A new program designed to assist small businesses could generate almost 125 jobs and nearly $6 million in private investments during its first five years, Katie Roach of WYMT News reports.
The Business Innovation and Growth (BIG) Center in London, Ky., is part of Kentucky Highlands Investment Corporation, which serves 22 counties in southern and eastern Kentucky. The services provided by the BIG Center are designed to accelerate the growth of small businesses and, as a result, create jobs.
"We would like to bring in businesses that are high growth that can bring in jobs," Jim Carroll, the center's director told Roach. "Have them here for a year or two, then graduate them onto renting something back in their home county" and give another business access to the center's resources, Carroll said. (Read more.)
The facility helps small businesses by providing access to office space, training rooms, conference rooms, and other resources for as little as $150 per month.
To read the Times-Tribune, Corbin, Ky., coverage including a listing of start-up companies, click here.
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