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Writer's pictureKrista Buckel

Lexington-Fayette Urban County Government Funding Supports Growth of Women, Minority-Owned Small Businesses


 FOR IMMEDIATE RELEASE

Media Contact:

Krista Buckel

859-231-0054 x1034

   

LEXINGTON KY. (October 1, 2024) – The Lexington-Fayette Urban County Government (LFUCG) awarded an Economic Development Partnership Services grant to the Women’s Business Center of Kentucky (WBC) to support the growth of women or minority-owned small businesses.

 

These funds will allow aspiring women-owned and minority-owned entrepreneurs and small business owners to receive training, business coaching, access to financing, and resources to start a business provided by WBC.

 

With these funds, the WBC will be able to increase the number of registered small businesses, create jobs, and enhance the business skills within the community by providing small business owners and entrepreneurs with access to free one-on-one confidential business counseling, 12 annual business builder workshops, WBC online learning platform, Strong Women Strong Coffee networking events, and an annual Women in Business Expo.

 

“For 13 years, WBC has been helping women entrepreneurs, especially those who are economically or socially disadvantaged, to start and grow businesses in Kentucky,” said Devanny King Executive Director of the Women’s Business Center of Kentucky. “We are grateful to Lexington-Fayette Urban County Government for this funding, and we look forward to working alongside aspiring entrepreneurs and small business owners to help them achieve their business dreams.”

 

“Helping small business is a great way to help our economy grow,” Mayor Linda Gorton said. “Despite the obstacles they often face, women- and minority-owned businesses pack a powerful economic punch and employ many residents in Lexington. It makes sense for us to support them, and help level the playing field.”

 

Entrepreneurs and small business owners interested in being supported by the WBC can become clients by visiting



 

To learn more about WBC, visit https://www.wbckentucky.org/

 

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About Women’s Business Center of Kentucky: Founded in 2011, the Women’s Business Center of Kentucky helps women entrepreneurs, especially those economically or socially disadvantaged, start and grow businesses in Kentucky. The WBC is partly funded through a cooperative agreement with the U.S. Small Business Administration and hosted by Community Ventures Corporation, a private, non-profit community development organization. 

 

About Community Ventures: Founded in 1982 as a community-based, non-profit organization, Community Ventures (CV) strengthens communities and improves the overall quality of life for Kentuckians by supporting job creation, small business ownership, and home ownership. CV is headquartered in Lexington with branch locations in Bowling Green, Campbellsville, Louisville, Mayfield, Millersburg, and Owensboro. For 21 consecutive years, CV has been named Microlender of the Year by the Kentucky Small Business Administration.

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