Founded in 2001 in what was an abandoned furniture store in downtown Youngstown, Ohio, The Youngstown Business Center (YBI) has since grown into a sophisticated multi-building campus offering comprehensive services to Mahoning Valley’s entrepreneurial and added manufacturing business sectors. By 2015, YBI was recognized as the number one high impact incubation program in North America by UBI, a global network of 1,200 business incubators across 90 countries. By 2018-2019, YBI recorded over 540 jobs in portfolio related companies, $17.8 million generated revenue in the area and $18 million in additional raised capital.
YBI recently mapped the region’s technology and added manufacturing assets and determined that Northeast Ohio’s manufacturing supply chain can use 3D printing effectively to gain a competitive edge in the national and global marketplace. With ARC support, YBI purchased several 3D printers and other critical equipment to help position Northeast Ohio as a leader in design and engineering for additive manufacturing. Now, the Additive Manufacturing Cluster of Ohio, one of YBI’s premiere initiatives, continues investing in equipment and supplies, developing a ready workforce, and building out supply chains to grow the region’s additive manufacturing industry.