The following is a press release from the U.S. Small Business Administration. WASHINGTON – Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available to businesses and residents in Kentucky following the Read More
News
SKED Creates Emergency Business Loan Fund
August 3, 2022
SOMERSET, KY – Eastern Kentucky business owners impacted by recent flood damage can access up to $5,000 in low-interest loan funds, thanks to a new emergency financing program created by SKED. Leadership at the 36-year-old nonprofit lender began assessing the flood’s effects on its current loan clients in the affected area on Monday morning. It Read More
SKED Announces Designation of New Tourism Growth Fund
SOMERSET, KY – Southeast Kentucky Economic Development Corporation (SKED) announces the designation of a $1 million loan program designed to give the region's tourism-related business owners the financing and free business counseling they need to get Read More
Burgess is New SKED Director of Lending
SOMERSET, KY - Veteran commercial lending officer Bob Burgess has been hired as SKED's new Director of Lending. The Pulaski County resident began work at the 36-year-old nonprofit business lender this week. He brings with him nearly 20 years of Read More
Allen is New SKED Board Director
SOMERSET, KY – A longtime University of the Cumberlands (UC) staff member is the newest member of the Southeast Kentucky Economic Development Corporation’s (SKED) Board of Read More
Wright is New SKED Board President
SOMERSET, KY – A veteran energy executive has been elected to lead the Southeast Kentucky Economic Development Corporation’s (SKED) Board of Directors. Carol Wright, president and CEO of Jackson Energy Cooperative, was Read More
SEED Training Helping Cohort Leaders Diversify
STEARNS, KY – Supply chain problems become less of an issue when businesses subcontract with a manufacturer located two counties away. Just ask Steven Richards, owner of Crossroads Railcar Services, Inc. Richards is one of four business owners Read More
Success Story Spotlight
SKED Helps Pulaski Woman Sell Her Products Online
Kimberly Rogers doesn’t trust the future of her beloved small business to just anyone. The Pulaski County resident and Piccoli Horses™ owner has worked with SKED since its inception in 2016. From the begin...Read More