Approval to enter into stakeholder agreement with the Kentucky Small Business Development Center.
On behalf of the Kentucky Small Business Development Center (SBDC), the Land Grant Program is requesting the approval to use USDA federal extension funds to enter into a second-year stakeholder agreement with the University of Kentucky Research Foundation. This agreement would engage one full-time Kentucky SBDC business coach to provide coaching, consulting, advising, counseling, and training services to start-up businesses, existing businesses, and entrepreneurs in the region.
USDA federal extension funds in the amount of $50,000 would be used to hire one full-time SBDC business coach.
Interim President Ronald A. Johnson recommends that the Board of Regents approves the stakeholder agreement with the SBDC.
Approve the stakeholder agreement with the Kentucky SBDC.