Economic Action Group
- Company typePrivate
- Founded2013
- HeadquartersYoungstown, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Economic Action Group firmographics
Firmographics- Name
- Economic Action Group
- Legal name
- Economic Action Group, inc.
- Website
- https://eagworks.org
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Economic Action Group industry classification
Industry- Product category
- Economic Development Services
- NAICS
- Social Advocacy Organizations (8133), Civic and Social Organizations (813410), Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) (81399)
- SIC
- Services-Social Services (8300), Services-Management Consulting Services (8742)
- akta.pro primary industry
- Entrepreneurship & Small Business Workforce Programs (EDAAAOAM)
- akta.pro secondary industries
- Economic Development & Business Licensing (Local) (BPAIACAN), College Access, Scholarships & Student Success Nonprofits (BPAGADAE), Social Entrepreneurship & Impact Business (EDAMAHAK)
Keywords
Where Economic Action Group is headquartered
LocationHeadquarters
- HQ city
- Youngstown
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Economic Action Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Grants and Government Funding: EAG receives funding through grants from foundations and government entities including Youngstown Foundation, Wean Foundation, NSF, JobsOhio, AmeriCorps, and government contracts such as $75,000 contract with City of Youngstown for planning and outreach services.
- Donations: Nonprofit organization accepting donations through CFMV (Council on Foundations Matching Gift), with a donate button on website linking to fcsuite.com donation portal.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Economic Action Group product offering
Product offeringCore offering
Economic Action Group is a nonprofit organization that delivers economic development and community revitalization programs in the Mahoning Valley. It renovates blighted commercial properties, runs an internship pipeline that places university students with local partners, and staffs a Downtown Ambassador program to support downtown Youngstown businesses and visitors. Services are funded through grants, donations, and municipal contracts.
Product overview
Economic Action Group is a nonprofit organization offering economic development and entrepreneur assistance programs primarily in Mahoning and Trumbull Counties, Ohio. The organization operates several interconnected programs: Commercial Property Revitalization (CPR) serves as the core real estate development initiative renovating blighted commercial properties; Community Engaged Learning (CEL) provides an internship framework that includes the Civic Innovation Transforming Youngstown (CITY) summer program; Downtown Ambassadors offers hands-on revitalization support; and the Downtown Outdoor Refreshment Area (DORA) enables outdoor dining and refreshment zones. Supporting initiatives include the YO! App (a mobile rewards platform powered by Colu), streetlight surveying services, and strategic Anchor Partnerships with local governments, universities, and development organizations.
Differentiator
Problem solved
Functional benefit
Products and services
- Commercial Property Revitalization (CPR) A collaborative program that renovates blighted commercial properties in the Mahoning Valley to make them suitable for local businesses, providing resources to grow and sustain local businesses for the benefit of neighborhoods, cities, and the entire region.
- Community Engaged Learning (CEL) An internship program that recruits students from local universities to work across disciplines including graphic design, marketing, strategic planning, outreach and engagement, public policy, and STEM, collaborating with local agencies to better the Mahoning Valley.
- Downtown Ambassadors A program that supports local businesses, welcomes visitors, and enhances quality of life for residents by providing litter cleanup, directions, parking assistance, safety escorts, and recommendations. Managed by EAG for the City of Youngstown.
- YO! App Rewards Program A mobile rewards application that rewards users for shopping at Youngstown's local businesses using their credit or debit card. EAG supports the YO! App through business engagement, social media management, and growing the app with local partnerships; each City Bite is equivalent to $1 and redeemable at 24 local businesses.
- Designated Outdoor Refreshment Area (DORA) A program initiative that allows patrons 21 and older to enjoy alcoholic beverages while strolling outdoors within specified downtown boundaries, launched as part of downtown rejuvenation efforts.
- Civic Innovation Transforming Youngstown (CITY) A summer internship program where current and incoming Youngstown State University students spend eight weeks developing strategies to improve the Mahoning Valley, with project topics varying annually.
- Streetlight Survey A data service led by student interns that collected information on every streetlight in the city of Youngstown, including operational status, bulb type, ownership, and GPS location, creating a centralized database for city maintenance efforts.
Quantifiable outcome
- $1.8 million leveraged into local redevelopment through CPR program
- +4 more outcomes
Companies that use Economic Action Group
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles2 records
Economic Action Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Economic Action Group partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered minor and core.
- AmeriCorpsminorFederal agency supporting national service programs. EAG participates in AmeriCorps VISTA program with staff member Emily Wire having served at Habitat for Humanity.
- America250minorNational organization commemorating America's 250th anniversary. Partnership supporting regional commemorative events and initiatives.
- City of YoungstowncorePrimary anchor partner and sponsor of YO! App. City Board of Control approved $75,000 contract with EAG for planning and outreach services. Collaborates on DORA implementation, streetlight surveys, and downtown revitalization.
- City of WarrencoreAnchor partnership for economic development initiatives. City provides low-interest loans and incentives for businesses.
- Boardman TownshipminorAnchor partner in EAG's regional economic development network.
- Youngstown State UniversitycoreKey anchor partner providing internship pipeline through CEL program. Collaborates on YSU/EAG Internship Program and C-EEEM program with Notre Dame. YSU Engineering Department works with EAG on community projects.
- Mahoning County Land BankcoreAnchor partner in economic development initiatives. Executive Director Debora Flora serves on EAG Board as Vice President. Works on property revitalization and land redevelopment projects.
- Trumbull County Land BankminorAnchor partner working on blight reduction and property redevelopment in Trumbull County.
- Youngstown Neighborhood Development CorporationcoreAnchor partner in neighborhood development efforts. Collaborates on real estate development and community planning.
- Western Reserve Port AuthoritycoreAnchor partner providing financing, tax-exempt bonds, brownfield assessment, and tax abatement programs. Executive Director Anthony Trevena serves on EAG Board. Partners on intern placements.
- Youngstown Warren Regional Chamber of CommercecoreAnchor partner providing networking, training events, and advocacy for local businesses. Designated local point of contact for state assistance.
- Eastgate Regional Council of GovernmentsminorAnchor partner that spearheaded over $32 million in investments in Mahoning Valley in 2021. Coordinates Smart2 Build project and regional development initiatives.
- Trumbull Neighborhood PartnershipminorAnchor partner in community development and blight reduction efforts in Trumbull County.
- Valley Economic Development PartnersminorAnchor partner administering loan programs for businesses in Mahoning and Trumbull County.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Economic Action Group competitors and assessment
Company assessmentDirect peers
- Trumbull Neighborhood Partnership: Direct local peer and EAG anchor partner; performs blight reduction, neighborhood planning, and community development across Trumbull County, overlapping with EAG's geography and mission.
- Mahoning County Land Bank: County land bank performing property acquisition, demolition, and redevelopment in Mahoning County; an EAG anchor partner with closely aligned real estate revitalization focus.
- Youngstown Neighborhood Development Corporation (YNDC): Direct local peer and listed anchor partner; a Youngstown-based nonprofit performing neighborhood-level real estate redevelopment, housing strategy, and community stabilization in many of the same Mahoning Valley neighborhoods as EAG.
- Valley Economic Development Partners: Regional economic development nonprofit administering loan programs for businesses in Mahoning and Trumbull Counties; an EAG anchor partner that competes for similar municipal and foundation funding streams.
Broad incumbents
- Local Initiatives Support Corporation (LISC): National CDFI and community development intermediary funding place-based revitalization across the U.S.; highly comparable business model (grants + anchor partnerships + local economic development) and a likely funder/peer for EAG.
- Western Reserve Port Authority: Statutory port authority providing financing, brownfield assessment, and tax abatement across the region; an EAG anchor partner whose executive director sits on EAG's board, with overlapping real estate development activity.
- Eastgate Regional Council of Governments: Regional planning and economic development body for Mahoning and Trumbull Counties; an EAG anchor partner that channels $30M+ in regional investments and competes with/coordinates EAG on Smart2 Build and broader development initiatives.
- JobsOhio: State-level private economic development corporation funding site selection, capital projects, and inclusion initiatives across Ohio; an EAG funding partner whose portfolio strategy shapes demand for EAG's local implementation work.
- Youngstown/Warren Regional Chamber: Regional chamber of commerce serving the same Mahoning Valley market; provides business advocacy, training, and the designated state-assistance point of contact, overlapping with EAG's small business and entrepreneur support functions.
Emerging players
- Center for Community Progress: National nonprofit focused on vacant property, blight elimination, and land bank strategy; highly comparable to EAG's CPR program mission and a likely source of policy frameworks and federal funding partnerships.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Economic Action Group social profiles
Digital presenceEconomic Action Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Economic Action Group leadership team
Management profileNumber of profiles
Profiles18 records
Economic Action Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Economic Action Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Economic Action Group
What does Economic Action Group do?
Economic Action Group is a nonprofit organization that delivers economic development and community revitalization programs in the Mahoning Valley. It renovates blighted commercial properties, runs an internship pipeline that places university students with local partners, and staffs a Downtown Ambassador program to support downtown Youngstown businesses and visitors. Services are funded through grants, donations, and municipal contracts.
Is Economic Action Group a public or private company?
Economic Action Group is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Economic Action Group founded?
Economic Action Group was founded in 2013. It employs 1 to 10 people.
Where is Economic Action Group based?
Economic Action Group is headquartered in Youngstown, United States, in the North America region.
How does Economic Action Group make money?
Two revenue lines are on record. Grants and Government Funding is the primary driver. The others are donations.
Who are Economic Action Group's main competitors?
Direct peers on record are Trumbull Neighborhood Partnership, Mahoning County Land Bank, Youngstown Neighborhood Development Corporation (YNDC) and Valley Economic Development Partners. Broad incumbents are Local Initiatives Support Corporation (LISC), Western Reserve Port Authority, Eastgate Regional Council of Governments, JobsOhio and Youngstown/Warren Regional Chamber. Center for Community Progress is listed as an emerging player.
Does Economic Action Group have an API?
No public API is recorded for Economic Action Group.
What industry is Economic Action Group in?
Economic Action Group's product category is Economic Development Services. Its primary akta.pro industry code is EDAAAOAM, Entrepreneurship & Small Business Workforce Programs, with a secondary code of BPAIACAN, Economic Development & Business Licensing (Local). Its NAICS code is 8133 and its SIC code is 8300.