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Growing your Business: Creating Economies of Scale
What are Economies of scale? Economies of scale are cost advantages reaped by companies when production becomes efficient. Achieving economies of scale means increasing production and lowering costs. The costs are spread over a larger number of products or services, which lowers the price for consumers. Economies of scale can be both internal…
Read MoreKeep The Momentum Going After Black Business Month
Black Business Month is a time to celebrate the successes of black-owned businesses, together we can economically empower our community and reinvest our dollars into building businesses. As black business month comes to a close here are a couple things to keep in mind: What is black business month? Black business month is…
Read MoreYOUNGSTOWN STARTUP AIMS TO CHANGE THE WAY CONSUMERS SHOP
Four The Greater Good is taking on the responsibility for how their products are being made YOUNGSTOWN, Ohio – Jessica Boccio had tried everything on the market for her two young children (then ages 2 and 4) who were both suffering from eczema at the time. After numerous doctor visits and several steroid creams later,…
Read More4 Challenges Women in Entrepreneurship Face and How to Overcome Them
On average, women-owned companies grow by 84% compared to men-owned companies, growing by 78% since launching. Yet, men still account for the vast majority of business owners. Many women are choosing to make their own paths in today’s competitive business environment. Progress has been made but inequality still exists, with women of color having to…
Read MoreNot Everyone is College Bound and THAT’S OK.
The “college for all” message seems to be doing more harm than good. Far too many students from all demographics are making choices that result in failure. The narrative of graduating high school, attending a four-year university and accepting a well-paying job right after is not a reality for most Americans anymore. College graduates…
Read MoreCOVID-19 Business Resources – 1st Edition
The Youngstown Business Incubator has compiled a list of resources to help you keep up to date on COVID-19 resources. These links should provide you up to date information as things are changing rapidly. At this time, Ohio is not listed on the SBA Disaster site, however when that gets updated, please follow the link…
Read MoreThe Trip of Impact – A Reflection from Barb Ewing
The experience of going to Montgomery, Alabama and the National Memorial for Peace and Justice was a watershed event for the Youngstown Business Incubator. The fact that we were there just days before the anniversary of Dr. Martin Luther King’s “I Have A Dream” speech made the entire experience event more impactful for us. The…
Read MoreGuest Blog: Why employee motivation should be your first concern!
Employee Motivation Motivation as a term is derived from the Latin word “movere” which means movement. It relates to the factor that affects someone’s behavior. Employee motivation is seen as the level of commitment, energy, and creativity that an employee brings to the organization or job. All these are related to the question on what…
Read MoreYBI In the News
Following are prominent mentions of YBI and our portfolio companies in the news media.
YBI ANNOUNCES COMPANIES PITCHING AT 3RD ANNUAL ‘SHARK TANK’ EVENT
5 COMPANIES SELECTED TO PITCH THEIR IDEAS YOUNGSTOWN, Ohio -The Youngstown Business Incubator has announced the five companies pitching at 2022 Shark Tank. They are Aura Beauty, a beauty company that uses AI and AR technology to deliver perfect-fit, reusable manicures to its member’s every month; YOGO Bikeshare, the first ever micro-mobility platform in the…
Read MoreYBI OFFERS NEW PROGRAM AIMED AT CONNECTING SMALL BUSINESSES WITH ANCHOR INSTITUTIONS
YBI Expands Services to Warren with New Supply Chain Diversity Director WARREN, Ohio – The Youngstown Business Incubator has expanded their services to include a program aimed at supplier diversification. The goal of the program is to engage with the region’s anchor institutions, (e.g. hospitals, universities, government, industry) to diversify their supply chains to spur…
Read MoreYBI ACQUIRES REVOLUTIONARY TECHNOLOGY FOR ADDITIVE MANUFACTURING CLUSTER IN OHIO
Myra Benedikt, Youngstown Area Jewish Foundation past board president; Lisa Long, financial resource development director with the Youngtown Area Jewish Foundation; Dror Danai, Xjet CBO; Barb Ewing, CEO of the Youngstown Business Incubator; James Dascenzo, YBI executive committee chairperson; Yair Alcobi, Xjet CEO; YSU President Jim Tressel; John Wilczynski, executive director of America Makes; and…
Read MoreYBI’S LAKE TO RIVER SMALL BUSINESS SUCCESS (L2RSBS) PROGRAM LAUNCHES IN ASHTABULA COUNTY
YBI ANNOUNCES NEW BUSINESS PROGRAM COORDINATOR TO ASSIST EMERGING AND SMALL BUSINESS DEVELOPMENT IN ASHTABULA COUNTY Ashtabula, OH- YBI is expanding their services to Ashtabula County with the addition of a new Business Program Coordinator, Ginny Pasha, who will work directly with entrepreneurs to support small business development in the eastern corridor of Ohio through…
Read MoreYOUNGSTOWN STARTUP AIMS TO CHANGE THE WAY CONSUMERS SHOP
Four The Greater Good is taking on the responsibility for how their products are being made YOUNGSTOWN, Ohio – Jessica Boccio had tried everything on the market for her two young children (then ages 2 and 4) who were both suffering from eczema at the time. After numerous doctor visits and several steroid creams later,…
Read MoreAPPLICATIONS NOW OPEN FOR YBI ‘SHARK TANK’ EVENT
APPLICATIONS NOW OPEN FOR YBI ‘SHARK TANK’ EVENT YOUNGSTOWN, Ohio – Local and regional entrepreneurs will have a chance to earn prize money to fund their business ideas at the 3rd Annual “Shark Tank” pitch competition and fundraising event hosted by the Youngstown Business Incubator and sponsored by Leonard J. Fisher Family, Vince & Phyllis…
Read MoreYBI ANNOUNCES 6 ‘SHARKS’ FOR SHARK TANK EVENT
YBI ANNOUNCES 6 ‘SHARKS’ FOR SHARK TANK EVENT YOUNGSTOWN, Ohio – The Youngstown Business Incubator announced the six “sharks” that will serve on the panel at the 3rd Annual Shark Tank Event October 6 at Mr. Anthony’s Banquet Center: Ray Mancini, Entrepreneur and Boxing Legend, Ellen Tressel, Philanthropist, Herb Washington, CEO/Founder of HLW Fast Track…
Read MoreYOUNGSTOWN BUSINESS INCUBATOR ANNOUNCES DEFENSE INNOVATION HUB WITH SUPPORT FROM U.S. REPRESENTATIVE TIM RYAN
ACME General Corp. establishes technology development center at YBI Youngstown, OH – Youngstown Business Incubator (YBI) is announcing that the City of Youngstown, with the support of U.S. Representative Tim Ryan, is welcoming defense innovation firm ACME General Corp. to work on next-generation software platforms and tools in support of development of next-generation national security…
Read MoreYBI’s WE Launch Graduates 4 from Virtual Accelerator
YOUNGSTOWN, OH: On Wednesday, August 19, 2020, the Youngstown Business Incuabtor’s Women in Entrepreneurship Program held its pitch event for its staple accelerator program, WE Launch. WE Launch is a 9 week program designed for women entrepreneurs to launch their business to the next level. Amidst the COVID-19 pandemic, the program looked a little different…
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