Business technical assistance

Ended Project Grant Awarded Last action

Award ID
ARC24C21913
Recipient
Awarding agency
Obligated
$3,494,000

Award facts

Assistance listing
23.002 Appalachian Area Development
Completion date
Funding
  • $1,795,000.00 Federal
  • $1,699,000.00 Non-federal
Place of performance
Ohio, USA

Award details come from USAspending.gov.

About this award

The Appalachian Regional Commission (ARC) awarded a $3,494,000 Project Grant under the Appalachian Area Development program (CFDA 23.002) to Youngstown Edison Incubator Corp, doing business as Youngstown Business Incubator (YBI), with a performance period from October 1, 2024 to September 30, 2026.

The grant will fund YBI's efforts to stimulate entrepreneurship and economic development in the Appalachian region through its comprehensive business incubator services. This includes providing co-working spaces, training programs, and mentoring initiatives to support new business ventures and foster innovation in the Youngstown, Ohio area. The grant builds on YBI's prior success in securing multiple federal awards to advance economic growth and development initiatives across the Appalachian region.

Quick answers

Who received award ARC24C21913?

ARC24C21913 was awarded to Youngstown Edison Incubator Corp by Appalachian Regional Commission on October 1, 2024.

How much is award ARC24C21913 worth?

$3,494,000 has been obligated on ARC24C21913: $1,795,000 in federal funding and $1,699,000 in non-federal funding.

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