small business

Flickr-Creative Commons-Floyd Wilde

A bill signed into law by Governor Matt Bevin is aimed at helping Kentucky veterans start businesses by waiving filing fees.

 

The law applies to veterans and active duty military service members. Veteran owned businesses started after August 1-2018 are exempt from paying filing fees for articles of incorporation, articles of organization, and other documents.

An economic development organization based in Pulaski County is receiving federal grant money to help aspiring small business owners get a leg up.

The nearly $71,000 grant from the U.S. Department of Agriculture will go to The Southeast Kentucky Economic Development Corporation in Somerset. The U.S.D.A's Doug O'Brien told WKU Public Radio the grant will provide technical assistance to entrepreneurs in southern and southeastern Kentucky.

"Many times a small business can be just one person, or a couple of people who really see an opportunity in that part of the country. But maybe they haven't been through the rigors of the small business cycle of budgeting, or how to deal with their workforce needs," said O'Brien.

The Southeast Kentucky Economic Development Corporation serves the counties of Adair, Casey, Clinton, Cumberland, Garrard, Green, Jackson, Knox, Laurel, Lincoln, McCreary, Metcalfe, Monroe, Pulaski, Rockcastle, Russell, Wayne, and Whitley.