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 Read More →
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. Read More →
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. Read More →
LEXINGTON, Ky., – The Kentucky Small Business Development Center recognized staff members from its network of centers for their achievements at the annual fall conference held at the Hilton Suites Lexington Green.
KSBDC state director Becky Naugle and Ralph Ross, the U.S. Small Business Administration Louisville district director, were on hand for the presentation of the year’s biggest awards. Top honors went to Northern Kentucky University SBDC, named 2014 Center of the Year. This award is bestowed upon the SBDC center posting the highest results based on the annual goals. Read More →
Lexington, Ky., (Nov 20, 2014) – At the annual Kentucky Association for Economic Development Conference, held at the Kentucky International Convention Center in Louisville, one of Kentucky Small Business Development Center’s own took the top honor. Patricia Krausman, University of Kentucky Elizabethtown SBDC director, was named the 2014 Allied Professional of the Year.
This prestigious award was established to recognize economic development professionals who play a key role in the success of economic development via their assistance and expertise in areas such as utilities, job training, construction, education, government and research.
The Kentucky Association for Economic Development consists of more than 600 members that include professionals who share an interest in growing Kentucky’s economy through education, advocacy and developing connections between industry professionals and state and local government officials.
“Given the prestige of this award and the distinguished individuals who have previously received it, I am extremely honored to be this year’s recipient,” Krausman said. “My work wouldn’t be possible without the constant support of our many partners and devoted colleagues at the Kentucky Small Business Development Center, and for that I am particularly grateful. Recognition of the value of the KSBDC’s role in economic development is a testament to the cohesive partnerships that are present in Kentucky.”
Krausman was also inducted into the exclusive Kentucky Small Business Development Center’s Million Dollar Loan Club, having secured more than $8 million for start-up and expanding businesses in 2013. Additionally, her Elizabethtown center was awarded the Michael Rodriguez Traveling Trophy, which acknowledges service goals being met and exceeded during the past year.
The UK Elizabethtown Small Business Development Center serves Breckinridge, Grayson, Green, Hardin, Larue, Marion, Meade, Nelson, Taylor and Washington counties. 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/. To learn more about the Kentucky Association for Economic Development, visit their website http://www.kaedonline.org.
In April of 2014, the Kentucky Small Business Development Center in partnership with the Community and Economic Development Initiative in Kentucky launched the Grow Kentucky program and received overwhelming interest from throughout the Commonwealth. The center and initiative are part of the University of Kentucky College of Agriculture, Food and Environment.
Typically a region’s economic growth is based on attracting new large scale companies, often via offers of tax incentives and workforce development services. By contrast, Grow Kentucky focuses on aiding established growth-oriented companies with strategic issues such as developing new markets, refining business models and accessing competitive intelligence. Small businesses with longevity and a goal to expand are often referred to as second stage businesses. Such companies generally engage 10 to 99 employees and generate from one to 50 million dollars in annual revenues. Read More →
LEXINGTON, Ky., (October 29, 2014) – The Kentucky Small Business Development Center is pleased to announce the launch of the newly enhanced KyBIZinfo.com website, with much of the restructuring resulting from a call for help by the Shaping Our Appalachian Region initiative.
Formed by Gov. Steve Beshear and U.S. Rep. Hal Rogers, the SOAR initiative held over 100 listening sessions with residents throughout Eastern Kentucky during the summer of 2014 and collected valuable input from business owners regarding what were deemed the greatest needs. From the numerous conversations with residents, one of the top requests presented to the initiative administrators was to develop and promote a web portal clearinghouse to better market resources currently available to potential entrepreneurs and existing small business owners.
In response to this need, the center, in partnership with the East Kentucky Technical Assistance Providers network, has launched KyBIZinfo.com. The extensive online directory contains detailed profiles and information on Kentucky’s non-profit and government agencies that provide services to assist the region with its continued economic growth.
When Gov. Beshear and Congressman Rogers launched the SOAR initiative last year,this is exactly the type of success they envisioned; a unique collaboration and the elevation of an organization that is already doing fantastic work within the region. We are encouraged to see the Small Business Development Center responding so quickly to meet one of the needs identified in the final report as submitted to the SOAR Executive Board in September.
- Jared Arnett, Executive Director, SOAR
Entrepreneurs who need help starting a new business or growing an existing business can gain access to an array of small business assistance by using KyBIZinfo.com’s advanced search functionality. The system allows the user to select the type of assistance they need. It then filters through the available catalog of resources and delivers a customized list of local service providers offering the specific support requested.
The website’s resource partners provide assistance with issues relating to business planning, business training, economic development, financing/loan programs, importing and exporting, management assistance, manufacturing and product development, marketing, small business advocacy, business networking, permits and licenses, procurement assistance, research and technology and many more areas.
KSBDC is pleased to collaborate with service providers to help make it easier for entrepreneurs to find the resources they want. We heard over and over that they wanted and needed a one-stop place to find all the help available, and that is what KyBIZinfo provides.
- Becky Naugle, KSBDC State Director
Access to the website is free for entrepreneur hopefuls and participating resource partner organizations. Currently, KyBIZinfo.com hosts more than 325 service providers with detailed profile information available to Kentucky businesses.
Additional information is available at the KyBIZinfo website, http://kyBIZinfo.com or toll-free in Kentucky at 1-877-592-4946.
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 that helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. The center 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.
Kentucky Small Business Development Center remembers Michael Rodriguez with the Sutton Landry StateStar
By Roberta Meisel
LEXINGTON, Ky., (Oct. 22, 2014) – The Kentucky Small Business Development Center awarded the 2014 Sutton Landry State Star to Michael Rodriguez, announced Becky Naugle, center director. Rodriguez is the late center director of the Eastern Kentucky University Small Business Development Center.
The Sutton Landry State Star is presented annually to an individual in the Kentucky Small Business Development Center network who is considered an example of excellence, makes a significant contribution to the center’s program and exhibits a dedication to assisting small businesses. This award is presented in conjunction with the Association of Small Business Development Center’s Annual Conference. The association is a partnership that unites private enterprise, government agencies, higher education institutions and local nonprofit economic development organizations to provide support to small business.
Accepting on his behalf was Rodriguez’s wife, Teresa, and son, Timothy.
Timothy and I are honored to accept this award on Michael’s behalf. We are so proud of all that Michael accomplished in his lifetime, and this is just another example of his many achievements. Michael would have been thrilled to receive this award. He truly loved his job at the EKU SBDC. We are sincerely overwhelmed by the love and respect everyone had for Michael. We will cherish this award for years to come.
- Teresa Rodriguez
This award is a wonderful way to honor Michael’s legacy of dedication and exemplary service to the small business community and KSBDC.
- Becky Naugle, KSBDC State Director
After graduating from Morehead State University with a master’s degree in business administration, Rodriguez worked in the health care field and was the proprietor of a small business prior to joining the Kentucky Small Business Development Center. Rodriguez began working with the center as a business consultant in 2007 and within two years, he was named director for the EKU Small Business Development Center.
His dedication and determination to help fellow small business owners proved a great asset for Rodriguez as a consultant, resulting in his being a two-time recipient of the Million Dollar Loan Club award. During his tenure, the EKU office was noted for its extraordinary work, receiving the statewide “traveling trophy” for performance and productivity in 2011 and 2012. He was more than a typical business adviser, and his sudden passing in 2013 was a loss to the clients and communities heserved, Naugle said.
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 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://ksbdc.org. 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.
Contact: Dee Dee Harbut, 859.257.7668
Kentucky Small Business Development Center Partners With Cabinet for Economic Development to Continue Procurement Services for Small Businesses
The Kentucky Small Business Development Center (KSBDC) has entered into an agreement with the Cabinet for Economic Development (CED) to continue offering procurement services to small businesses throughout Kentucky. The KSBDC was recently awarded a federal grant of nearly $250,000 which was matched dollar-for-dollar by CED and other local entities. The funding will be used to form the Kentucky Procurement Technical Assistance Center (PTAC). PTAC will employ staff and resources needed to offer procurement technical assistance, training, and government bid notification services.
This program is another tool in the state’s toolkit for small business success. We are dedicated to supporting small businesses throughout the state and this latest announcement fits squarely into our strategy to do so. We are eager to partner with the KSBDC to provide even greater support to small businesses.
- Larry Hayes, Cabinet for Economic Development Secretary
Each year, federal, state and local governments purchase billions in services and supplies but the unending maze of rules and regulations prevent most small businesses from understanding how to capitalize on this lucrative market. The newly formed Kentucky Procurement Technical Assistance Center (PTAC) will help small businesses unravel the maze of regulatory requirements and assist them in marketing and selling to the government.
PTAC can work with any size business, but it has a special interest in working with small disadvantaged; women-owned; HUBZone; and service-disabled veteran-owned small businesses. This is due in part to the government’s obligation to ensure that all firms have an opportunity to participate in contracts that are paid for with tax dollars; as such, they have established goals for PTACs to work with specific small business categories.
KSBDC is elated to be awarded this federal grant and the opportunity to partner with CED. We see this as another avenue to help businesses grow and create economic impact in Kentucky.
- Dr. Becky Naugle, state director of KSBDC
Successful government contracting requires business experience and resources; therefore, PTAC will target businesses with two or more years of operation. PTAC has offices in Lexington and Louisville and will continue to offer services for free or at minimal cost.
For more information about PTAC go to http://ksbdc.org/government-contracting. The Kentucky Small Business Development Center is a network of 15 offices located throughout the state that help 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 (SBA). For more information on how the KSBDC can serve you, visit www.ksbdc.org.
Image By Chris Ware, email@example.com
JANUARY 13, 2014 – LEXINGTON, Ky.
President Barack Obama has named eight counties in southeastern Kentucky as one of the first Promise Zones, a 10-year designation to focus resources and expertise on communities where, as he said during the announcement, “no matter how hard you work, your destiny feels like it’s already been determined for you before you took that first step.”
The University of Kentucky College of Agriculture, Food and Environment, through its Community and Economic Development Initiative of Kentucky and its Small Business Development Center will be among the implementation partners working with the project administrator, Kentucky Highlands Investment Corporation, to help improve the economy, health and education in Bell, Clay, Harlan, Knox, Leslie, Letcher, Perry and Whitley counties. The counties were hard hit by the coal industry decline.
The partnership is the continuation of what has historically been a highly successful relationship.
“We’ve worked with Kentucky Highlands in the past on regional economic development initiatives,” said Alison Davis, CEDIK executive director. “Their CEO Jerry Ricketts and all their development staff are wonderful. They have tremendous passion for improving all the communities they serve.”
CEDIK staff will be focusing on several aspects of what everyone hopes will be a better future for southeastern Kentucky. Davis and UK Community and Leadership Development Professor Lori Garkovich will jump in almost immediately by leading government officials, small-business owners, nonprofit organizations and local citizens in the designated counties through strategic planning with a “bottom-up” approach.
“We really want to know what the communities hope to get from this opportunity; where they see the future, what types of resources and assets they think they have and how they can build on them,” Davis said.
She said they also plan to help implement a revised American Private Enterprise System in the zone’s school systems over the next five years. Led by the college’s Department of Agricultural Economics and Assistant Dean Quentin Tyler, director of the Office of Diversity, the program’s objectives are to increase students’ knowledge of domestic and global economies and prepare them for an active role in business. In addition, CEDIK will create youth civic engagement leadership programs in at least two counties.
The new leadership program, currently being piloted in Bath County, is designed to guide young people through the intricacies of local and state government and introduce them to the importance of entrepreneurship to their local economy. Another program goal is to create vibrant communities by promoting better health and community arts initiatives.
“By the end of the program, these kids will have a better understanding of their community, the opportunities as well as the obstacles,” Davis said. “We want the youth to help create a place where others would want to live and raise their children.”
Finally, CEDIK staff will be continuing their efforts in the community health arena by working with the UK Center for Excellence in Rural Health to assist hospitals and health providers in implementing strategies that address the health needs in their communities.
“I believe this (the Promise Zones program) can make a difference if it is a bottom-up approach, where the communities themselves and the local leaders determine what’s best for their unique assets,” Davis said. “I think the emphasis on youth and the emphasis on a diversified economic portfolio will make a difference.”
The Obama administration named five of what will ultimately be 20 Promise Zones; the other four are in Philadelphia, Los Angeles, San Antonio and the Choctaw Nation of Oklahoma.
Alison Davis, 859-257-7260