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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.
JIM COSSLER ANNOUNCES OFFICIAL RETIREMENT FROM YOUNGSTOWN BUSINESS INCUBATOR
YOUNGSTOWN, OH: Jim Cossler, former CEO now Huntington National Bank Entrepreneur in Residence at the Youngstown Business Incubator has announced his retirement, effective January 2021. Jim’s history with the incubator dates back over two decades. Cossler first joined the Incubator in 1998 in the role of CEO after leaving the Youngstown Warren Regional Chamber of…
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 MoreAccupoint Software Graduates from Digital Incubation Program
Youngstown, OH — The Youngstown Business Incubator is pleased to announce the graduation of Accupoint Software from their Digital Incubation program. Accupoint, founded in Youngstown in 2007, is a global provider of innovative compliance management systems to the oil and gas industry. Accupoint’s integrated solution family expands operational awareness, improves efficiency and helps manage today’s…
Read MoreYBI Expands Free Commercialization Service Offerings
On June 26, 2017, the Youngstown Business Incubator was awarded a grant from Burton D. Morgan Foundation for the development of a commercialization program for additive manufacturing technologies. Through a partnership with America Makes and Team NEO, outreach was conducted to downselect potential assets for commercialization. Once assets were identified, they were put through a 3 phase program; America Makes Commercialization Tool, a…
Read More4 Students Complete YBI & Burton D. Morgan Foundation Commercialization Internship
On June 26, 2017, the Youngstown Business Incubator was awarded a grant from Burton D. Morgan Foundation for the development of a commercialization program for additive manufacturing technologies. Through a partnership with America Makes and Team NEO, outreach was conducted to downselect potential assets for commercialization. Once assets were identified, they were put through a 3 phase program;…
Read MoreWE Grow Graduates 9 Women Looking for Growth Opportunities
On Tuesday, September 25th, the Youngstown Business Incubator’s (YBI) Women in Entrepreneurship Program completed its first 4-week WE Grow class, held at the Youngstown Public Library. WE Grow is designed for women entrepreneurs that are eager to take their business to the next level. Through the 4-week program, participants attend lectures and complete coursework pertaining…
Read MoreGene Groys on Angel Investing
Here at the YBI we surround ourselves with the best, the brightest, and arguably some of the busiest. Gene Groys, one of our Entrepreneurs in Residence, represented the YBI on Friday as he participated in a panel discussion on Angel Investing, hosted by Dan Hampu of The Bit Factory, and again today, Gene is participating…
Read MoreCutting edge 3D Printing
Strangpresse LLC, a Youngstown Business Incubator Portfolio Company, is proud to be part of the NIAR (National Institute for Aviation Research) at Wichita State University. Strangpresse Models 19 & 30 polymer pellet-fed extruder heads are both part of the Research Center. The Model 30 is mounted on a large robotic arm and gantry crane structure,…
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