YSU Gets $500K for Young Entrepreneurs Program

YOUNGSTOWN, Ohio – Legislation approved by the Ohio General Assembly will provide $500,000 for Youngstown State University’s Young Entrepreneurs Program.

The YSU program, in collaboration with the Youngstown and Warren City Schools, teaches middle and high school students about entrepreneurship. Students learn the fundamentals of starting and running a small business, how to develop a business plan, and the overall importance of setting goals, hard work and perseverance.

The program also seeks to encourage young entrepreneurs, particularly students of color and those who are economically disadvantaged, to pursue education beyond the high school level by fostering personal relationships between the students and YSU’s business school community.

The allocation was included in financial literacy legislation that now goes to Gov. John Kasich for his signature, according to a news release rom state Sen. Minority Leader Joe Schiavoni and state Rep. Michele Lepore-Hagan.

“I am very pleased to see the state continuing to make major investments in Youngstown State University and our community as a whole,” said Schiavoni, D-33 Boardman. “This appropriation will further expand a successful program that teaches our middle school students the fundamentals of starting and operating a small business.”

“It has been a pleasure to work with our Mahoning Valley delegation to secure the $16 million in capital appropriations for our community and now an additional $500,000 for YSU’s Young Entrepreneurs Program,” added Lepore-Hagan, D-58 Youngstown. “This program will help give young adults who wish to build their own small business the tools and resources to pursue their dreams.”

Copyright 2022 The Business Journal, Youngstown, Ohio.