversaw the strategic planning process for the organization in the second half of 2020, which culminated in the organization’s first strategic plan.
As a licensed attorney in Ohio, Jessica uses her background in technology transfer and intellectual property law to help shape programming that supports the region’s innovative startups. Jessica is keenly focused on developing and building inclusive entrepreneurial ecosystems and works closely with other entrepreneurial support organizations to build partnerships that ensure that entrepreneurship is accessible to all of community members.
Ms. Sublett earned her J.D. and a Certificate in Intellectual Property from the University of Akron School of Law, her LL.M in Intellectual Property from the University of Akron School of Law, and her B.S. in Business Management from the University of Findlay. She held numerous leadership positions throughout her academic career including President of the Intellectual Property and Technology Law Association at the University of Akron School of Law, Vice President of the Student Bar Association at the University of Akron School of Law, Vice President of the Sports and Entertainment Law Society at the University of Akron School of Law, and President of the Student Chapter of the Society of Human Resource Management at the University of Findlay.
In May 2022, the Bounce Board of Directors announced the appointment of Jessica as the next Chief Executive Officer of Bounce, beginning January 1, 2023.
► All members in good standing are encouraged to participate in voting for leadership for the Akron Rotary Club, the Akron Rotary Foundation and the Akron Rotary Camp.
► Both the club and the foundation require board members to be members of the Akron Rotary Club in good standing.
►T he camp board of directors must include at least 51% of club members as their board members (currently 73% of the camp board are club members).
The election results will be ratified by the club at the Annual Meeting on December 6, 2022.
We must have at least 51% of our members in attendance (either virtually or in person) in order to vote so please put it on your calendar now to attend.
We will also be approving the bylaw revisions that were presented in March of this year.
Both of these votes will occur at the beginning of the meeting so even if you can only attend for a short period of time in order to vote, we ask that you please attend.
The Rotary Club of Akron, during our Tuesday, November 1st meeting, had the opportunity to listen to Jim Davis as he presented the history and current developments with the Summit County Lank Bank (SCLB). View the presentation by clicking here.
What is the Mission of the SCLB?
“The Summit County Land Reutilization Corporation will support neighborhood and community reinvestment and economic development efforts through the strategic acquisition, reclamation, rehabilitation and reutilization of property in Summit County to revitalize neighborhoods and communities, stabilize property values, reduce blight, return property to productive use, and improve the quality of life in our community.”
Why does Summit County have a Land Bank?
Land Banks were created through Federal legislation to tackle the mortgage foreclosure crisis during the economic recession in 2008. In Ohio, more than 100,000 abandoned and blighted homes existed.
2009 - Cuyahoga created the 1st Ohio land bank.
2012 – Summit County Land Bank was designated as agent for the county; more than 5000 abandoned and blighted properties in Summit County.
2018 – Between 2009 and 2022, 65 land banks have been established in Ohio.
Delinquent Taxes – 31% (5% of the delinquent tax collected is distributed to SCLB)
Grant Funding – 3%
What Programs are Available through the SCLB?
Welcome Home – Encourages home ownership by listing affordable residential properties for individuals and organizations to purchase.
Side Lot – Allows eligible property owners to acquire vacant land. If your house lies adjacent to a vacant lot, you may be qualified to expand your property.
Underground Storage Tank Removal – This program was created to rehabilitate properties that contain underground storage tanks. These tanks often contain hazardous chemicals that could cause environmental concerns and costly remediation.
Building for Business – Facilitates the acquisition of commercial and industrial properties. Eligible properties include those currently owned by the SCLB and properties that are vacant, abandoned, bighted, and certified tax-delinquent.
Matching Grants –
Supports projects that fulfill their mission to strengthen neighborhoods and communities.
Available to local governments, schools, and nonprofit organizations.
Grant funds are only available on a fifty percent (50%) match reimbursement basis, up to the maximum award amount per grant period.
Demolition –
Funding is available for the demolition of commercial and residential buildings and revitalization of surrounding properties on sites that are not brownfields.
What has been the impact of the SCLB to our Community?
Community Development –
$245,785 leveraged for residential investment
1,928 improved properties
24 communities served
Economic Development –
$17,8 million leveraged commercial investment
$7.2 million direct investment with local vendors
Financial Impact –
$17.3 million delinquent property tax extinguished
$16 million direct community investment
$74.9 million indirect community investment
The above figures are cumulative, as of December 31, 2018, and represent actual past program activity and actual, or estimated, funds leveraged as a portion of overall project costs for residential and commercial projects.
To learn more about the Summit County Land Bank and more in-depth explanations about each of their programs, check out their website at www.summitlandbank.org.
Rotary Camp is collecting ACME receipts! Help us earn 5% Community Cashback by shopping store brands in Acme Fresh Market. Save your receipts from August 4, 2022 until December 24, 2022.
Receipts can either be mailed to Camp (4460 Rex Lake Dr., Akron OH 44319), or be turned in at the weekly Rotary Meetings.
Thank you ACME for your continued support to the community!
JESSICA SUBLETT, JD, LLM
You should have received an email from Karen Hrdlicka on November 3, 2022 with your copy of the ballot. 
The Rotary Club of Akron, during our Tuesday, November 1st meeting, had the opportunity to listen to Jim Davis as he presented the history and current developments with the Summit County Lank Bank (SCLB). 
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