Cybersecurity program at Mercyhurst has new Erie-based sponsor

The gleaming cyber labs at Mercyhurst University, which opened for business in August of 2018, have a new sponsor and a new name.

The center, part of the Ridge College of Intelligence Studies & Applied Sciences at Mercyhurst, has joined forces with Erie-based Federal Resources Corp.

The information technology company, founded and led by Erie native Jeremy Young, relocated three years ago to Erie from the Washington, D.C. area. The company, which has been identified by Inc. 500 as one of the nation’s fastest-growing private companies, has seen annual sales top $75 million and has set its sights on annual sales of $250 million.

High expectations:Erie’s Federal Resources moves into new building, sets sights on $250 million in sales

Jeremy Young, CEO of Erie-based Federal Resources Corp., speaks Monday at Mercyhurst University. He announced that his company is the new sponsor of the cyber labs at Mercyhurst University.

Young, speaking prior to a news conference Monday, said that raising the profile of his company and building on its relationship with Mercyhurst will help achieve that goal while providing training, experience and jobs for Mercyhurst students.

Conversations with Leanne Roberts, provost and vice president for academic affairs, led eventually to Monday’s announcement that the center will now be known as the Federal Resources Corporation Cyber Education Center.

New signs throughout the building signaled the change on Monday.

Young said he believes the new relationship will raise the visibility of both Mercyhurst and his company, while “creating workforce preparedness,” he said.

“We sit in one of the most dynamic times in the history of technology,” he said. “This partnership is extremely strategic to our growth.”

About 35 of the company’s 75 employees are based in Erie. Young said he can see that number growing as more Mercyhurst students move into part-time and permanent positions with the company.

The lab opened in 2018 as the MCPc Cyber Education Center at Mercyhurst University.

Debbie Morton, a spokeswoman for the university, said that the university and MCPc, which continues to maintain a presence in Erie, have decided to go in their own directions.




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