Economic Development

City Tax Incentive Council Approves New Schedule

YOUNGSTOWN, Ohio – The city’s Tax Incentive Review Council this morning agreed to hold quarterly meetings in order to better monitor how well companies that receive tax abatements are complying with hiring and investment targets. Under the new structure, the council will meet in January, April, July and October instead of once annually, said Jonathan […]

Chamber Touts Grant to Cleanup Abandoned Gas Station

COLUMBUS, Ohio — The State of Ohio Controlling Board, at its meeting Monday, approved a Fast Track Abandoned Gas Station Grant of up to $100,000 to fund the cleanup of an abandoned gas station site on South State Street in Girard. The former McQuaids station, which has been vacant for several years, was acquired by […]

Startups Invited to Share Office Space on Elm Street

YOUNGSTOWN, Ohio — The menu of resources at the Common Wealth Kitchen Incubator now includes shared-use office space for any entrepreneur, freelancer, or home-office professional in need of a workplace. “It seemed like people were using the kitchen for office space. We had a lady who would sit with her computer on her lap and […]

‘Power of 32’ Loan Fund Seeks Development Projects

YOUNGSTOWN, Ohio – The Power of 32 Site Development Fund has funded four projects in the four states where it operates – but none yet in any of the five counties in Ohio that are part of it. “The issue we’re trying to solve is a lack of prepared, pad-ready inventory,” said Dennis Yablonsky, chairman […]

New Truck Routes Solve Woes for Downtown Salem

SALEM, Ohio – Newly designated state routes for truck traffic are alleviating congestion in downtown Salem as they promote car and foot traffic to the businesses there. “If you go to the corner of Ellsworth and State Street and look at the big grooves in the telephone poles from the trucks, it shows how bad […]

YSU Gets $2M Grant for Commercialization Center

YOUNGSTOWN, Ohio — The U.S. Department of Economic Development has awarded a $2 million grant to Youngstown State University to help fund the creation of the Mahoning Valley Innovation and Commercialization Center in downtown Youngstown. The center, to be located in a building formerly owned by Mahoning County at the corner of Fifth Avenue and […]

YBI Forms Partnership with Israel’s Junction Accelerator

YOUNGSTOWN, Ohio – The Youngstown Business Incubator is working with two Israeli startups to help them gain a foothold in the U.S. market and anticipates many more collaborations through a formal partnership to be announced today. YBI is now part of The Junction, an Israel-based business accelerator. The Junction is affiliated with F2 Capital, a […]

Ohio River Development Conference Set for Nov. 8

EAST LIVERPOOL, Ohio – Ohio is seeing a resurgence of activity from Columbiana County to Washington County with the construction of the Shell petrochemical plant underway in Monaca, Pa. To that end, development organizations are hosting the Ohio River Corridor Development Conference 7:30 a.m. to 2 p.m. Nov. 8 at the East Liverpool Country Club. Discussion […]

Chamber Names Cafaro’s Enterprise Park for Amazon’s Consideration

YOUNGSTOWN, Ohio – The Youngstown Warren Regional Chamber says it has chosen the Cafaro Co.’s Enterprise Park at Eastwood site “as the preferred property to submit for consideration for Amazon’s second corporate headquarters.” In announcing the choice, the chamber said the site, 5555 Youngstown Warren Road in Niles, was selected “in partnership with the chairmen […]

City Incentive Council Delays Action on Abatements

YOUNGSTOWN, Ohio – The city’s Tax Incentive Review Council want to meet more often to monitor local companies’ progress in meeting the hiring goals outlined in their tax abatement agreements and to discuss ways to help them meet those goals. Much of the discussion Thursday at the annual meeting of the council centered on whether […]


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