Presser set for two successful business programs

The U.S. Small Business Administration, the city of Youngstown and the Ohio Small Business Development Center at Youngstown State University will conduct a press conference 3 p.m. Tuesday, April 24 to reintroduce two successful programs – the Youngstown Economic Revitalization Initiative and the SBA Emerging 200 program.

The press conference will be in the atrium of Williamson Hall on the YSU campus. The press conference will include remarks from Youngstown Mayor Charles P. Sammarone and City of Youngstown officials; Betty Jo Licata, dean of the YSU Williamson College of Business Administration; and SBA District Director Gil Goldberg.

The Youngstown Economic Revitalization Initiative combines SBA loan guarantees with additional resources offered by the city of Youngstown, creating growth opportunities for businesses in the city. It is designed to attract and keep small businesses in Youngstown by providing greater access to capital and government contracting opportunities for entrepreneurs wanting to start, grow, or maintain their business.

The goal of the SBA 200 Emerging Leaders program is to identify businesses that show a high potential for growth – and to provide them the network, resources and motivation required to build a sustainable business of size and scale. The SBA Emerging 200 initiative will enable the participating small businesses to engage in an intensive curriculum focused on developing a winning, expansion strategy for their business, including options for capital access and contracting.