Southern Kentucky Economic Development Corporation

Somerset KY


Southern Kentucky Economic Development Corporation (SKEDC)"s primary mission is to create jobs in a 27-county region of Southern Kentucky. This mission is enacted through provision of direct loans, small business counseling services, and technical assistance to small business and industry, as well as by offering community and economic development services to local communities.

CDFI 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





Featured Government Grant Resources


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GovLoans is a website created by the United States Federal Government that is designed to serve as the public's gateway to loan program information. One of the several kinds of loans that are featured in the GovLoans website are Disaster Relief loans.







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Opportunity Zones are an economic development tool that allows people to invest in distressed areas in the United States.




Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”









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