- Advertisement -
  • Most Commentedmost commented up
  • Most Emailedmost emailed up
  • Popularmost popular up
- Advertisement -

« News Home

The city board gives $173,150 to two businesses

Published: Fri, September 27, 2013 @ 12:00 a.m.

By David Skolnick



The city board of control approved $173,150 in grant money to assist two businesses — $100,000 to a software company at the downtown business incubator and $73,150 to a proposed high school for students with autism at the former Anthem building on Market Street.

The board OK’d the requests Thursday; they were made by the Youngstown Initiative Program committee.

The Learning Egg LLC at the Youngstown Business Incubator, 241 W. Federal St., is receiving $100,000 toward its $514,750 expansion plan.

The school-test-scoring software company is spending most of the money for software upgrades with small amounts for marketing, said Tom DeAngelo, the city’s economic development coordinator.

The company has four full-time workers and four part-timers. It plans to add 32 full-time employees over the next three years, DeAngelo said.

Also, Potential Development Program is remodeling the former Anthem Building at 2405 Market St. to create a high school for students with autism.

The city board agreed to give $73,150 toward the business’s $365,750 project.

The money is going toward reconstruction work, DeAngelo said.

Potential Development has 52 full-time workers and two part-timers at its two preschools and a kindergarten-8 school for children with autism.

The high school plans to add 30 full-time jobs over its first three years.


1ytownsteelman(680 comments)posted 2 years, 9 months ago

Where is this money coming from? Shouldn't public money be used for public projects such as fixing our woefully undermaintained roads instead of giving it to a company with 8 employees? This is crony capitalism local style!

Suggest removal:

2lovethiscity(169 comments)posted 2 years, 9 months ago

ytownsteelman...Learning Egg has a very real and a very credible potential to create hundreds of jobs. Just like Turning Technologies did, who now returns about $500,000 a year in City income taxes. And that number will not only continue year to year, but grow every year. I like the ROI.

Suggest removal:


HomeTerms of UsePrivacy StatementAdvertiseStaff DirectoryHelp
© 2016 Vindy.com. All rights reserved. A service of The Vindicator.
107 Vindicator Square. Youngstown, OH 44503

Phone Main: 330.747.1471 • Interactive Advertising: 330.740.2955 • Classified Advertising: 330.746.6565
Sponsored Links: Vindy Wheels | Vindy Jobs | Vindy Homes