$1.35M ARC Grant Helps YBI to Achieve its Mission
YOUNGSTOWN, Ohio– A grant from the Appalachian Regional Commission will allow the Youngstown Business Incubator to meet demands for small business assistance. The $1.35 million awarded to the YBI will allow the hiring of at least two additional business counselors to support small-business development efforts in Trumbull, Mahoning, Columbiana, Ashtabula, Jefferson, Belmont and Monroe counties.
“It’s more than doubling our staff that works with traditional small businesses whether they’re woman, minority or veteran owned,” says YBI CEO Barb Ewing.
Ewing says the funds will also be used to develop a program to support supply chain diversification, tech-enable businesses with the help of students from Case Western Reserve and develop a program to help traditional manufacturers adopt additive manufacturing technology.
Copyright 2023 The Business Journal, Youngstown, Ohio.