About Valley Partners

Partners in funding businesses for economic growth since 1978. 

Our Mission

Valley Economic Development Partners is a leader in developing employment opportunities through business creation, expansion and retention in collaboration with other regional organizations.

Our Vision

Small business lending to achieve the economic and social well-being of the Mahoning Valley region.

Our Story

Valley Economic Development Partners is a private, non-profit organization focused on the social well-being of the Mahoning Valley and its surrounding regions. Our mission is to be a leader in developing employment opportunities through business creation, expansion, and retention in collaboration with other regional organizations.


Established in 1978 as Mahoning Valley Economic Development Corporation, 2020 turned out to be a year of growth and change as the organization became known as Valley Partners. Our focus on small business lending is the cornerstone of our path moving forward. We are a Certified Development Corporation, authorized to process SBA 504 and Community Advantage (7a) loans. We partner with our local financial institutions to put together the best possible lending packages for our business clients and partners. We also partner with economic development agencies such as the Economic Development Administration (EDA), the U.S. Department of Agriculture (USDA), and the State of Ohio Development Services Agency (ODSA) in order to provide revolving loan funds to put together creative lending structures to “fill the gaps” as well

We have a diverse Board of Directors from the private and public sectors. We are not a government entity. We are based in Youngstown and provide selected services to Mahoning, Trumbull, Ashtabula, Columbiana, Geauga, Portage, Lake and Belmont Counties in Ohio; and Lawrence, Mercer, Beaver and Franklin Counties in Pennsylvania. We offer our SBA 504 and Community Advantage products throughout the entire State of Ohio.

From Valley Partners’ inception, our mission of building and diversifying the regional economy has remained unchanged — even as we continue to refine and reshape our programs to address the changing dynamics of our regional economy. We have assisted over 2,000 businesses, which have added or retained more than 19,000 jobs.

Partners in funding for economic growth since 1978. We look forward to helping you grow your business!

CDFI Certified

Valley Partners is proud to be an official Community Development Financial Institution.

WHAT IS A CDFI?

  • Community Development Financial Institutions – or CDFIs – are mission-driven financial institutions dedicated to providing financial services to meet the needs of economically disadvantaged individuals within underserved communities.
  • CDFIs invest in local communities and the residents who live there by providing critically needed financing often unavailable from mainstream financial institutions.
  • CDFIs are certified by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund – known as the CDFI Fund. In order to become a certified CDFI, the financial institution must: have a primary mission of promoting community development; provide financial products and services; serve one or more defined low-income target markets; maintain accountability to the community it serves; and be a legal non-governmental entity.
  • All CDFIs share a common mission of serving low-income communities.
  • Certified CDFIs are part of a national network promoting economic growth in
    America’s underserved communities by financing businesses, creating jobs, and rebuilding neighborhoods.
  • As a CDFI, Valley Partners puts the community first and values local, economic growth.


"Our team is committed

to working tirelessly on your behalf to obtain the funding needed for your business to not only survive, but to thrive and for our region's economy to continue to flourish."

- Teresa Miller, Executive Director

Our Staff

Matthew Longmire

Business Resource Manager

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Ext. 111  |  matthew@valleyedp.com

Contact Matthew

Tanay Hill

Business Resource Advisor

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Ext. 124  |  tanay@valleyedp.com

Contact Tanay

Mario A. Nero Sr.

Director of Lending

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Ext. 122  |  mario@valleyedp.com

Contact Mario

Maureen Stenglein

SBA Lender

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Ext. 114  |  maureen@valleyedp.com

Contact Maureen

Madison Southern

Loan Officer & Marketing Manager

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Ext. 120  |  madison@valleyedp.com

Contact Madison

TaMyah Petty

Office Manager & Loan Closer

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Ext. 110  |  tamyah@valleyedp.com

Contact TaMyah

Wendy Walters

Loan Servicing Director

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Ext. 123  |  wendy@valleyedp.com

Contact Wendy

Teresa Miller

Executive Director

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Ext. 116  |  teresa@valleyedp.com

Contact Teresa

Our Board

Abruzzino, Vito: Columbiana County Prosecutor

COLELLA, CHRISTOPHER: First National Bank of Pennsylvania

DEASCENTIS, ANNEMARIE: Mahoning County Commissioners

digirolamo, ben: Hill, Barth & King

GIBBS, JAMES: Mahoning Valley Sanitation District

GILCHRIST, STEPHANIE: City of Youngstown

HUSTON, SAMUEL: Huntington National Bank

KEYS, MICHAEL: City of Warren

mcdowell, derrick: youngstown flea

MERLO, GIOVANNE: City of Niles

MOHN, SARRA: Jet Creative

RICHARDSON, DIANE: Lawrence County Chamber

SMITH, JULIE MICHAEL: Vista AST

Stabi, Thomas: Schroedel, Scullin & Bestic

SUTTON, LYNETTE: Youngstown Area Development Corp.

TOOT, JOSHUA: Premier Bank


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