U.S. Congressman Hal Rogers (KY-05) announced today that the U.S. Department of Agriculture (USDA) has awarded a $251,848 Rural Business Enterprise Grant to Morehead State University (MSU). This funding will be used to enable the University’s East Kentucky Small Business Development Centers (SBDC) in Morehead, Ashland and Pikeville, to continue providing business resources to stimulate the economy and spur job growth in southern and eastern Kentucky.
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“With these USDA funds, MSU, through these regional small business development centers, will be able to expand an 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 with constantly changing market dynamics, our industry leaders must stay ahead of the curve, understand their financing options, and constantly innovate with new techniques and business plans to bolster operations. This assistance translates into job creation, cost-savings, and business growth for the citizens of Southern and Eastern Kentucky.”
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MSU’s East Kentucky Small Business Development Centers serve a 25-county area in eastern Kentucky. The centers provide one-on-one counseling, technical assistance, and group training programs for small and emerging businesses in the service region. In addition, the funds will be used for a Regional Entrepreneur Conference and a Women’s Business Symposium.
This grant was provided by the United States Department of Agriculture (USDA) Rural Development
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