Harpersfield_ U.S. Sen. Sherrod Brown-D, paid a visit to the Ferrante Winery and Ristorante Tuesday to voice support for the proposed “Pairings Ohio” incubator in Geneva. Brown, sponsor of the Business Incubator Promotion Act (BIPA), described the need for small business incubators to an audience of local government officials and business owners.
“Nearly two-thirds of the jobs are created by small businesses,” Brown said. “Ashtabula County has done some pretty interesting things; especially with the issue of incubators.”Democrats and Republicans alike listened as Brown stressed the need of his legislation to help business incubators.
“There is generally bipartisan agreement in the Congress on many of the things we should be doing to help small business and incubators,” Brown said. “Incubators are especially important; they provide technical assistance to help entrepreneurs take a viable idea and turn it into a viable economic enterprise.”
The “Pairings Ohio” Incubator idea is relying on donations, grants and fund raisers to become a reality for Ashtabula County. Sen. Brown’s new legislation would help support business incubators like “Pairings Ohio’, he said.
More Ohio communities would become eligible for funding that supports business incubators through the U.S. Economic Development Administration (EDA).
“Every $10,000 of EDA investment by the federal government creates between 40 to 70 jobs,” Brown said.
Incubator support has already created hundreds of thousands jobs by providing start-up companies with support services Brown said.
“This legislation (BIPA) is aimed at helping these hard-hit regions create higher skill, higher wage jobs,” Brown said. “Competitive grants will help communities introduce new businesses and expand existing ones.”
James Pearson, Geneva mayor, Mark Winchell, board president of the proposed Pairings, Ohio’s Wine and Culinary Experience Incubator, Jim Arbaczewski, past president of the Ohio Wine Producers Association, and Susan Stocker, dean of Kent State University – Ashtabula, also provided a few comments how BIPA will help more entrepreneurs start their small businesses.Like