SKED to Receive USDA Funds for Business Development Assistance

Press Release

SKED to Receive USDA Funds for Business Development Assistance

U.S. Congressman Hal Rogers (KY-05) announced today that the U.S. Department of Agriculture (USDA) has awarded a $99,000 Rural Business Enterprise grant to the Southern Kentucky Economic Development Corporation (SKED). This funding will allow SKED to increase the substantive level of technical assistance provided to local entrepreneurs and innovators striving to start up and operate successful businesses in the region.

"With these USDA funds, SKED will be able to expand its already extensive mission by putting invaluable professional consulting resources and important business analyses directly into the hands of local companies," Rogers said. "In a global economy, our industry leaders must stay ahead of the curve and constantly innovate with new techniques and business plans to bolster operations. This assistance translates into job creation and business growth for the citizens of Southern and Eastern Kentucky."

SKED is a non-profit organization charged with encouraging economic development and job creation throughout the 42-county area in Southern and Eastern Kentucky. Begun by Rogers and likeminded business and community leaders in the region 23 years ago, SKED is also one of the key components of The Center for Rural Development in Somerset.

This grant was provided by the United States Department of Agriculture (USDA) Rural Development Program. Rogers supports funding of the USDA through his role as a senior member of the House Appropriations Committee.

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