Statistics about Lexington KY’s Economy & Standard of Living:
Lexington is …
- #27 Best Places for Business and Careers – Forbes 2013
- #17 America’s Top 25 High-Tech Hotspots – Atlantic City 2013. Lexington is a location for high-tech information jobs. Lexington had a growth of 14.2 % increase in high tech information jobs from 2007-2012.
- #4 Best Cities in terms of Business Costs – KMPG Competitive Alternatives 2012. Internationally, Lexington is fourth most economical city to do business in as of 2011.
- #1 Mid-size Community – The Fourth Economy Community Index ranked Lexington the top
Mid-sized community because it is ideally positioned to attract modern investment and manage economic growth. The index measured investment, talent, sustainability, place, and diversity.
Kentucky named Most Improved Environment for Small Business:
A survey released June 2014 from Thumbtack.com and the Kauffman Foundation found that Kentucky was the state with the most improved environment for small businesses. (Kentucky Charms Small Business Owners – CNN Money)
How did it earn the accolade of “most improved”? “The state has launched a number of initiatives to foster small business growth, including an Office of Entrepreneurship, which opened in July 2013. In November 2013, Democratic Gov. Steve Beshear established the Kentucky Angel Investors Network to connect small businesses seeking funding with potential investors throughout the state. And in April of this year, he launched the Kentucky Innovation Network, which has 13 offices around the state to help startups develop business plans, find grants and network with other entrepreneurs.”
Free Resources of Small Business Owners in Lexington KY (Fayette County):
The Bluegrass SBDC provides one-on-one consultations at no cost to existing and potential entrepreneurs in Central Kentucky. The Bluegrass SBDC also meets the educational needs of the local small business community by offering a variety of low cost training programs taught by industry experts and qualified SBDC Consultants.
- Sean Moore, Training Coodinator
- (859) 257-7666
Score of Lexington: The Lexington Kentucky Chapter is comprised of more than twenty volunteers who provide guidance and counseling to entrepreneurs in the greater Lexington/Fayette County area. They are a part of a national nonprofit association dedicated to entrepreneur education and the formation, growth and success of the nation’s small business.
- (859) 231-9902
Kentucky Innovation of Lexington: They have been around since 2001 creating a network of business leaders and mentors that encourage relationships, grow companies new and existing, and create jobs. Each of their 12 offices are staffed by experienced and educated business leaders to help companies through business Assessment, Business development and ultimately Capitalization (the ABCs of business development).