www.ybi.org

the Frequently Asked Questions section is especially well done, for those looking to understand what the YBI is all about. (link here for FAQs)
dedicated to the city of youngstown and those who strive to create it
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a forum on economic development and urban design in the city


"The new center will be led by Allen Hunter, professor of Chemistry at YSU, and a team from the university’s Science, Technology, Engineering and Mathematics, or STEM, College.- - -
Hunter said earmarks such as the $1.6 million procured through Ryan’s office are vital to changing the role of the university and furthering new research and development projects. He credits the congressman for understanding the importance of local universities and the impact they can have on economic development.
“Federal dollars supporting research and development have increased ten times” compared to what they were a decade ago, Hunter noted.
Martin Abraham, dean of the STEM College, said a primary reason why the university is able to land funding for these important projects is because YSU has found a way to share ideas and information with various departments in science and technology, and establish partnerships with local businesses.
“A few years ago, this would never have happened,” Abraham said. But combining the science, technology, mathematics, and engineering departments into a single college under the direction of one dean enables the university to draw from a variety of intellectual resources.
The Metrology Center is an outstanding example of what collective action can accomplish, Abraham said. “As manufacturing becomes increasingly more complex, it is ever more important that we can measure parts and design tools accurate to the nanometer scale,” he said. “Now, with everyone working together, we’ll be looking for ways to work with companies such as M7 and Zethus.”
He also noted the college is examining the potential of starting Ph.D programs in material sciences and engineering."

"There is good economic news, and it comes from Youngstown, Ohio.And by 11:30am, just hours after the story aired, inquiries about the YBI and its companies came via email from Nashville, Boston, New York City, Minneapolis, Chicago, Naples, St. Petersburg, Ann Arbor, Seattle, Houston, San Diego, San Jose, Detroit, Lexington, Charlotte, Denver, Portland, and Baton Rouge.
Part of the city is seeing a renaissance due to high-tech startups housed at what's called the Youngstown Business Incubator."
at many other incubators, after a few years, you leave or graduate and are on your own - apart from your contemporaries2 - YBI is primarily (not exclusively) focused on a particular technology: business to business software
at many other incubators, the businesses cover many areas, lacking focus and inefficiently using resources3 - YBI is adjacent to learning institutions/beta testing sites/hospitals in a central business district
at many other incubators, the structure is a spec building in the middle of nowhere, no "knowledge spillovers" to use a term in the biz4 - YBI is an urban laboratory for both technological and civic innovation, and will be implementing some very unique programs in the near future.
at many other incubators, low rent is the only main benefit offered to companies




"Our Ohio Hubs of Innovation and Opportunity program will leverage our regional strengths to facilitate and catalyze the creation of at least 12 regionally designated places where knowledge and place-based assets intersect; places where innovation will flourish and places where opportunity will be generated. We will offer targeted resources to renew physical space and foster new business investment in each OHIO Hub."So what might these OHIO Hubs look like?
Each zone is area contiguous to an institution of higher education, linked to other economic development partners/organizations such as private businesses, business support organizations, commercial lending institutions, venture capital companies, angel investor networks or foundations.so while according to the report, the OHIO Hubs won't be operational until two to four years from now, what can Youngstown do to prepare?
Innovation Grants are provided to institutions of higher education to facilitate technology transfer, including patent filings, licensing, intellectual property, royalty agreements and other designated resource needs. Grants may not exceed $250,000 per year and the program is supported for three fiscal years.
Planning Grants provide seed funding to KIZ Partnerships that may not meet the criteria for Zone certification, but would benefit from additional planning and development of their application. Generally awards are $25,000 to support a follow on full KIZ application.
Operations Grants support each Zone's Coordinator for administrative costs incurred in establishing and implementing the keystone innovation zone. Grants will not exceed $250,000 and will be reduced in subsequent years by 25%, 50%, and finally 75%.
Tax Credits can be offered to a KIZ company (as designated) to claim a credit equal to 50% of the increase in the KIZ company’s gross revenues. The credit will not exceed $100,000 annually.
"...one goal is for Ohio to achieve job growth at a rate 25% above any of its neighboring states. Those would include Michigan, Indiana, Kentucky, West Virginia and well, you know. In fact the lead measures (see page 6) are all defined by just doing better than those other 4 states and Pennsylvania.
Should those really be the goals for any state? I suppose Ohio could achieve that if things just went to hell in a handbasket in those bordering states, Pennsylvania included. Would that really be success? Not exactly a mega-regional view of economic development in that."

Visits to Youngstown by officials with PolicyLink inspired the national public policy organization to conduct the study, said Radhika Fox, its associate director who wrote the report.more to come . . .
“The image of Youngstown is steel mills that are closed, nothing is going on and it’s a dying economy,” she said. “But when I was there, I saw a lot of exciting work happening. We were inspired by what we saw in Youngstown.”
