Small businesses account for 45 percent of state’s private sector workforce, SBDC report shows

The Kentucky Small Business Development Center, in collaboration with the University of Kentucky Community and Economic Development Initiative of Kentucky, released the State of Small Business and Entrepreneurship report. The study provides an overview of the important role small businesses play across the state. Key facts from the report are: — Small businesses account for 45 percent of the...

Business leaders will explore barrier-breaking disruption at ONE: The Alltech Ideas Conference

The Alltech Ideas Conference (ONE17) is gathering top business leaders for an inside look at how to create, and maintain, a successful company. ONE17, held May 21–24 in Lexington, will host dedicated sessions on three of the most critical elements of any business: emerging markets, finance and innovation. “Businesses have the unique challenge of not only staying aware of market trends, but also...

‘Game-changer’: Braidy Industries to build $1.3B mill in Greenup, create 550 advanced manufacturing jobs

Gov. Matt Bevin and executives from Braidy Industries Inc. announced the company will build a $1.3 billion aluminum mill and create 550 advanced manufacturing jobs in Greenup County to produce sheet and plate for the automotive and aerospace industries. The announcement marks a turning point in bringing economic vitality to Eastern Kentucky, and comes just two days after the 53rd anniversary of President...

Keven Moore: It’s spring and the motorcycles are back on the road — don’t become a statistic

It’s spring time and like bears coming out of hibernation, motorcyclists can now be found crisscrossing our streets and roadways as riders are out enjoying the warmer weather and freedom that a bike provides. Unfortunately, the spring season is always the most dangerous time of the year to ride a motorcycle because most operators haven’t ridden their motorcycles in months and their skills are...

More than a pretty face, UK study demonstrates agriculture’s impact on Woodford County’s economy

By Carol Lea Spence Special to KyForward Very few would dispute the beauty of Kentucky farmland in the lushness of spring. But a study by the University of Kentucky’s Community and Economic Development Initiative of Kentucky shows that agriculture is more than just a pretty face. In Woodford County, agriculture and the businesses that support it are responsible for one out of three jobs and $565...

BBB Trends: Dreaming of starting your own business? National Small Business Week coming up

By Sandra Guile Better Business Bureau A dream starts out as just that – a dream, a doodle on a napkin, a far-fetched idea with intangible edges. Then, details of those dreams become clearer and clearer, with practical steps hashed out over a cup of coffee. Concepts are built in basements and garages, backyard sheds and barn floors. A spark is ignited into a passion so strong it drives a person...

Three leaders of industry earn induction into UK Gatton College of Business Alumni Hall of Fame

Surrounded by family, friends and fellow alumni, three exceptional University of Kentucky Gatton College of Business and Economics alumni — Samuel N. Hazen (Nashville, Tennessee), J. Michael Schlotman (Cincinnati, Ohio), and Charles M. Sonsteby (Dallas, Texas) — were inducted into the Gatton College Alumni Hall of Fame. The Gatton College Alumni Hall of Fame recognizes Gatton alumni who have earned...

Frontier Airlines announces new nonstop service from CVG to New York City and Minneapolis

Frontier Airlines added new nonstop service from the Cincinnati Northern Kentucky Airport to New York City’s LaGuardia and Minneapolis/St. Paul Saturday with two inaugural flight celebrations including ribbon-cutting ceremonies and gifts for passengers. Service to LaGuardia now operates daily using 180-seat A320 aircraft. Service to Minneapolis/St. Paul operates four times a week (Monday, Wednesday,...

Care Innovations expanding Louisville operation, creating 24 jobs on investment of nearly $1.7 million

Gov. Matt Bevin and Louisville Mayor Greg Fisher announced that Care Innovations LLC, a telehealth company specializing in designing, developing and optimizing remote care delivery programs, on the planned relocation and expansion of its research and development center, a nearly $1.7 million project expected to create 24 high-wage jobs in Louisville. “Care Innovations located in Prospect 18 months...

Shredding event set for Red Mile Saturday, part of AARP Kentucky’s ‘Operation: Stop Scams’

The AARP Fraud Watch Network and AARP Kentucky are bringing fraud-fighting efforts to consumers in Lexington “Operation: Stop Scams” – with a free community shredding event. Across the country events include: paper-shredding events, fraud education programs – popularly referred to as “scam jams,” Fraud Watch Network background presentations, tele-town halls and phone bank call-out sessions...

Leadership Lexington development program now accepting applications for latest class

Since 1979, Commerce Lexington Inc.’s Leadership Lexington program has been cultivating Lexington leaders, producing nearly 1,400 graduates from this highly informative, educational and results-oriented leadership development program. Graduates of the program have impacted our city in areas such as public art, childhood literacy, healthy living, downtown way-finding signage, hunger relief and more. The...

Labor Cabinet, Health and Safety Network to host Safety and Health Conference in Covington

Co-hosted by the Kentucky Labor Cabinet and the Kentucky Health and Safety Network, Inc., the 33rd annual Governor’s Safety and Health Conference will be held at the Northern Kentucky Convention Center from May 8 – 12. This year will mark the first time that the conference has been held in northern Kentucky. The Conference brings together occupational safety and health professionals from the...

BBB Trends: Spring cleaning includes keeping up with your digital data; update and back it up

By Sandra Guile Better Business Bureau Spring time is a great time of year to add “digital spring cleaning” to your to do list. A NCSA survey found that preventing identity theft is a top safety concern for Americans but there are often other distractions that get in the way of actually getting around to updating security measures. Fortunately, there are several easy steps that everyone can do...

Ashland set to acquire leading provider for health and wellness industries Pharmachem Labs

Ashland Global Holdings Inc. announced Monday that its subsidiary has signed a definitive agreement to acquire privately owned Pharmachem Laboratories, Inc., a leading provider of quality ingredients to the global health and wellness industries and high-value differentiated products to fragrance and flavor houses. Under terms of the stock purchase agreement, Ashland will pay $660 million in an all-cash...

Bluegrass & Backroads: Carriage business just a ‘365-day vacation’ for Jonsie Jones of Bardstown

We’ll introduce you to “Jonsie” Jones, a man whose love of horses has given him a wonderful business that both honors his father and links him to his beloved community of Bardstown. He calls his job a “vacation 365 days a year. Not very many people can say that.” Kentucky is a state defined by its history and noted for a number of things, not the least of which is horse...

STEP grants available for small businesses in Kentucky looking to grow international sales

For Kentucky small businesses looking to begin or grow their international sales, funds are still available through the State Trade Expansion Program (STEP). STEP grants, administered by the Kentucky Cabinet for Economic Development and awarded by the U.S. Small Business Administration, reimburse up to $5,000 in expenses of small businesses as they seek foreign trade opportunities. “For small businesses...

EKU’s Small Business Development Center funds over $3 million in loans and equity this program year

The Small Business Development Center at Eastern Kentucky University has financed more than $3 million in small business loans and equity funds this program year. The center offers a variety of counseling, training, and information programs and services to existing and potential small business owners and supports small businesses by providing consulting services leading to loans and equity investments...

Keven Moore: Surveillance cameras are everywhere, providing protection — but not much privacy

As I recharge the batteries while on vacation overlooking the beach from my rented balcony in Indian Rocks Beach, Florida, I sit in amazement at the world’s evolution. Growing up back in the day when families regularly took vacations, everybody would truly disconnect from the world which they left behind. Once after you hopped in that station wagon and drove out of your neighborhood, nobody...

LexPlastics in Lexington presented with Governor’s Safety and Health Award

Labor Cabinet Deputy Secretary Mike Nemes visited LexPlastics in Lexington Tuesday to present a Governor’s Safety and Health Award for working 483,235 consecutive hours without a lost time injury or illness. “Congratulations to LexPlastics on achieving its first Governor’s Health and Safety Award,” said Labor Cabinet Secretary Derrick Ramsey. “Working this many hours without a significant...

Tax Day: It’s April 18 this year — here are fun facts to lighten your mood while sorting through the code

No one likes Tax Day, except for accountants and Uncle Sam. In fact, disdain for filling out forms and forking over funds to the government drives many of us to contemplate some pretty kooky alternatives. For example, one in five Americans would get an “IRS” tattoo in return for a tax-free future while 6% would name their first-born child “Taxes.” It’s no wonder, either. We’ve spent billions...