Rbdg rural business coop rural enterprise grant

The U.S. Department of Agriculture's Rural Business Cooperative Services awarded a $199,999 Rural Business Development Grant (CFDA 10.351) to Kentucky Highlands Investment Corporation, a non-profit community development organization in London, Kentucky. The two-year grant, awarded on July 30, 2024, will fund the organization's efforts to promote sustainable economic development and support small and emerging businesses in rural Southeastern Kentucky.

Through this project grant, Kentucky Highlands Investment Corporation and its subsidiary, Kentucky Highlands Community Development Corporation, will provide a range of services including technical assistance, business training, revolving loan funds, and support for rural business incubators and industry clusters. These initiatives aim to stimulate economic growth, create jobs, and foster sustainable development in economically distressed communities within the organization's service area.