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YOUNGSTOWN — A partnership between the Youngstown Business Incubator and Gener8tor — a nationally known accelerator from Madison and Milwaukee, Wisc. — is helping entrepreneurs kick-start their businesses with gALPHA Youngstown and gBETA Youngstown programs.
The programs have been implemented in various places nationally but were brought to Youngstown in July 2019. gALPHA and gBETA are looking to reach more entrepreneurs in 2020, said Patrick Bailey, gBETA director.
The programs are successful nationwide, but the Youngstown Business Incubator and Gener8tor have tailor-made the two local programs to fit the Rust Belt market of manufacturing.
“We’re really excited to be in Youngstown, and we’re always looking for partners,” Bailey said.
gALPHA is a free four-week program for participants who have the yearning to start a business with one-on-one guidance on how to create a marketable product or solution.
gBETA is a free, seven-week accelerator that connects early-stage additive manufacturing, industrial technology and logistics software companies with mentors to help enhance their business.
“I think some people in the community don’t realize that they have this amazing world-class incubator right there in Youngstown," Bailey said. "So being able to help facilitate that for YBI has been great."
Bailey said program participants have had opportunities to speak at national conferences after going through the gBETA program.
“It’s been cool to see corporations starting to see what’s happening here in Youngstown,” he said.
The gALPHA and gBETA programs put interested start-ups through an interview process to narrow applicants down to fewer than 10 to take part in the programs.
According to Bailey, the programs have caught interest from the greater Cleveland and Akron areas, as well as Pittsburgh.
“I think gBETA Youngstown has allowed for a greater network to see what’s happening in Youngstown,” he said.
Among the companies that have already taken part in gBETA are Prophit.ai (applies advanced machine learning technology to help prevent U.S. corporations from overpaying sales tax), Grale Technologies (enables machine tool owners to quickly characterize a component’s key engineering requirements in real time), Juggertbot3D (manufactures industrial-grade 3D printers) and Thrive Neuromedical (develops consumer technology products to enhance brain development in infants).
Bailey said his overall goal since he’s been with gBETA Youngstown is to be a resource for local businesses and start-ups in the community.
For information regarding the next gALPHA and gBETA accelerator dates, visit https://www.gbetastartups.com/youngstown.