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Economic Development
SBA Adds Online LINC to Aid Small-Business Borrowers
Friday, February 13, 2015
WASHINGTON -- A new tool available on the U.S. Small Business Administration’s website will help link entrepreneurs looking for a small-business loan to get matched with an SBA lender.
The tool, called LINC (for Leveraging Information and Networks to access Capital), allows small-business owners to fill out a simple online form of 20 questions and connect them with potential lenders within 48 hours, SBA announced in a news release Tuesday.
Urban Office Space Tenants Show Off Downtown Suites
Friday, February 13, 2015
YOUNGSTOWN, Ohio -- With plenty of room left in NYO Property Group's Urban Office Space, the companies leasing space put on an open house, showing off the suites to 50 interested groups and companies.
“I was very impressed. It's a really good space and the rent is low,” says IM Image Marketing CEO Mike Tarantino.
While IM isn't looking to expand their offices, Tarantino says the Urban Office Space is something he'd consider recommending to clients.
“It's a great space if you need to start up or just meet a client,” he says. “If we needed the space, we'd consider this.”
WRPA Awaits Word on DOT's Response to ADI
Wednesday, February 11, 2015
VIENNA TOWNSHIP, Ohio -- Western Reserve Port Authority officials are awaiting word on whether Aerodynamics Inc. will be permitted to provide daily passenger service from the Youngstown-Warren Regional Airport.
Tomorrow is the deadline for the U.S. Department of Transportation to respond to ADI’s response, filed last Thursday, to the department’s show cause order that not only denied permission for the company to provide service to Chicago O’Hare International Airport but also questioned its fitness to operate its current service elsewhere.
Chamber Provides Insights on Site Selection Process
Wednesday, February 11, 2015
YOUNGSTOWN, Ohio -- The World War II era admonition “Loose lips sink ships” conveys the top reason communities lose out on economic development projects, says the Youngtown Warren Regional Chamber's Sarah Boyarko.
“The lack of confidentiality is just a project killer,” Boyarko, vice president of economic development, North America, for the chamber, said Tuesday.
SBA Report Documents Dominance of Small Firms
Monday, February 09, 2015
YOUNGSTOWN, Ohio -- There are nearly 28.5 million small businesses operating in the United States and of that total, 926,977 are operating in Ohio, 999,591 in Pennsylvania.
The numbers come from the U.S. Small Business Administration’s Office of Advocacy, which has released reams of data showing half of the nation’s private workforce is employed by companies with fewer than 500 employees.