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The Kentucky Product Development Initiative (KPDI) is a collaboration between the Kentucky Cabinet for Economic Development and the Kentucky Association for Economic Development (KAED) and has set the stage for a transformative economic landscape in Kentucky. Designed to empower local governments and economic development organizations, KPDI offers a unique...
Kentucky's economic development receives a significant boost with the opening of the Gallatin County Regional Airport. As the newest addition to the state's list of general aviation airports, this project has garnered excitement among area leaders, who believe it will profoundly impact the local economy. With a vision to become...
An office building owned by Randy and Billie Hayes sat empty off DW Griffith Lane in La Grange, KY.
They hadn’t received a call to fill the space for months, so they began racking their brains for ways to get use out of the facility.
Then it clicked...
Carroll to receive $500,000 EPA grant
Jun 2 2023Carroll County has been awarded a $500,000 grant to determine if at least two locations require environmental cleanup, Gov. Andy Beshear’s office announced last week.
The funds, awarded through the U.S. Environmental Protection Agency (EPA) will be used to determine what actions, if any, are required to remediate the...
The skilled trades are at a pivotal moment in time. More than a decade of understaffing issues remain unresolved as the Great Retirement looms, and current economic uncertainty is shifting budget priorities away from workforce development at many organizations. As for the next decade, the U.S. Bureau of Labor (BLS)...
If there’s one thing that has been consistent with our Shovel Awards from year to year, it’s the fact that nothing gets in the way of progress and good news. Even amid challenging times such as the COVID pandemic, lots of positive developments move forward. The uncertainty we all felt...
Baptist Health is expanding access to mental health services with a $10 million investment to add an inpatient Behavioral Health unit to Baptist Health La Grange. The project will also create a nearby outpatient Behavioral Health practice for additional support.
“Behavioral health” refers to mental health disorders, life stressors...
This is an interesting period in the food processing industry. On the surface, it’s enduring a number of struggles, such as addressing inflation, supply chain issues, lack of workforce, energy costs, etc.
But the industry always has one ace in its deck of cards, no matter the problems: people...
Today, Gov. Andy Beshear highlighted Kentucky’s continued economic success as Site Selection magazine placed the commonwealth at No. 1 in the South Central region of its newly released 2023 Prosperity Cup rankings, moving up two spots from last year’s third place position. Kentucky also placed in the top five nationally...
Advantages of Doing Business in a Rural Area
May 22 2023When it comes to doing business, countless factors come into play, from access to capital to workforce availability to market demand. However, one element that is often overlooked is the location of the business itself. While many entrepreneurs and investors flock to urban centers in search of opportunities, there are...
Setting up a business is a challenge. Managing the paperwork, accounting, and regulations alone can be daunting to an entrepreneur, not to mention the essential capital requirements every business needs to kick-start operations. Where can new business owners turn to get their questions answered?
This is where the Kentucky...
Celebrating the Entrepreneurial Spirit: National Small Business Week with Kentucky I-71 Alliance
May 6 2023Small businesses are crucial in fostering economic growth, innovation, and employment opportunities. Small Business Week has emerged as a significant annual event to celebrate and support these entrepreneurial ventures. For over 50 years, the Small Business Administration (SBA) has celebrated National Small Business Week, recognizing the critical contributions of America’s...
New ‘Supply Kentucky’ Initiative Ensures the Commonwealth’s Supply Chain Will Continue to Thrive
Mar 24 2023Kentucky is building on its record economic momentum and taking steps to ensure its manufacturing supply chain is more connected than ever. On March 6, Gov. Andy Beshear announced the “Supply Kentucky” initiative, a renewed effort to boost job growth, reduce operational costs and provide more security for the supply...
Kentucky Second Nationally in Economic Projects Per Capita, First in South Central Region
Mar 23 2023Kentucky’s economy is booming, according to Site Selection Magazine’s new 2022 Governor’s Cup rankings.
The Commonwealth placed second nationally in 2022 — up from ninth in 2021 — in economic projects per capita, trailing only Kansas. The Bluegrass State also placed second in the South Central region for overall...
Today, Gov. Andy Beshear said up to $34 million in state funds are one step closer to being distributed to develop land and buildings in local communities to support new, good-paying jobs and economic growth across Kentucky.
There are 54 site and building development projects moving forward in the...
The final senior project from the UK College of Agriculture, Food and Environment Department of Landscape Architecture students takes a different approach for the development of downtown Carrollton.
Read the complete article from The News Democrat here.
Key Steps to Satisfying Workforce Needs
Mar 1 2023According to the Bureau of Labor Statistics most recent report released on March 10, 2023, the unemployment rate for March was 3.5 percent. The unemployment rate has hovered at this level over the last 12 months, ranging between 3.5 percent and 3.7 percent, except for in January 2023 where it...
We are proud to release the beautiful new design of our suite of nine standalone GIS data tools, known as Intelligence Components. These powerful interactive data tools can be quickly and easily added to any of your web pages, drawing more visitors, and keeping them engaged with intuitive research, analysis...
Talent recruitment and workforce development is top of mind for economic developers looking to meet the needs of growing companies, while ensuring their community can support additional business growth and attraction. Those who are fortunate to have strong partnerships with local community colleges may find that programs are already in...