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The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 12 offices located throughout the state. The center helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is an accredited partner program with the U.S. Small Business Administration. For more information on KSBDC visit https://www.ksbdc.org.
An independent study conducted by James J. Chrisman, professor of management at Mississippi State University, finds once again that the Kentucky Small Business Development Center continues to make a significant positive impact on the state’s economy.
SBIC- Small Business Investment Companies
SBICs must invest 50% of their capital in businesses located in underserved communities, the education sector, or the clean energy sector.Â
Last year, about one-quarter of the American small businesses SBICs financed were owned by minorities, women, and veterans — or conducted business in HUBZones, which are rural or distressed urban areas, and other Competitive Opportunity Gaps.