A nonprofit publication of the Kentucky Center for Public Service Journalism

Kentucky SBDC partners with Shopify to provide e-commerce resources for small businesses

The Kentucky Small Business Development Center announced an e-commerce initiative with the support of the leading global e-commerce platform, Shopify, in an effort to assist in the online presence of Kentucky small businesses. Entrepreneurs and business owners can expect a series of free webinars, tools, training and tutorials that will present great potential for online success – a necessity during...

Beshear furthers commitment to supporting innovators, small businesses across Kentucky

Gov. Andy Beshear has taken another step in growing Kentucky’s startup ecosystem, announcing KY Innovation – the commonwealth’s office for entrepreneurial and small business support – and authorized an additional $2.6 million in funding to six public-private partnerships focusing on key regions throughout the state. Known as the Regional Innovation for Startups and Entrepreneurs (RISE) program,...

Community Ventures awarded $135,000 for Appalachian businesses impacted by COVID-19

Community Ventures will receive a financial boost from the Appalachian Community Capital (ACC) in partnership with the Appalachian Regional Commission (ARC) for a new project targeted at small town businesses impacted by the economic crisis caused by COVID-19. ACC awarded $3.56 million in grants under an Emergency Business Response Assistance Program to strengthen and stabilize 31 Regional Community...

Chamber of Commerce survey of state businesses details employer expectations as economy reopens

In the midst of the COVID-19 pandemic, the Kentucky Chamber of Commerce surveyed 443 businesses across the Commonwealth in attempts to illustrate the virus’s impact on the business community. The Chamber invited businesses from across the state to provide their feedback over a 10-day period from April 10-April 20. The majority of responses came from small businesses with more than 65 percent of surveys...

Marcum-Hofstra CEO Survey: Coronavirus takes toll, especially on small- and medium-sized businesses

Staff report Across the country, the Coronavirus continues to take its toll. This is true for individuals, communities, and businesses. Especially hard hit are small- and medium-sized businesses who often lack the contingency planning and reserve capacity to weather economic uncertainties, much less biological crises. The difficulties now faced by business were recently documented in a study completed...

Rep. Chris Harris: General Assembly must take action to help Kentucky’s families, small businesses

Tragically, due to the COVID-19 virus, tens of thousands of Kentuckians will likely lose their jobs and thousands of our small businesses – from manufacturing and restaurants to apparel shops, beauty salons and gyms – will suffer financial hardship, some total devastation. We, as members of Kentucky’s General Assembly, must do what we can to minimize their pain. This health crisis will impact...

Ashli Watts: State businesses are stepping up in the fight against COVID-19; we will get through this

I don’t think any of us could have imagined what has transpired over the last week. The coronavirus has not only plagued the world as a public health pandemic, but it has very quickly devastated our economy and upended our normal business and daily routines. Our new reality includes shocking statistics like more than 9,000 people filing for unemployment insurance benefits in Kentucky in a single...

Kentucky Proud launches statewide 2019 holiday ad campaign to showcase Kentucky farm products

Kentucky consumers are reminded that “the freshest gift ideas come from Kentucky farms” in the 2019 Kentucky Proud holiday advertising campaign that will launch statewide next week. “Kentucky Proud products make unique, thoughtful gifts from the Commonwealth we all love,” Agriculture Commissioner Ryan Quarles said. “Buying Kentucky Proud also helps support Kentucky farm families and small...

Murray State University establishes new Center for Economic and Entrepreneurial Development

Murray State University has established the Center for Economic and Entrepreneurial Development, a new initiative that will provide regional training and consulting support for small businesses, entrepreneurship and industry and explore student learning and employment opportunities through those relationships. Located inside the Arthur J. Bauernfeind College of Business and led by Mr. Chris Wooldridge...

Kentucky Chamber of Commerce initiative to help small businesses manage health care costs

With health care costs hitting small employers particularly hard, many Kentucky organizations have found themselves struggling to offer health benefits to their employees. The latest health plan offered through the Kentucky Chamber of Commerce aims to solve that problem through a new type of health plan that allows multiple smaller employers to join together to achieve savings. The health plan, called...

BBB Trends: Dreamers welcomed; SBA says small businesses create 2-of-3 new jobs each year in U.S.

By Sandra Guile Better Business Bureau Small businesses create two out of three new jobs in the United States each year, according to the Small Business Administration -— just one of many examples of the way small businesses have been positively impacting our economy for decades. It was in 1963 that the United States Administration set aside an entire week to recognize small businesses; since then,...

Matt Partymiller: Monopoly utilities trying to force anti-consumer legislation through Senate Bill 100

Once again, monopoly utilities are trying to force anti-consumer and anti-competitive legislation through the General Assembly – this time at breakneck speed. Senate Bill 100 would strengthen an already monopolistic industry and greatly increase bureaucracy and regulations. It would destroy the current net-metering law, which not only gives Kentuckians the freedom to choose, but benefits all consumers...

Daily Yonder: Study shows rural towns fare better with Wal-Mart than without retailer

By Kenneth Stone Special to KyForward   Editor’s Note: In 1988, Iowa economist Kenneth Stone conducted the first study of the impact of Wal-Mart stores that were then springing up across rural America.   Stone’s original conclusion was that, yes, Wal-Mart took business from local retailers. But, he found, if local retailers could differentiate themselves from the selection of goods...