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By creekmoremarketing 31 Jul, 2015

LEXINGTON, Ky., (May 6, 2015)   – The commonwealth’s best were celebrated in the Capitol Rotunda in Frankfort on May 6 with an awards ceremony recognizing outstanding small businesses and small-business people. Kentucky Celebrates Small Business was presented by the Kentucky Small Business Development Center, the Kentucky district office of the U.S. Small Business Administration and the Lexington chapter of the National Association of Women Business Owners.

“Small Business Week is big in Kentucky! These three organizations share the mission of supporting and encouraging small business and are proud to celebrate the wonderful entrepreneurial talent in Kentucky,” said Becky Naugle, KSBDC director.KSBDC selects Kentucky Pacesetter businesses based on how the nominees are changing Kentucky’s economic landscape by introducing innovative products, increasing sales and/or production, boosting employment and serving their communities.

This year’s outstanding Kentucky Pacesetters are:
• A.C.E. Compressor Services Inc., Mayfield
• Green River Appliance, Owensboro
• Stewart and Stafford Inc., Pikeville
• Sustainment Solutions Inc., Lancaster

Each year, the U.S. Small Business Administration recognizes outstanding small businesses and entrepreneurs with awards across the country. The Small Business of the Year winner from each state has the opportunity to be acknowledged at both regional and national levels.

The 2015 Kentucky Small Business Administration award winners are:
• Kentucky Small Business Person of the Year: Scott Shinn, president and CEO of Sustainment Solutions Inc.
• Kentucky 8(a) Graduate of the Year: Kathy Mills, president and CEO of Strategic Communications
• Kentucky SBA Resource Partner of the Year: David Oetken, director of Small Business Development Center Louisville
• Kentucky Financial Services Advocate of the Year: Mark Strother, president and CEO of Commercial Bank of Grayson
• Kentucky Home Based Business of the Year: Nicole Mueller, president and owner of Startup Productions LLC
• Kentucky Woman Small Business Advocate of the Year: Michelle Gorman, small business specialist at U.S. Bank of Bowling Green
• Kentucky Young Entrepreneur of the Year: Shane Hamilton, president and owner of Service Maids LLC

“Entrepreneurs are the engines who drive our economy forward,” said Ralph Ross, district director of the Kentucky office of the U.S. Small Business Administration. “Every year we honor them during Small Business Week, and this year we have an extra reason to celebrate. The Kentucky unemployment rate has dropped to 5.1 percent, and demand for SBA loans has increased 30 percent over last year. Our Kentucky entrepreneurs are hard at work, and we cannot thank them enough.”

The Lexington chapter of the National Association of Women Business Owners strives to propel female entrepreneurs to spheres of economic, social and political influence through strengthening economic development, creating innovative and effective changes in the business culture, building strategic alliances and transforming public policies.

Their Winners’ Circle Award is presented annually to a Kentucky woman who has shown outstanding leadership, financial stamina and control, contributed to her community through time and resources, understands and resolves complex issues, and is dedicated to furthering women in business through personal support and mentoring. The 2015 recipient is Dr. Ardis Dee Hoven, past president of the American Medical Association and a Lexington-based infectious disease physician.

The chapter also presented the following awards:
• Woman Business Owner of the Year: Dr. Jennifer Fuson, owner of Lexington Women’s Health
• Member of the Year: Karen Boone, owner of Kreations by Karen
• Tribute Award: Ericka Harney, executive director of Accounting and Financial Women’s Alliance
• Rising Star Award: Kelly King Bakehorn, owner and president of The Grand Reserve and The Barrel House
• Legacy Award: Kathy Gornik, president and CEO of Aperture Consulting

“With the latest census statistics showing that the majority of all workers in America are employed by small-business owners, we are reminded that small-business owners are the true unsung heroes of our times,” said Janey Moores, NAWBO Lexington chapter awards coordinator. “That same census also shows that women now own at least a third of all businesses in the U.S. As more and more women follow the dreams of their hearts by owning their own businesses, America grows stronger by the day and remains the land of the free and the home of the brave.”

The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 15 offices located throughout the state. The center helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is a partner program with the U.S. Small Business Administration. For more information on KSBDC services, visit their website, http://www.ksbdc.org/ .

Writer: Roberta Meisel, 859-257-7668

UK College of Agriculture, Food and Environment, through its land-grant mission, reaches across the commonwealth with teaching, research and extension to enhance the lives of Kentuckians.

By creekmoremarketing 31 Jul, 2015

LEXINGTON, Ky., (April 22, 2015) – The Kentucky Procurement Technical Assistance Center and Kentucky Small Business Development Center will host the first GovPro Conference on May 13 at The Campbell House in Lexington. Doors will open at 7:30 a.m. and the conference will run until 4:30 p.m. EDT

“We are very excited to have Mildred Quinley from the Office of Small Business Utilization, U.S. General Services Administration as our luncheon speaker. The office of Small Business Utilization advocates for small businesses, and its mission is to promote increased access to GSA’s nationwide procurement opportunities,” said Dee Dee Harbut, Kentucky Procurement Technical Assistance Center director.

Government procurement professionals from federal, state and local agencies will also be on hand at the trade show to talk about opportunities for small-business owners.

Spending more than $500 billion annually makes the U.S. government the largest consumer of products and services. From purchasing items as simple as soap to the construction of buildings to consulting services, the opportunities for businesses to expand their revenue through government contracts are vast. Networking and understanding the “how to” is the purpose of the GovPro conference.

“The Kentucky SBDC continues to strengthen the local economy by offering educational and networking opportunities such as the GovPro conference to small-business owners seeking to grow their revenues with government contracts,” said Shirie Hawkins, Bluegrass SBDC director.

Among the features of the conference will be the breakout sessions led by experienced professionals with solid working knowledge of the procurement process and regulations. Session topics will include: How to Market to the Federal Government, Construction and Architect-Engineer Contracts, An Insider’s Insight to the Federal Acquisition Regulation and Accounting Requirements for Federal Contractors.

Along with the workshops, continental breakfast, lunch, a trade show and networking breaks are included for each registered participant. For more information about the GovPro conference or to register, visit http://2015govproconference.eventbrite.com or contact Kristy Coates at 859-257-7668. The deadline for registration is May 6.

The Kentucky Procurement Technical Assistance Center falls under the Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment. KSBDC’s network of 15 offices located throughout the state helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is a partner program with the U.S. Small Business Administration. More information on KSBDC services is available online at http://www.ksbdc.org/ .

Writer: Roberta Meisel, 859-257-7668
UK College of Agriculture, Food and Environment, through its land-grant mission, reaches across the commonwealth with teaching, research and extension to enhance the lives of Kentuckians.

By creekmoremarketing 31 Jul, 2015

LEXINGTON, Ky., (Jan. 22, 2015)   — The Lexington Forum recognized Kentucky Small Business Development Center senior consultant Fausto Sarmiento with the 2014 One to Watch Award at the annual Lexington-Fayette Urban County Government’s State of the Merged Government Address and luncheon held at the Hyatt Regency Lexington recently.

The One to Watch Award is presented each year to a business leader or expert who embraces and exhibits genuine community spirit. This is the third year the Lexington Forum has presented the award.

Bob Owen, a Lexington Forum board member, introduced Sarmiento by saying, “Fausto Sarmiento embodies two words that describe a very vital segment of our culture and workforce in Lexington. He is young, and he is a professional, and he uses his education and background to expand opportunities for young professionals, providing advice and encouragement to help others achieve.”

Sarmiento is the senior management consultant with KSBDC’s Bluegrass office in downtown Lexington where he specializes in performance management, sales and negotiations for new entrepreneurs and established small-business owners.

“There are so many talented people in Lexington who are doing great things for our community. The Lexington Forum consists of a great variety of different people: conservatives and liberals, young professionals and seasoned executives. It is a true honor to know they were all able to agree on selecting me as this year’s winner of the One to Watch Award,” Sarmiento said.

In 2014, Sarmiento was inducted into the KSBDC Million Dollar Loan Club having secured over a million dollars in funding for clients. Additionally, he served as the president of the Lexington Young Professionals and was active in planning the Emerge conference held in Lexington, the Young Professionals Unite Summit held in Louisville and the Young Professionals Day held at the Capitol in Frankfort.

Sarmiento also works closely with University of Kentucky students, helping them to transition into the career world with far fewer stresses.

“Fausto sincerely wants young professionals to succeed in their careers and communities and strives to help them achieve their full potential,” said Becky Naugle, KSBDC director.

One such professional who benefitted from Sarmiento’s consult was Tommy Ray Cornett of Bleed Blue Tattooing. Cornett was selected as the 2014 Kentucky Small Business Person of the Year.

“I’m passionate about helping young professionals. Their success is my greatest reward,” Sarmiento said.

The Kentucky Small Business Development Center, part of the UK College of Agriculture, Food and Environment, is a network of 15 offices located throughout the state that helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. The KSBDC is a partner program with the U.S. Small Business Administration. For more information on KSBDC services, visit their website, http://www.ksbdc.org/ .

By creekmoremarketing 31 Jul, 2015

LEXINGTON, Ky.– Billions of dollars are spent each year by federal, state and local governments with outside contractors. Significant economic impact can be realized when Kentucky businesses have the opportunity to bid and win these contracts. As such, the Kentucky Procurement Technical Assistance Center and the Lexington-Fayette Urban County Government will offer workshops to educate and train small-business owners seeking to secure government contracts. All classes are free and open to the public.

“The Kentucky PTAC is continuing to strengthen the economy by providing businesses with the services and resources necessary to become competitive in government contracting,” said Dee Dee Harbut, PTAC director.

The workshops are only a part of the services PTAC offers business to help them navigate toward government contracts. The center’s goal is to support Kentucky businesses as they grow, offering relevant, current and effective consulting and training on topics pertinent to government contracting.

“LFUCG is pleased to partner with PTAC to expand class offerings for minority- and women-owned businesses,” said Marilyn Clark, LFUCG minority business enterprise liaison. “Although some of the workshops are tailored to address minority and women-owned businesses, many will be of interest to any business owner interested in government contracting. We believe stronger businesses create a stronger economy and a better community.”

A variety of upcoming workshops are scheduled in Lexington. These workshops are taught by industry professionals and will educate participants on the process of bidding and winning government contracts. Some of these workshops are scheduled specifically for women- and minority-business owners and veteran entrepreneurs. For more information about workshop offerings including dates, times and location, visit http://kysbdc.ecenterdirect.com/Conferences.action?CenterID=21 .

To register for the PTAC/LFUCG workshops, call Kristy Coates at 859-257-7668 or register online at: http://kysbdc.ecenterdirect.com/Conferences.action?CenterID=21 or go to http://www.lexingtonky.gov/MWBE . PTAC is partially funded by Defense Logistics Agency and the Kentucky Cabinet for Economic Development. To learn more about PTAC visit http://www.KentuckyPTAC.com

The PTAC program falls under the Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment. KSBDC is a network of 15 offices located throughout the state that helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. The KSBDC is a partner program with the U.S. Small Business Administration. For more information on KSBDC services, visit their website, http://www.ksbdc.org/ .

Contact: Dee Dee Harbut, 859-257-7668

By creekmoremarketing 31 Jul, 2015

KSBDC is open and operating during the government shut down. We hope to limit the impact to our clients as much as possible. We are a partner program of the U. S. Small Business Administration and the degree of impact of the shutdown on our services is limited at this time. The length of the shutdown will determine the impact on our services. Since we do not know how long the shutdown will last, we are asking our staff to limit travel. KSBDC may not be able make circuit rides or go to client sites as much as we would like during the next couple of weeks. Hopefully, we will be back to our regular services and travel soon.

– Becky Naugle, KSBDC State Director

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By Robbi Meisel 04 May, 2017

LEXINGTON, Ky., (May 4, 2017) - Kentucky’s small businesses were celebrated recently in the Capitol Rotunda in Frankfort during Kentucky Celebrates Small Business. The Kentucky Small Business Development Center and the Kentucky District Office of the U.S. Small Business Administration presented the awards ceremony.

Acknowledging the importance of National Small Business Week in the state, Lt. Gov. Jenean Hampton recognized the contributions that Kentucky’s small businesses and entrepreneurs make to the state.

“Small business is the backbone of the American economy,” Hampton said. “As you’ve seen over the last several months, Kentucky is experiencing an unparalleled renaissance of economic growth, and it’s only going to continue as we nurture a climate for small business to thrive.”

WLEX-18 chief meteorologist Bill Meck served as emcee, and Connie Meck, from the Sign Language Network of Kentucky, provided interpretation for the event.

The Kentucky Small Business Development Center presented Kentucky Pacesetter awards to 10 businesses. The winners were chosen based on how they are changing Kentucky’s economic landscape by introducing innovative products, increasing sales and/or production, boosting employment and serving their communities.

This year’s Kentucky Pacesetters are Bluegrass Electrical Consultants Inc., Burlington; Doc Lane’s Veterinary Pharmacy LLC, Lexington; Imperial Fisheries LLC, Middlesboro; Limestone Branch Distillery, Lebanon; Oscarware Inc., Bonnieville; The Miller House Restaurant, Owensboro; Two Rivers Fisheries Inc., Wickliffe; Universal Compressor Solutions LLC, Mayfield; Verbal Behavior Consulting Inc., Lexington and Victory CNC Plasma, Owensboro.

“Kentucky has so many outstanding small businesses and entrepreneurs offering amazing products and services. They are critical to Kentucky’s economy and quality of life. We cannot thank them enough or celebrate them enough, but it’s great to try,” said Becky Naugle, KSBDC state director.

The U.S. Small Business Administration has recognized outstanding small businesses each year since 1963. The Small Business Person of the Year winner from each state was acknowledged at both regional and national levels. The 2017 Kentucky Small Business Person of the Year is Debra Dudley, co-founder and president of Oscarware Inc. in Bonnieville. She is also the runner-up U.S. National Small Business Person of the Year.

“I’m so happy, so grateful for this honor,” Dudley said. “It’s not an award I’m just going to put on my desk. To me it’s a reward for the hard work we’ve done in the 28 years we’ve been in business.”

The 2017 Kentucky Small Business Administration award winners are:

Kentucky Small Business Media Advocate of the Year: Tim Preston, editor of Grayson Journal-Enquirer and Olive Hill Times, Grayson.

Kentucky Financial Services Advocate of the Year: Robert Brandon Feltner, business banking officer at Citizens Bank of Kentucky, Prestonsburg.

Kentucky Minority-Owned Small Business of the Year: El Kentubano LLC, Frankfort. Luis David Fuentes is the owner and publisher.

Kentucky Veteran-Owned Small Business of the Year: Land Shark Shredding LLC, Bowling Green. Don Gerard is the president and CEO.

Kentucky Woman-Owned Small Business of the Year: Puzzles Academy and Puzzles Fun Dome, Louisville. Kimberly Stevenson is the president.

Kentucky Young Entrepreneur of the Year: Josh Barrett, owner and operator of Josh Barrett and Associates, Richmond.

“All of us owe a deep debt of gratitude to the entrepreneurs of Kentucky who do so much to make our Commonwealth a prosperous and happy place,” said Ralph Ross, district director of the Kentucky office of the U.S. Small Business Administration.

The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 12 offices located throughout the state. The center helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is a partner program with the U.S. Small Business Administration. More information on KSBDC services can be found on their website, http://www.ksbdc.org/ .

 

Writer: Roberta Meisel, 859-257-0104

 

UK College of Agriculture, Food and Environment, through its land-grant mission, reaches across the commonwealth with teaching, research and extension to enhance the lives of Kentuckians.

By Robbi Meisel 21 Mar, 2017
WASHINGTON – Kentucky businesses and residents affected by severe thunderstorms, tornadoes, winds and hail from Feb. 28 through March 1, 2017 can apply for low-interest disaster loans from the U.S. Small Business Administration, SBA Administrator Linda E. McMahon announced today.

McMahon made the loans available in response to a letter on March 16 from Michael E. Dossett, Authorized Representative of Gov. Matthew Bevin, requesting a disaster declaration by the SBA. The declaration covers Estill County and the adjacent counties of Clark, Jackson, Lee, Madison and Powell in Kentucky.

“The SBA is strongly committed to providing the people of Kentucky with the most effective and customer-focused response possible to assist businesses of all sizes, homeowners and renters with federal disaster loans,” said McMahon. “Getting businesses and communities up and running after a disaster is our highest priority at SBA.”

SBA’s customer service representatives will be available at the Disaster Loan Outreach Center to answer questions about the disaster loan program and help individuals complete their applications.

The Center is located in the following community and is open as indicated:
Estill County
Estill Development Alliance
177 Broadway Street
Irvine, Kentucky 40336

Opening: Thursday, March 23
Hours: 10 a.m. to 5 p.m.

Days: Monday – Friday, 9 a.m. to 5 p.m.
Saturday, March 25, 10 a.m. to 2 p.m.
Closed: Sunday, March 26
Closing: Thursday, March 30, 9 a.m. to 3 p.m.

Businesses and private nonprofit organizations may borrow up to $2 million to repair or replace disaster damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

For small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private nonprofit organizations, the SBA offers Economic Injury Disaster Loans to help meet working capital needs caused by the disaster. Economic Injury Disaster Loan assistance is available regardless of whether the business suffered any physical property damage.

Loans up to $200,000 are available to homeowners to repair or replace damaged or destroyed real estate. Homeowners and renters are eligible for loans up to $40,000 to repair or replace damaged or destroyed personal property.

Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may now include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster.

Interest rates are as low as 3.15 percent for businesses, 2.5 percent for nonprofit organizations, and 1.875 percent for homeowners and renters with terms up to 30 years. Loan amount and terms are set by the SBA and are based on each applicant’s financial condition.

Applicants may apply online using the Electronic Loan Application (ELA) via SBA’s secure website at https://disasterloan.sba.gov/ela .

Businesses and individuals may also obtain information and loan applications by calling the SBA’s Customer Service Center at 1-800-659-2955 (1-800-877-8339 for the deaf and hard-of-hearing), or by emailing disastercustomerservice@sba.gov. Loan applications can also be downloaded at www.sba.gov/disaster . Completed applications should be returned to the center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.

The filing deadline to submit applications for physical property damage is May 19, 2017 . The deadline for economic injury applications is Dec. 20, 2017.

For more information about the SBA’s Disaster Loan Program, visit their website at www.sba.gov/disaster .
By Robbi Meisel 27 Feb, 2017

LEXINGTON, Ky., (Feb. 14, 2017) – Kentucky Small Business Development Center is seeking nominations for the 2017 Pacesetter Awards. The recognition program was created to honor high performing, second-stage businesses that are changing Kentucky’s economic landscape. The deadline to submit nominations is March 15.

KSBDC encourages small businesses that meet the following minimum qualifications to apply:

         ·  Privately held

         · In business for three or more years

         · Employ six or more full-time employees, including the owner

         ·  Annual sales meet or exceed $500,000

         · Located and headquartered in Kentucky

         ·Demonstrate the intent and capacity to grow evidenced by the judging criteria.

Pacesetters will be selected based on two or more of the following criteria:

         · Growth in the number of employees

         ·Increase in sales and/or unit volume

         · Innovativeness of the product or service

         ·Response to adversity

         ·Employee engagement and commitment

         ·Contributions by the nominee to aid community-oriented projects

Pacesetters will be recognized at the Kentucky Celebrates Small Business event held at the Capitol rotunda in Frankfort during the first week of May. Each honoree will receive an award inscribed with the business’s name and a promotional video for their own use that highlights the business. In addition, KSBDC will send a customized press release announcing the award to local media and trade associations. Honorees are given the rights to use the Kentucky Pacesetter logo and event photographs in promoting their business.

Anyone may submit nominations, including third parties associated with an eligible second-stage business. A business may self-nominate by completing the required form. Winners will be notified by March 27. Full nomination requirements and the application are online at https://www.ksbdc.org/kentucky-pacesetters1 .

The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 12 offices located throughout the state. The center helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is a partner program with the U.S. Small Business Administration. More information on KSBDC services can be found on their website, http://www.ksbdc.org/ .

 

Writer: Roberta Meisel, 859-257-0104

 

UK College of Agriculture, Food and Environment, through its land-grant mission, reaches across the commonwealth with teaching, research and extension to enhance the lives of Kentuckians.

 

 

 

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