A new half-million dollar microloan program is seeking small businesses and entrepreneurs in the region. Marta Elliot, Purchase Area Development District Business Lending Director, and Chris Wooldridge, District Director of Murray State's Small Business Development Center, have partnered to bring awareness of this new loan available from the Small Business Administration and speak about it with Kate on Sounds Good.
A new federal report shows some good news for Kentucky enterprise. The U.S. Bureau of Labor Statistics says, according to the latest available data, the state led the country in new businesses created during the second quarter of 2013. Governor Steve Beshear's office says almost 6,700 new businesses opened in the Commonwealth in that quarter, many of them businesses with five or fewer employees.
Have you ever tried to contact a business and be patched to a phone operator for whom English is not their native language or has an accent so thick that communicating becomes difficult? If so, commentator Celia Brewer has your sympathy. She says what while she respects all languages and cultures, simple phone calls to American businesses should not be made laborious by the lack of understanding the language and that outsourcing call centers is bad for business.
The Illinois Department of Employment Security will send emails to 800,000 business leaders and workers to highlight state services. Agency Director Jay Rowell said Wednesday the emails will offer help to companies in hiring, setting wages and building business plans. He says the effort will help get people back to work.
Kentucky's business climate is consistently dragged down by low incomes, high poverty, and poor health. That's one of the conclusions of the comprehensive report released this week by the state's Chamber of Commerce.
A U.S. Bankruptcy Court ruling in Louisville approved the sale of Dippin’ Dots, Inc to Oklahoma-based Dippin’ Dots, LLC for $12.6 million. The sale will settle the novelty ice-cream manufacturer’s outstanding debt of over $11 million and close a bankruptcy proceeding beginning in November 2011. Investor Scott Fisher will serve as president of the newly formed company. Dippin’ Dots founder and former CEO Curt Jones is expected to return to the company in some capacity after stepping down in March.