Economic Development

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YBI Opens Applications for WE, Minority Business Classes

January 12, 2018
YBI minority business

YOUNGSTOWN, Ohio – The Youngstown Business Incubator’s inaugural classes for its Women in Entrepreneurship and Minority Business Assistance Center programs are now open to the public, the YBI announced Thursday.

The WE Create and the MBAC Create programs are five-week courses designed toward helping women and minority entrepreneurs in the early stages of developing their businesses.

The WE Create is the first phase of the WE Accelerator program, which is directed toward women who are at the beginning stages of entrepreneurship and have yet to create a business plan. The WE Create program will also award a $500 grant to the individual who presents the best business canvas model.

Classes for the WE program will be held at the YBI’s offices at 241 W. Federal St. in downtown Youngstown on Wednesday evenings from 5:45 to 7:45 p.m. beginning March 14. The program is open to any woman interested in being an entrepreneur.

The deadline to apply for the first classes is Feb. 15. Those interested can apply at YBI.org/we-create/.

The Minority Business Assistance Center Create program is a five-week course featuring workshops and educational sessions to help MBAC clients who are ready to enter the world of entrepreneurship, but need help developing an idea. The program presents an opportunity for the business to access free technical training that will help with startup operations.

The program is open to any African American, Hispanic American, Native American, Asian American, or any economically or socially disadvantaged individuals in Ashtabula, Trumbull, Mahoning, Columbiana, Jefferson, Belmont, or Monroe counties.

The deadline to apply for MBAC Create is Jan. 25, and anyone interested in the program should apply at YBI.org/mbac-create-application/.

MBAC Create classes will meet on Wednesday evenings at the YBI’s offices downtown between 5:30 p.m. to 7:30 p.m. and are scheduled to begin Feb. 7.

At the end of the Create stage, participants in both programs should be ready to start their business plan, assess whether they are prepared to become and entrepreneur, whether their business idea is viable, and have a complete business model canvas to guide them to the next level of entrepreneurship.

Space is limited for both programs so acceptance is based on a first come, first serve basis. Once the applications are reviewed, an email will be sent to confirm acceptance along with program guidelines.

Published by The Business Journal, Youngstown, Ohio.