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Southern Kentucky Economic Development Corporation
Somerset KYCDFI Awards for Southern Kentucky Economic Development Corporation
CORE (2001) - $500,000
SKEDC will use its $500,000 CDFI Fund award (loan capital) to re-capitalize its Small Business Loan Fund that promotes business development and the creation of job opportunities in southern Kentucky.
CORE (1998) - $500,000
The CDFI Fund"s investment will be used to capitalize a new loan pool to make loans to very small businesses, with an emphasis on the service and retail sectors.
Other Community Development Financial Institutions in Kentucky
CNC Development Corporation, Inc.
Paintsbille
Community Ventures Corporation, Inc.
Lexington
Louisville Development Bancorp, Inc.
Louisville
Featured Government Grant Resources
Community Development Financial Institutions
Community Development Financial Institutions are basically financial institutions who possess the ability to provide credit and financial services to underserved industries and communities.
Small Business Innovation Research Phase IIB Bridge Awards
In line with this mission, the NIH has recently constituted the Small Business Innovation Research Phase IIB Bridge Awards to Accelerate the Development of Cancer Therapeutics, Imaging Technologies, Interventional Devices, Diagnostics, and Prognostics Toward Commercialization Program.
Social Entrepreneurship
Spotlight
5 P’s of Social Entrepreneurship
Monika Mitchell, founder of Good Business New York, asks, Do You Have What it Takes to Be a Social Entrepreneur? She lists down the five P’s essential in every entrepreneur: Passion. Purpose. Plan. Partner. Profit.
