SKED to works with SBDC to bring small business training to region


Staff Report



PAINTSVILLE – Southeast Kentucky Economic Development (SKED) will partner with Morehead State University’s Small Business Development Center (SBDC) to bring its Entrepreneurial SMARTS course to the Johnson County area in April.

SKED’s Entrepreneurial SMARTS training program will be held in Paintsville April 7, April 13, April 21 and April 28 at the Johnson County Cooperative Extension Office, located at 826 FM Stafford Ave., Paintsville.

MSU’s SBDC will provide dinner for each of the four classes.

Entrepreneurial SMARTS is a four-session, 12-hour course designed to provide entrepreneurs with the knowledge and resource materials they need to get a new small business off the ground. This training also provides owners of existing small businesses the skills they need to become more successful and grow their businesses.

To date, 472 aspiring entrepreneurs and small business owners have completed entrepreneurial SMARTS training in 39 sessions held across the 45 counties in SKED’s service area.

This unique and useful training is made possible thanks to a partnership between SKED and the Appalachian Regional Commission (ARC).

The next training session scheduled will be held in Morehead: August 1, 8, 15 and 22 at the Innovation Launchpad, located at 149 East Main St., and in Middlesboro at the Southeast Kentucky Community and Technical College, 1300 Chichester Ave., Middlesboro, on Sept. 6, 13, 20 and Sept. 24.

SKED staff conducts the entrepreneurial and small business training program – Entrepreneurial SMARTS: Simple Methods And Reality-based Training for Success – which is based on a nationally recognized training program called Core Four® Business Planning Course.

“Entrepreneurial SMARTS has been a great success throughout Southeast Kentucky, as our instructor and the training provided by the program has touched more than 400 lives and helped shore up their future endeavors,” said Brett Traver, SKED executive director. “As we look to grow the economy of Southeast Kentucky, entrepreneurs will be the ones to lead the way. Nowhere else can entrepreneurs receive such valuable training at so little cost. We are proud to partner with ARC on this training once again.”

Graduates include owners of existing small businesses, folks working to open their own small business in the near future, entrepreneurs seeking some direction on the basics of starting and managing a small business, retirees, college students, employees of nonprofit organizations seeking education and training to more effectively assist their constituents and people who are unemployed and seeking an alternative to the traditional job market. Anyone interested in learning about starting and successfully operating a small business is encouraged to participate.

During the classroom-style training sessions, entrepreneurs and small business owners are instructed in how to create a business plan including basic knowledge about starting, financing and operating a business and planning for success. Class participants are also given the tools needed to determine if business ownership is for them.

Existing small business owners receive the support they need to advance the growth of their business and operate a solid, reliable investment. Upon successful completion of this training, participants receive a certificate recognizing their achievements and are eligible to apply for business startup or expansion funding from SKED’s loan funds.

This nationally recognized course is valued at $250 per student. However, due to financial support through a grant from the ARC, combined with financial support from SKED, participants pay $25 per person.

In addition, each participant receives a valuable Core Four® Business Planning Course manual and numerous resource materials.

For information about entrepreneurship training, contact Amanda Kelly at 606-416-2008 or email at akelly@centertech.com. For more information or to register for SMARTS training, visit www.southeastkentucky.com and click on the “Training” link.

Staff Report

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