Southeast Kentucky Economic Development Corporation

Let's Do Business Better!

General Information
Company Name
Southeast Kentucky Economic Development Corporation
Founded Year
1986
Location (Offices)
Somerset, United States +1
Founders / Decision Makers
Number of Employees
9
Industries
Finance, Financial Services
Funding Stage
Grant
Social Media

Southeast Kentucky Economic Development Corporation - Company Profile

Southeast Kentucky Economic Development Corporation (SKED)

Founded: 1986

Industries: Finance, Financial Services

Headquarter: United States

Last Investment: Grant investment at 14 February 2024 by Truist Foundation

Southeast Kentucky Economic Development Corporation (SKED) is a nonprofit economic development organization established by Fifth District Congressman Harold "Hal" Rogers and community leaders in Southeast Kentucky. Originally covering 27 counties, it now spans 45, focusing on recruiting jobs and industry to Kentucky's Fifth Congressional District.

SKED offers a diverse range of lending opportunities, tailoring business loans to each customer's needs while providing professional guidance and technical assistance. The organization owns the Somerset Rail Park and Enterprise Center at Valley Oak Technology Complex.

With its mission to "Let's Do Business Better," SKED embodies a commitment to fostering economic growth and development within the region, making it an attractive prospect for venture capitalists seeking to support and empower organizations with a strong community impact and a clear economic mission.

Taxonomy: Economic Development, Nonprofit Organization, Small Business Lending, Business Expansion, Community Development, Business Support, Regional Development, Sustainable Development, Professional Guidance, Technical Assistance, Southeast Kentucky, CDFI, Small Business Financing, Job Recruitment

Funding Rounds & Investors of Southeast Kentucky Economic Development Corporation (2)

View All
Funding Stage Amount No. Investors Investors Date
Grant Unknown 1 Truist Foundation 14 Feb 2024
Grant $1.93M 1 Community Development Financial Institutions Fund 10 Apr 2023

Latest News of Southeast Kentucky Economic Development Corporation

View All

No recent news or press coverage available for Southeast Kentucky Economic Development Corporation.

Similar Companies to Southeast Kentucky Economic Development Corporation

View All
Lendistry - Similar company to Southeast Kentucky Economic Development Corporation
Lendistry Empowering growing small businesses with innovative financing choices
SomerCor - Similar company to Southeast Kentucky Economic Development Corporation
SomerCor A top 20 CDC, SomerCor is a non-profit certified by the SBA facilitating SBA 504 & 7(a) CA loans, and SBIF & NOF grants.
SEDCO - Sunshine State Economic Development Corporation - Similar company to Southeast Kentucky Economic Development Corporation
SEDCO - Sunshine State Economic Development Corporation Helping small businesses grow since 1982.
Mountain West Small Business Finance - Similar company to Southeast Kentucky Economic Development Corporation
Mountain West Small Business Finance We empower small business owners to succeed through our lending and educational programs.