KSBDC Program Helps Veterans and Active Duty Military Personnel

LEXINGTON, KY (Jan. 12, 2010) — Over the past year, the Kentucky Small Business Development Center (KSBDC) promoted business ownership to more than 2,450 veterans and active duty military personnel thanks to a grant from the U.S. Small Business Administration. The KSBDC was one of four programs nationally to receive the one-time award.

The program also included promotion to civilian business owners affected by deployments. Some 210 veterans utilized KSBDC consulting services including several who are currently deployed.

In addition, the KSBDC presented two conferences aimed at helping members of the Service-Disabled Veteran Owned Small Businesses understand the goverment contracting process and the importance of business planning in securing contracts. Sessions included contracting, bonding, business planning, and cash flow.

The KSBDC has applied for a second year grant from the SBA.

About the Kentucky Small Business Development Center

The KSBDC is a network of 17 service centers located throughout the Commonwealth that help start-up and existing businesses succeed by offering high quality, in-depth and hands-on services. These services include: no-cost confidential business consultations, affordable business workshops and seminars, research to make informed business decisions and valuable resources. For more information about the Kentucky Small Business Development Center visit www.ksbdc.org.