A nonprofit publication of the Kentucky Center for Public Service Journalism

Community Ventures receives $450K from SBA to support Kentucky entrepreneurs, small businesses

Kentucky small business owners and entrepreneurs received a much-needed boost this week in the form of subsidized training and business development support through Community Ventures, who was awarded a $454,000 grant from the U.S. Small Business Administration (SBA). The SBA funded this award to Community Ventures to provide pre-loan and post-loan training and technical assistance to small business...

Community Ventures receives Microlender of the Year award from Kentucky Small Business Administration

Community Ventures was recognized as the SBA Microlender of the Year by the Kentucky Small Business Administration (SBA) for the 17th year in a row. Community Ventures Kentucky’s recognizable impact in lending throughout the Commonwealth of Kentucky has paved the way for them to be recognized again this year. This past year, Community Ventures made 103 microloans to borrowers, totaling $787,950. The...

Community Ventures awarded $749,000 to issue loans to small-business owners in Kentucky

Community Ventures received $749,000 for a new loan program that will provide much-needed business loans to small-business owners and entrepreneurs throughout Kentucky. This past month, the United States Department of the Treasury’s Community Development Financial Institution (CDFI) Fund announced the 321 recipients of its FY 2019 Financial Assistance (FA) Awards, naming Community Ventures among...

New documentary series takes in-depth look at Kentucky’s role in leading the Hemp comeback

From salves and CBD to food and fiber, hemp is making a comeback in the United States as a major cash commodity — and Kentucky is leading the way. “I think that there’s a lot of interest in what Kentucky is doing for CBD and hemp because it’s such a beautiful drop-in replacement for tobacco farmers,” said Chad Rosen, Founder and CEO of Victory Hemp Foods, based out of Carrollton. “Not...

Google bringing economic opportunity initiative, ‘Grow With Google,’ to Erlanger, Bowling Green

Google is bringing its economic opportunity initiative, “Grow with Google,” to Kentucky in July with stops in Erlanger and Bowling Green. “Grow with Google” is hosting free, daylong workshops at libraries in Erlanger (July 17) and Bowling Green (July 19) to help local job seekers, small business owners, educators and entrepreneurs improve their digital skills. The July 17 session will take...

Applications now being accepted for 10th annual Venture Sharks business pitch competition

Venture Connectors has announced that applications for its 10th annual Venture Sharks business competition are now open. Early-stage companies and entrepreneurs are invited to compete for a $5,000 cash prize, one year of startup coaching and thousands of dollars of in-kind services, provided by the competition’s sponsors. Vogt Invention & Innovation Fund returns this year as the competition’s...

Awesome Center for Entrepreneurship to lead Central Kentucky regional business innovation hub

Gov. Matt Bevin has announced that the KY Innovation office has selected Awesome Center for Entrepreneurship (ACE) as the leader of a regional hub to serve, attract and develop more innovative entrepreneurs and startup businesses. ACE will spearhead the second of KY Innovation’s newly formed Regional Innovation for Startups and Entrepreneurs (RISE) partnerships, part of KY Innovation’s 120-county...

Kentucky Cabinet for Economic Development executives featured at Venture Connectors lunch

On Oct. 3 in Louisville, Venture Connectors will feature Terry Gill, secretary of the Kentucky Cabinet for Economic Development, and Brian Mefford, executive director of the Cabinet’s Office of Entrepreneurship, and they will share how their office is working to cultivate programs and support for the commonwealth’s entrepreneurs, small business owners and startups. The Office of Entrepreneurship...

Several organizations join forces to boost footprint of Kentucky’s creative entrepreneurs

Kentucky artists, creative entrepreneurs and other small businesses that fall within the realm of the creative industry can attain comprehensive business skills and training provided by a partnership dedicated to boosting the footprint of Kentucky’s creative and artist businesses.   The Kentucky Arts Council, Berea Tourism, Mountain Association for Community Economic Development (MACED) and...

Governor's School for Entrepreneurs will be hosted by Georgetown College in 2015, 2016

  Georgetown College will host the Governor’s School for Entrepreneurs for another two summers beginning in 2015.   The two-year extension of GSE on Georgetown’s campus for Kentucky high school students has been announced by the Kentucky Science and Technology Corporation, which manages the program. GSE started in 2013 with Georgetown College as the host site.   GSE exposes young...

Innovation and Entrepreneurship:
It isn’t just about owning your own business

By Eric Patrick Marr KyForward columnist   Entrepreneurship means saying “Yes,” instead of “No.”   The narrow definition we’ve almost always held for entrepreneurship is “owning your own business.” But that comes across as elitist, as if those who work for themselves are higher (better? smarter?) than everybody else.   Entrepreneurship is not “a...