2016 Kentucky Revised Statutes
CHAPTER 154 - DEVELOPMENT
Subchapter 12 - Cabinet for Economic Development
154.12-223 Department for Business Development.

Download as PDF 154.12-223 Department for Business Development. (1) (2) There is created within the Cabinet for Economic Development the Department for Business Development, which shall be headed by a commissioner appointed by the Governor. The department shall work with each Kentucky county in: (a) Assisting community-based economic development agencies in creating and implementing their respective work plans; (b) Developing cooperative interaction with existing industries and small and minority businesses and assisting export development; (c) Providing sufficient technical resources to create and maintain a database to facilitate sales transactions between Kentucky businesses; (d) Assisting minority businesses with federal, state, and local government agencies, regulations, and procurement programs; and (e) Introducing entrepreneurs to individual investors and to investment capital firms interested in start-up and early-state financing. The Department for Business Development shall include the following divisions, each of which shall be headed by an executive director appointed by the secretary pursuant to KRS 12.050: (a) The Office of Entrepreneurship shall be responsible for various forms of small business assistance, including without being limited to: 1. Providing comprehensive information on all state business licenses and requirements; 2. Assisting businesses in the identification of government procurement opportunities; 3. Administering the innovation assistance set forth in KRS 154.12-278; and 4. Collecting, summarizing, and disseminating information helpful to small businesses, including information on: (a) Market research; (b) Federal, state, and local minority business programs; and (c) The availability of managerial assistance. The Commission on Small Business Advocacy established in KRS 11.200 shall advise the office on small business needs; and (b) The Office of Research and Public Affairs, which shall administer the following: 1. Research activities related to strategic planning, business site selection, and existing industry; 2. Program analysis; 3. Competitive analysis; 4. Communications and marketing services; and 5. Event planning. (3) The office shall include the Division of Database and Systems Development, which shall be headed by a director appointed by the secretary pursuant to KRS 12.050. The following programs shall be attached to the Department for Business Development: (a) The Kentucky port and river development program created by KRS 65.510 to 65.530, KRS 139.483, and KRS 154.80-100 to 154.80-130; (b) The Waterway Marina Development Program established by KRS 154.80310; and (c) The Bluegrass State Skills Corporation established by KRS 154.12-205. Effective: July 15, 2014 History: Amended 2014 Ky. Acts ch. 89, sec. 4, effective July 15, 2014. -- Amended 2005 Ky. Acts ch. 181, sec. 6, effective June 20, 2005; and ch. 158, sec. 4, effective June 20, 2005. -- Amended 1998 Ky. Acts ch. 133, sec. 1, effective July 15, 1998. -Amended 1996 Ky. Acts ch. 113, sec. 4, effective July 15, 1996; ch. 209, sec. 2, effective July 15, 1996; and ch. 262, sec. 1, effective July 15, 1996. -- Created 1994 Ky. Acts ch. 499, sec. 2, effective July 15, 1994. Legislative Research Commission Note (6/20/2005). The Reviser of Statutes has renumbered the subparagraphs of subsection (2)(a) of this statute under the authority of KRS 7.136(1)(a).