A nonprofit publication of the Kentucky Center for Public Service Journalism

Republic Bank’s $3 million Community Loan Fund helping small businesses in challenged communities

The $3 million Community Loan Fund that Republic Bank and Trust Company announced this summer is putting dollars into the communities the bank serves. “We’re off to a great start,” said Steve Trager, Chairman and CEO of Republic. “Ninety days ago, we decided we needed to provide more support and promote business development and job creation in low-to-moderate income communities and in just...

Report shows digital safety net helps Kentucky small businesses survive during COVID-19

The Connected Commerce Council (3C) has released a report detailing the existence and importance of the small business “Digital Safety Net” to businesses in all 50 states. The report confirms that small businesses using more digital tools, technologies, and online marketplaces are doing better during the COVID-19 pandemic. Those who embrace digital tools early and integrate them more are doing...

KHC’s Edwin King to join Federal Reserve Bank of Cleveland’s Community Advisory Council

Edwin King, executive director of Kentucky Housing Corporation, has been selected to serve on the Federal Reserve Bank of Cleveland’s Community Advisory Council. The Community Advisory Council (CAC) is responsible for research, analysis, and engagement on economic issues facing underserved and lower-income individuals and communities across the federal Fourth District, comprising of Eastern Kentucky,...

Keven Moore: Small business are lifeblood of our economy, need to protect from pitfall of no insurance

Small businesses are the lifeblood of our economy, and every major company was once a small business. Some of the more notable businesses started in a garage such as the likes as Amazon, Apple, Google, Harley Davidson, Disney, Mattel, Yankee Candle, Hewlett Packard, and more. There are some 28 million small businesses in America and approximately 543K new businesses are started each month, of which...

Commentary: Kentucky paves the way for new technologies to help boost small businesses

By Tyler Campbell Special to KyForward It is certainly no exaggeration to say that small businesses form the backbone of our state’s economy. That’s why it is so important that our elected leaders in Frankfort do everything possible to help these small businesses thrive in a 21st century environment. Small businesses are a key driver of Kentucky’s economy, and the numbers tell the story. The...

Commentary: Accepting credit, debit cards keeps customers happy, helps grow business

By Renee Brewer Special to KyForward   As the owner of Wine + Market in downtown Lexington, I have built a successful business by adapting to my customers’ preferences and ensuring that they have a satisfying experience. That way, they continue to choose my wine shop instead of one of the many others in our city.   Over the past few years, my customers have increasingly preferred to pay...