2025 Annual Report

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SKED

SKED

Southeast Kentucky Economic Development

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Lending

SKED Awarded $100,000 USDA Grant

Lending | SKED News

June 29, 2026

SOMERSET, KY – Southeast Kentucky Economic Development Corp. (SKED) has been awarded a $100,000 Rural Business Development Grant (RBDG) by the U.S. Department of Agriculture (USDA) Rural Development. The funds Read More

Friends Partner to Open New Childcare Center

Lending |  Success Stories

June 23, 2026

WILLIAMSBURG, KY – Working moms know the importance of quality, reliable childcare. Brittany Nelson and Danielle Bowlin were discussing the lack of high-quality childcare options in their hometown when they realized others were facing the same Read More

Cumberland Mountain RISE Loan Fund Targets New Businesses in Knox, Whitley, Bell and Harlan

Lending |  SKED News

June 4, 2026

SOMERSET, KY – Southeast Kentucky Economic Development Corp. (SKED) announces a new startup business loan fund for a four-county region in Southeast Kentucky. The Cumberland Mountain RISE (Regional Investment in Small Enterprises) Loan Fund Read More

SKED Clients Honored as 2026 SBDC Pacesetter Awardees

Lending |  Success Stories

May 15, 2026

SOMERSET, KY – Three SKED clients were among 12 Kentucky small businesses honored as high performing by the Kentucky Small Business Development Center (SBDC) and Small Business Administration at the annual Kentucky Celebrates Small Business event in Read More

Somerset Man Takes Over Leadership at Lincoln Manufacturing USA, LLC

Lending |  Success Stories

December 18, 2025

STANFORD, KY – A Somerset native is now the president of Lincoln County’s largest manufacturer. For 17 years, Jordan Dick worked confidently and consistently in several different positions at Lincoln Manufacturing USA, LLC (LML). He learned Read More

Stidham Cabinet, Inc. Celebrates 50th Year with Improved Technology

Lending |  Success Stories

June 17, 2025

LAUREL COUNTY, KY – James Stidham enjoys a good challenge. As the CEO and founder of a successful 50-year-old custom cabinet and millwork business, the Laurel County native has faced many challenges. His drive to meet or exceed demanding tasks has Read More

Loan Fund Will Help Businesses Recover from Tornado Damage

Lending |  SKED News

June 2, 2025

SOMERSET, KY – Pulaski, Laurel and Russell County business owners with physical damage caused by the May 16, 2025, tornado can access up to $5,000 in low-interest loan funds through the Southeast Kentucky Economic Development Corporation (SKED) Read More

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Success Story Spotlight

Somerset Man Takes Over Leadership at Lincoln Manufacturing USA, LLC

STANFORD, KY – A Somerset native is now the president of Lincoln County’s largest manufacturer.

For 17 years, Jordan Dick worked confidently and consistently in several different ...Read More

Copyright © 2026. Southeast Kentucky Economic Development. Accessibility. Privacy. Terms. In accordance with federal laws and U.S. Department of the Treasury policy, this organization is prohibited from discriminating on the basis of race, color, national origin, sex, age, or disability. To file a complaint of discrimination, write to: U.S. Department of the Treasury, Director, Office of Civil Rights and Equal Employment Opportunity 1500 Pennsylvania Avenue, N.W., Washington, DC 20220; call (202) 622-1160; or send an e-mail to: crcomplaints@treasury.gov.

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