WARREN — Up to 20 small- to medium-sized businesses in the Youngstown-Warren area could be selected for a program designed to beef up growth and increase access to capital.
The ELITE program was developed by the London Stock Exchange and Cleveland is set to become home to the program’s headquarters in the United States.
ELITE is partnering with JobsOhio — the private nonprofit that handles Ohio’s economic development — and the Youngstown Warren Regional Chamber to bring the program to the area.
“We are always exploring ways to expand opportunities for area businesses, employees and residents, and the ELITE Program will give these businesses the tools and funding they need to grow,” said Sarah Boyarko, chief operating officer of the chamber.
“The opportunity to work with some of the world’s leading global business experts and educators at ELITE in developing business acumen, exploring new business relationships and developing the strategies to grow will set these companies and our community up for continued success.”
Any companies interested in participating in the program can contact Boyarko at 330-744-2131, Ext. 1108, or sarah@region alchamber.com.
The first 10 companies to complete the program in the U.S. came from southeast Ohio, with support from JobsOhio, and the group graduated in October in a London ceremony.
ELITE’s one-year training program includes structured programming on strategy, innovation, operations, marketing, governance and risk management, talent management and leadership. Companies also receive individualized consulting and business support from business and investment experts, customized to the needs of each company.
The Youngstown Warren Regional Chamber’s economic development staff has identified nearly 80 companies that fall within the required criteria of the program, and will ultimately select up to 20 businesses to participate.
Following graduation, the organizations become part of a global network of more than 1,300 businesses across 36 sectors and 42 countries.
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December 21, 2019 at 12:55PM
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Program to help grow area business | News, Sports, Jobs - Youngstown Vindicator
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