MVEDC, working with commercial lenders and government agencies, provides a wide array of financing loan programs, as well as services and resources designed to encourage location, retention and expansion of businesses.
Since 1981, MVEDC has assisted hundreds of companies to obtain millions of dollars through Small Business Administration and other loan programs. We manage these programs for business in Mahoning, Trumbull, Ashtabula, Columbiana, Geauga, and Portage Counties in Ohio; and Lawrence, Mercer, and Beaver Counties in Pennsylvania.
The Mahoning Valley Economic Development Corporation, through a Cooperative Agreement with the Defense Logistics Agency, administers a government marketing and technical assistance program as a special economic development project offered to help businesses our region.
The Mahoning Valley Procurement Technical Assistance Center (MV PTAC) is a no-cost, non-profit program designed to assist local businesses in identifying and securing federal, state and local government contracts, as well as sub-contracting opportunities.
The Mahoning Valley PTAC offers local businesses the technical expertise, resources, and specialized assistance, guidance and counseling necessary to enter this highly competitive marketplace. It will help your business grow your sales opportunities and increase opportunities for financial growth.
Facilities and Community Data
MVEDC has a wealth of data on available buildings and sites in the area. We provide a broad range of information that will demonstrate the many advantages of locating a business here.
Since the preservation of industrial railroads is important to the economic vitality of the Mahoning Valley, MVEDC has preserved several important rail lines.
MVEDC entered the railroad business in 1985, when Conrail abandoned the Youngstown & Austintown Industrial Railroad. We formed the Economic Development Rail Corporation (EDRC) which purchased the 2.75-mile industrial railroad and preserved 250 jobs. It has continuously served industries in west Youngstown and Austintown.
Economic Development Rail II Corporation (EDRIIC) was formed in 1994 and purchased the CSX Railroad’s North Warren Lead. This three-mile industrial railroad serves industries in Warren. Both railroads are operated by the Ohio Central Railroad System, a part of Genesee and Wyoming Company.
More recently, EDRIIC purchased 3.9 miles of Conrail’s Freedom Secondary Railroad in Warren and connected the two Warren roads together to provide improved rail service.