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Economic Development in the Pennyrile
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Economic Development
PADD promotes and assists in the development and growth of the area's economy and serves as a focal point for regional cooperation and coordination. We can provide assistance in structuring financial incentive packages for economic development projects, streamlining the permitting process for businesses, economic data collection, and facilitating job skill development and training. For help in this area, contact Chris Sutton.
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PADD Loan Funds
We operate a business loan fund for eligible businesses in the Pennyrile. The maximum loan amount is $250,000 to eligible businesses who create permanent jobs and stimulate the economy of the region.
Murray State University / Hopkinsville
Small Business Development Center
The MSU SBDC provides a wide variety of services to existing and proposed business. For information, contact Roy Keller at (270) 886-8666. The office is in the Commerce Center at 2800 Ft Campbell Boulevard, Hopkinsville.
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 Think Kentucky's Economic Resource Navigator for small businesses contains a wealth of information for both new and existing small businesses.
“The ERN is an interactive tool that allows business people to plug in their home county and the Navigator will locate the closest service provider where they can get face-to-face help for their small business needs,” J.R. Wilhite, Commissioner of the Department for Existing Business Development with KCED. |
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