COLUMBUS- Today, Senator Schiavoni (D-Boardman) issued the following statement following the Ohio Controlling Board’s release of $450,000 to the Youngtown Edison Business Incubator under the Third Frontier Program:
 
“I am thrilled to see the Controlling Board’s approval today of $450,000 in Third Frontier dollars for the Youngstown Business Incubator. 
 
“Since its establishment almost twenty years ago, the Incubator has proven to be a huge asset to the Mahoning Valley in assisting innovative new companies with the tools essential for growth.  Through the Incubator, Youngstown has been put on the map for information technology and additive manufacturing.   As a result, today we are in a great position to attract and compete for new businesses from across the globe.
 
“The Incubator is a great investment of state dollars, and I look forward to continuing to see big things happen through the Incubator to help create jobs and bring economic vitality to our area.”  

The dollars allocated by the Ohio Controlling Board will be invested directly in assistance for the Incubator’s portfolio companies in need of office space, counseling and other support.  

 
 
 
  
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