Carl Nathe

By

College: Agriculture, Food and Environment

UK-based KSBDC Helps Small Businesses Statewide

Published: Jan 9, 2014

LEXINGTON, Ky. (Jan. 9, 2014) — As important economic contributors, small businesses employ more than 40 percent of Kentucky's workforce and represent 98 percent of the state's firms. For nearly 15 years, Becky Naugle has served as director of the Kentucky Small Business Development Center (KSBDC) network, now based within the University of Kentucky College of Agriculture, Food and Environment.

 

"Looking at the mission of the KSBDC, we are helping people start businesses, grow them, become more profitable, and make sure they are successful — supporting the small business owner but also looking at the larger impact they have on the economy," Naugle said.

 

Recent independent research found that small businesses assisted by the KSBDC are growing at a much faster rate than the average Kentucky firm. And, of the businesses receiving services from the KSBDC, 95 percent stated the services were beneficial and 98 percent would recommend them.

 

"We are a very unique network within the state," Naugle said.  "We partner with all of the regional universities. We have 15 offices across the state — the plan is you will never be more than an hour away from a KSBDC location. Being a statewide network, we also have a lot of shared resources, so there are so many things that we can do. You really can get services anywhere in the state and usually there is no wait at all — we can get you right in and get you services and support."

 

There is a very important distinction between the KSBDC network and other entities.

 

"We do not lend money and we do not give grants, and in some ways that is very helpful to our clients because we are an objective third party," explained Naugle. "We don't have a vested interest in a loan or a grant for you, but what we can do is really look at what's best for that business owner, help them look at what their capital needs are, and then look at what are the different avenues to approach that."

 

The KSBDC helps businesses understand ever-changing government regulations. And what surprises people the most when they inquire about the KSBDC?  Naugle says it is the amount of work the KSBDC does with existing businesses.

 

"We are pretty well known for our startups and we have lots of tools, resources, and guides for individuals who want to start a business, but we also offer a lot of services for existing businesses to consider -- financial analysis, looking at market research, or to help them explore what other resources are out there," Naugle said.

 

For more information about services available from the Kentucky Small Business Development Center network, visit the organization's website at www.ksbdc.org.

 

 

 

MEDIA CONTACT:  Carl Nathe, 859-257-3200; carl.nathe@uky.edu.

 

 

becky_naugle_pacestters_2.jpg
September
 
1
Employee Educational Assistance Award
Labor Day - Academic Holiday
Mon
2
Employee Educational Assistance Award
Internship Info Session
Student/Faculty/Staff Mixer
Tue
3
Employee Educational Assistance Award
LNFS Presents: The Wolf of Wall Street
Last Day to Add a Class
Last Day to Drop a Course with 80% Refund
UK Volunteer Fair
Wed
4
LNFS Presents: Children of Men
LNFS Presents: How To Train Your Dragon 2
Black and Latino Male Initiative
Advance Your Swagger: A Night with Fonzworth Bentely
Thu
5
Kentucky Volleyball vs. Northern Iowa
Kentucky Volleyball vs. USC
LNFS Presents: Spirited Away
LNFS Presents: Mulan
Fri
6
Free Saturday Swing Dance Lessons
Kentucky Football vs. Ohio
#maxfest (Ukirklex Campus Ministry)
Kentucky Volleyball vs. Creighton
Lets Swing Dance!
Sat
7
Kentucky Women's Soccer vs. Morehead State
Sun
8
Diversity Organization's Council
Kosher/Soul? (Jewish, African American & Appalachian culture Fuse)
Mon
9
Working Moms Connection
Job Club - Job Search Strategies for Fall
Rock Star Professionalism Series
Tue
10
Massage on the Go
College: Do the Right Thing- A conversation with Dr. Smith
The Future of Islam
LNFS Presents: Fight Club
Wed
11
9/11 Vigil
UKNABJ presents: Ferguson, Missouri: A look at media, politics and black youth in the U.S.
LNFS Presents: Mr & Mrs Smith
Duo Damiana, Molly Barth and Dieter Hennings
LNFS Presents: 22 Jump Street
Thu
12
LNFS Presents: Searching For Sugarman
LNFS Presents: Sin City
Fri
13
Free Saturday Swing Dance Lessons
Men's Soccer vs. ETSU
Sat
14
Kentucky Women's Soccer vs. Pepperdine
Sun
15
Kentucky Week Farmer's MarCat and Craft Fair
Majestic U.N.I.T.Y.
Mon
16
Justice Delayed not Justice Denied: A Talk with Dough Jones
PRHBTN Gallery Reception and Concert
Men's Soccer vs. Xavier
Chellgren Seminar Series: Buck Ryan
Tue
17
Internship Info Session
Last Day to Drop a Course Without Appearing on Transcript
Caregiver Support Group
LNFS Presents: The Immigrant
Big Blue Commonwealth
Wed
18
LNFS Presents: Watermark
LNFS Presents: X-Men: Days of Future Past
Ryan Gardner Guest Trumpet Recital
Kentucky Volleyball vs. Lipscomb
Thu
19
LNFS Presents: A Band Called Death
LNFS Presents: Prisoners
Men's Soccer vs. Furman
Fri
20
Rock Climbing @ Red River Gorge
College of Pharmacy Open House
Kentucky Volleyball vs. Xavier
Sat
21
 
Sun
22
Diana Ferrus: 'Writing poetry has allowed me to live': Cultural Resistance in South Africa
Kentucky Law Schools Forum
Mon
23
Pinterest Party
University of Kentucky Chamber Winds
Employer Showcase
Job Club - 10 Questions to Ask Prior to Starting a Business
Men's Soccer vs. Lousville
Tue
24
Employer Showcase
Last Day to Drop a Course with 50% Refund
UK Elder Care Lunch & Learn
BPH Open House
LNFS Presents: Saving Mr. Banks
Wed
25
LNFS Presents: Culture Jam
LNFS Presents: Maleficent
¡Baila!
Thu
26
LNFS Presents: Ponyo
LNFS Presents: The Little Mermaid
Opening Night Bohemiam Festival
White Water Rafting @ Chattooga River
Women's Soccer vs. Mississippi State
Fri
27
White Water Rafting @ Chattooga River
Kentucky Football vs. Vanderbilt
Free Saturday Swing Dance Lessons
Swing Dancing!
Sat
28
White Water Rafting @ Chattooga River
UK Chorale
Dirty Dancing Trip
Kentucky Women's Soccer vs. Auburn
Sun
29
 
Mon
30
#TrendingTopics: Immigration Reform
Apollo Duo - Flute and Percussion Guest Recital
Tue
 
 
 
 
Reset Page