Projects and Grants per year
Grants and Contracts Details
Description
Scope of Work – Kentucky Small Business Development Center
The Paducah Area Chamber of Commerce (PACC) is establishing a partnership with the
Kentucky Small Business Development Center (KSBDC) to pay for a business coach based in
Paducah that would provide no-cost coaching, consulting, advising, counseling, and training
services to start-up businesses, existing businesses, and entrepreneurs.
The KSBDC business coach acts as an important extension of our economic development team
to assist Paducah businesses with technical assistance, advising, counseling, and training to
reduce business closures, and help businesses grow. A KSBDC coach can work with businesses
one-on-one on business plan development, financial projections, and other technical details that
are sensitive or confidential. Securing this partnership leverages partnerships and provides
additional services to Paducah businesses in a non-traditional way. This partnership provides
technical assistance that may not otherwise be available.
Agreement Highlights:
• Stakeholder Agreement – The signed agreement will outline the partnership and the
PACC’s $40,000/year match to fund a full-time business coach in Paducah (including full
salary, training, equipment, and access to resources). This match will be counted towards
CORE (account 3200005306 and another to be established).
• KSBDC will provide a scorecard that will be reported back to the PACC, including total
clients served, jobs supported, new business starts, capital infusion, number of coaching
hours, number of training events, number of training attendees, success stories, and many
other data points.
Status | Active |
---|---|
Effective start/end date | 1/1/24 → 12/31/25 |
Funding
- Paducah Area Chamber of Commerce: $80,000.00
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Projects
- 1 Finished
-
Paducah Partnership 2024
Joyce, K. (PI)
Paducah Area Chamber of Commerce
1/1/24 → 12/31/24
Project: Research project