Business incubator
Ended Project Grant Awarded Last action
- Award ID
- ARC23C21494
- Recipient
-
Youngstown Edison Incubator Corp UEI E38PN6F4AVU3
- Awarding agency
- Appalachian Regional Commission
- Obligated
- $248,615
Award facts
- Assistance listing
- 23.002 Appalachian Area Development
- Completion date
- Funding
-
- $120,300.00 Federal
- $128,315.00 Non-federal
- Place of performance
- Ohio, USA
Award details come from USAspending.gov.
About this award
The Appalachian Regional Commission (ARC) awarded a $248,615 Project Grant to Youngstown Edison Incubator Corp, doing business as Youngstown Business Incubator (YBI), under the Appalachian Area Development program (CFDA 23.002). This grant will fund YBI's operation of a business incubator in Youngstown, Ohio that provides co-working space, training programs, mentoring, and other initiatives to support new business ventures and stimulate entrepreneurship and economic development in the region. YBI has received multiple federal grants from agencies like the Small Business Administration and Economic Development Administration to deliver these business incubation services and entrepreneurial support initiatives. The October 1, 2023 grant award has a target completion date of November 30, 2024.
Quick answers
Who received award ARC23C21494?
ARC23C21494 was awarded to Youngstown Edison Incubator Corp by Appalachian Regional Commission on October 1, 2023.
How much is award ARC23C21494 worth?
$248,615 has been obligated on ARC23C21494: $120,300 in federal funding and $128,315 in non-federal funding.
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