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Youngstown Business Incubator
Youngstown Business Incubator helps accelerate emerging businesses by providing an array of critical development resources including facilities, equipment, entrepreneurial counseling and networking opportunities. YBI is committed specifically to information technology and business to business (B2B) software development. Its clients have developed applications for audience response, retail point-of-sale, inventory management, commercial landscaping, healthcare and charge capture, advanced manufacturing, data security, and environmental/alternative energy uses.
YBI helps technology entrepreneurs by:
Assisting with the commercialization process
Counseling them on marketing strategies
Identifying funding resources
Facilitating networking opportunities
Providing access to physical infrastructure
Seeking out collaborative opportunities
YBI’s InspireLabs are companies in the ideation stage, just developing their concepts and trying to figure out whether there’s a market. Once in the beta stage, companies can move to a more permanent space. For physical tenants, YBI provides fully furnished office space with flexible terms ranging from a "free" rent period to modest lease rates. YBI also has three conference rooms for training and meeting needs and a software testing laboratory.
YBI has developed a Managed Cluster, a community of client companies that support each other through the trials, tribulations and success of growing a company by sharing experiences, resources and problem solving tips. These entrepreneurs have likely seen and done it all, and their collective wisdom is invaluable to fledging startups.
In cooperation with partners in the JumpStart Entrepreneurial Network, YBI also offer services to off-site companies operating anywhere throughout Northeast Ohio.
“A truly unique service that the Youngstown Business Incubator provides to entrepreneurs is helping them move from an assumptive market, where they think that they know their product capabilities are and what the price point would be, to an actual, confirmed market.”
–Barb Ewing, Chief Operations Officer