FRANKFORT, Ky. (Jan. 30, 2013) – The Kentucky Cabinet for Economic Development is partnering with a number of local, state and federal organizations to host a series of free seminars designed to educate small business owners and entrepreneurs on resources available to help them start, grow and sustain their businesses.
The series, Kentucky: Here We Grow Business, will begin in February and run through June, stopping in all 15 of Kentucky’s Area Development Districts.
These seminars provide a great opportunity for business owners to get their arms around the wealth of programs that can help grow their businesses, whether startups or existing operations. The Cabinet and its partners are able to assist small businesses with everything from exporting, to accessing loans, tax credits and government procurement to almost everything in between.
– Cabinet for Economic Development Secretary Larry Hayes
Numerous businesses have already taken advantage of programs such as the Kentucky Small Business Credit Initiative. The program, which is designed to help an approved lender make a loan to a small business that it normally may not have been able to lend to, has helped to fund over $20 million in loans by providing a little over $2 million in support. Every Kentucky county has at least three lenders who are participating in the program and many have more than five participating lenders servicing it.
Attendees will also learn how to access funding that can help them investigate and break into new foreign markets. Through the Kentucky Export Initiative, approved companies can receive STEP grant money to increase export activities. Small businesses can also obtain assistance with government procurement and applying for valuable tax credits. There are also programs available for innovative, technology-based businesses.
We are extremely excited to begin the tour and help small business owners and entrepreneurs across the Commonwealth. About nine out of 10 businesses in Kentucky are small businesses, so this is something that can provide tremendous support to a large portion of our economy.
– Mark Johnson, Assistant Director, Small Business Services Division
Small businesses represent more than 96 percent of all employers and employ 48 percent of the private-sector workforce. By definition, small businesses have fewer than 500 employees, but more than 90 percent of the businesses in Kentucky have fewer than 50 employees.
The Kentucky Council of Area Development Districts, the Kentucky Small Business Development Center, Kentucky World Trade Center and the Kentucky Innovation Network are partnering with the Cabinet for the series, which begins with two seminars on Feb. 19, 2013. The seminars are free and registration is at the door. For more information call 800-626-2930.
Kentucky: Here We Grow Business Tour Stops:
Kentuckiana Regional Planning & Development Agency
Feb. 19: 9 a.m. – noon ET
11520 Commonwealth Drive, Louisville
Northern Kentucky Area Development District
Feb. 19: 1:30 p.m. – 4:30 p.m. ET
22 Spiral Drive, Florence
Bluegrass Area Development District
Feb. 26: 9 a.m. – noon ET
699 Perimeter Drive, Lexington
Buffalo Trace Area Development District
March 21: 9 a.m. – noon ET
201 Government St., Suite 300, Maysville
FIVCO Area Development District
March 21: 1 p.m. – 4 p.m. ET
32 FIVCO Court, Grayson
Gateway Area Development District
April 18: 9 a.m. – noon ET
110 Lake Park Drive, Morehead
Kentucky River Area Development District
April 18: 2 p.m. – 5 p.m. ET
917 Perry Park Road, Hazard
Cumberland Valley Area Development District
May 1: 9 a.m. – noon ET
342 Old Whitley Road, London
Lake Cumberland Area Development District
May 1: 1 p.m. – 4 p.m. CT
2384 Lakeway Drive, Russell Springs
Barren River Area Development District
May 7: 9 a.m. – noon CT
177 Graham Ave., Bowling Green
Lincoln Trail Area Development District
May 7: 2 p.m. – 5 p.m. ET
613 College Street Road, Elizabethtown
Green River Area Development District
May 21: 9 a.m. – noon ET
300 GRADD Way, Owensboro
Big Sandy Area Development District
June 4: 1 p.m. – 4 p.m. ET
110 Resource Court, Prestonsburg
Purchase Area Development District
June 18: 9 a.m. – noon CT
1002 Medical Drive, Mayfield
Pennyrile Area Development District
June 18: 1:30 p.m. – 4:30 p.m. CT
300 Hammond Drive, Hopkinsville
LEXINGTON, Ky. – In anticipation of the many business opportunities that could stem from the construction of a new federal prison in Roxana, the Kentucky Small Business Development Center, in partnership with Letcher County Fiscal Court, is sponsoring When Opportunity Knocks, a luncheon and resource fair from 11 a.m. to 1 p.m. EDT June 22 at the Pine Mountain Grill in Whitesburg.
During lunch, local business owners will share how they answered the knock of opportunity and found success. The event is free and seating is limited; preregistration is required. Reservations can be made online at http://tinyurl.com/j9rdjtf .
At the event, organizers will discuss a three-part series of training events. Series topics will include general business and government contracting. The first event will take place 6 p.m. Tuesday, July 12 at the Whitesburg campus of Southeast Kentucky Community and Technical College. Training will also take place at 6 p.m. July 26 and August 9. Prior to each training event, a resource fair will begin at 4 p.m.
For more information, visit http://www.ksbdc.org/moving-forward-letcher-county or email Shawn Rogers at email@example.com .
KSBDC, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 13 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/ .
Other partners include: Kentucky Small Business Development Centers at Pikeville and Ashland, Southeast Small Business Development Center, Small Business Administration, Southeast Kentucky Community and Technical College, Kentucky Procurement Technical Assistance Center, Southeast Kentucky Economic Development, Kentucky Highlands Investment Corporation, Mountain Association for Community Economic Development, Kentucky Innovation Network – Pikeville , Kentucky River Area Development District, Eastern Kentucky Concentrated Employment Program, Federation of Appalachian Housing Enterprises Inc. and Kentucky Finance and Administration Cabinet – Minority and Women Business Enterprise Certification.
LEXINGTON, Ky., (May 3, 2016) - Kentucky’s finest small businesses and the small-business community were celebrated in the Capitol Rotunda in Frankfort during Kentucky Celebrates Small Business, an awards ceremony presented by the Kentucky Small Business Development Center and the Kentucky District Office of the U.S. Small Business Administration May 3.
Gov. Matt Bevin opened the awards ceremony by signing a proclamation recognizing National Small Business Week in the state.
"The vibrant entrepreneurial spirit in the commonwealth is a fundamental force driving Kentucky's economy and creating valuable jobs for our communities," Bevin said. "I understand, from personal experience, the sacrifice it takes for small business owners to survive. Every day they strive anew to secure a better life for their customers, their employees, their families and themselves. I am grateful to these men and women across Kentucky for taking the risk necessary to succeed."
WLEX-18 chief meteorologist Bill Meck served as emcee, along with his wife, Connie, whose small business, Sign Language Network of Kentucky, provided sign language interpretation for the event.
The Kentucky Small Business Development Center presented Kentucky Pacesetter awards to six businesses. 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 outstanding Kentucky Pacesetters are D&D Shoe Company, Mayfield; Ingram Brothers, LLC, Morgantown; JSB Industrial Solutions, Inc., Tollesboro; Maynard Studios, Inc., Lawrenceburg; Trunnell’s Farm Market & Family Fun Acre, Utica; Flavorman and Distilled Spirits Epicenter, Louisville.
“We owe so much to the small businesses across the commonwealth that make our economy strong and diverse. It is a pleasure to recognize them and say thank you,” said Becky Naugle, KSBDC state director.
Each year, the U.S. Small Business Administration recognizes outstanding small businesses and entrepreneurs with awards across the country. The Small Business Person of the Year winner from each state will be acknowledged at both regional and national levels.
The 2016 Kentucky Small Business Administration award winners are:
Kentucky Small Business Person of the Year: David Dafoe, founder and CEO of Flavorman and Distilled Spirits Epicenter, Louisville
Kentucky Southeast Region 8(a) Graduate of the Year: Kathy Mills, president and CEO of Strategic Communications, Louisville
Kentucky Financial Services Advocate of the Year: Bill Fensterer, president and CEO of Capital Access Corporation, Louisville
Kentucky Minority-Owned Small Business of the Year: Harsha Wijesiri, president of Integrated Engineering, LLC, Lexington
Kentucky Veteran-Owned Small Business of the Year: Scott Matheny, president of Semper Tek, Lexington
Kentucky Woman-Owned Small Business of the Year: Desiree Sloan Harmon, founder and owner of Club Fit Studio, LLC, Paintsville
“The creative genius that drives our commonwealth forward lives in the minds of our entrepreneurs. This year we are honoring entrepreneurs from the far corners of Kentucky. We are deeply grateful for what they have done to sustain the economic vitality of large and small communities,” said Ralph Ross, district director of the Kentucky office of the U.S. Small Business Administration. “We are also grateful for our local, state and federal partners who work with us to help these entrepreneurs along their way.”
The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 13 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.