Under the direction of the Kentucky Economic Development Partnership Board, the Cabinet for Economic Development today announced it has engaged Boyette Strategic Advisors (BSA), an economic Development consulting firm, to develop a statewide economic development strategic plan. Titled, Kentucky’s Unbridled Future, the plan will provide direction to enhance job creation and investment in the Commonwealth of Kentucky over the next several years.
Governor Steve Beshear today announced a major small business initiative that will provide Kentucky’s small businesses with access to nearly $155 million in new loans to help with job creation across the state.
The Kentucky Small Business Credit Initiative involves three new small business programs implemented by the Kentucky Cabinet for Economic Development to facilitate increased private lending to Kentucky’s small businesses. The programs include: the Kentucky Capital Access Program; the Kentucky Collateral Support Program; and the Kentucky Loan Participation Program.
