The agency will run the state's minority business program in the Valley.
By DAVID SKOLNICK
CITY HALL REPORTER
YOUNGSTOWN -- The executive director of the Youngstown Area Development Corp. is among 19 in the state to be certified as an administrator for a new program in Ohio to assist minority entrepreneurs.
William Carter, YADC's executive director, said the program, called FastTrac, will enhance the work done by the agency to help increase minority-owned businesses in Mahoning and Trumbull counties.
The program provides training with a specific focus on business insights, leadership skills and professional network connections to prepare minorities to create a business or expand a current one.
Also, YADC was selected again by the Ohio Department of Development to run the state's minority contractors business assistance program for the two counties.
YADC has had the contract for more than 20 years, and was among three agencies seeking the state contract for Mahoning and Trumbull.
The state is giving 104,056 to YADC to have the agency offer programs and services to minority businesses with funding and assistance related to start-up, growth and expansion efforts. The money is also used to provide business training to businesses owned by women and the disabled, Carter said.
The services are provided free to YADC clients, said James Glenn, the agency's executive director.
The private, nonprofit corporation was created in 1968 to improve the economic and social status of Mahoning Valley people, Glenn said.
The agency has assisted in securing more than 20 million in assistance for clients with businesses in the two counties, and provided business counseling to more than 3,000 minority clients.
Those interested in receiving services from the agency should call it at (330) 746-5681.