SKED awarded $1.3M grant to expand SEED
SOMERSET — Southeast Kentucky Economic Development Corp. (SKED) will expand its successful Supplier Education & Economic Development (SEED) training program in 2019, with funding from the Appalachian Regional Commission (ARC).
“This ARC grant will continue the business development work provided by SKED to help prepare local companies for bigger business opportunities with the federal government,” said Congressman Hal Rogers, who launched SKED in 1986 to enhance economic development in Southern and Eastern Kentucky. “Over the last two years, the SEED program has provided local manufacturers with a face-to-face introduction to some of the top defense and automobile contractors in the country. I applaud the ARC for investing in this unique program to help create jobs in Kentucky’s Appalachian region.”
SKED is one of 10 non-profit organizations in Kentucky receiving funding announced this month, as part of the ARC’s POWER (Partnerships for Opportunity and Workforce and Economic Revitalization) Initiative.
Key partners in the SEED program are: Advantage Kentucky Alliance (AKA), which provides the training, and the Kentucky Procurement Technical Assistance Center (KYPTAC), which assists participating companies in developing new business relationships with federal prime contractors.
SKED will use its $1.3 million award to expand the reach and capacity of the SEED Program. Now in its third year, SEED’s training and support services are designed to improve the competitiveness of manufacturing companies in coal-impacted counties of Eastern Kentucky and will help them acquire the competence needed to win government and private contracts.
The AKA is a statewide, nonprofit partnership that provides assistance and training to help manufacturers of all sizes grow, improve their manufacturing and business strategies and processes, adopt advanced technologies, increase productivity, reduce costs, and improve competitiveness.
The organization is led by Center Director Scott Broughton. Broughton also worked with SKED in 2018 through the SEED: Quality Certification Program.
KYPTAC serves all 120 counties, as well, and provides free, highly personalized procurement assistance to small business owners. Executive Director Darrall Henderson has worked closely with SKED in the deployment of its SEED training over the past two years.
“Our organization has found a great partner in SKED and its SEED program,” Henderson said. “This funding will not only allow this partnership to continue in 2019 but will allow us to expand the program, by adding a counselor to specifically serve the SKED region. This will allow us to reach more business owners, create more connections and deploy more training across Southern and Eastern Kentucky.”
Some 40 small business owners from across the region have participated in SEED training, since its inception in 2017. With this funding, SKED will expand its SEED services to reach even more Eastern Kentucky businesses.
For more information about the SEED program or other SKED services, contact Traver at 606-677-6100 or firstname.lastname@example.org.