2009 Kentucky Revised Statutes
Subchapter 12 Cabinet for Economic Development
154.12.215 Duties of Department for Existing Business Development.

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Page 1 of 1 154.12-215 Duties of Department for Existing Business Development. (1) The duties of the Department for Existing Business Development shall include but not be limited to: <br>(a) Collecting, summarizing, and disseminating information helpful to minority businesses, including information on: <br>1. Market research; 2. New business opportunities; 3. Federal, state, and local minority business programs; and 4. The availability of managerial assistance programs within the state <br>educational system; (b) Assisting minority businesses with federal, state, and local government agencies, regulations, and procurement programs. (c) Providing staff assistance to the council; <br>(d) Providing information on federal, state, and local small business programs and regulations; (e) Making referrals to managerial assistance programs within the state educational system; and (f) Introducing entrepreneurs to individual investors and to investment capital firms interested in start-up and early-stage financing. (2) The commissioner is designated a small business ombudsman and shall: (a) Receive and refer complaints of small business to the council and the appropriate administrative bodies; (b) Coordinate the activities of all administrative bodies performing functions affecting the operation of small business in the Commonwealth; (c) Represent the interests of the council and small businesses in the Commonwealth before federal, state, and local administration and regulatory <br>agencies; and (d) Prepare an annual report of the activities and recommendations of the council and submit the report to the Governor and the appropriate legislative <br>committee having jurisdiction over small business matters. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 181, sec. 3, effective June 20, 2005. -- Amended 1996 Ky. Acts ch. 209, sec. 1, effective July 15, 1996. -- Amended 1994 Ky. Acts <br>ch. 499, sec. 17, effective July 15, 1994. -- Amended 1984 Ky. Acts ch. 296, sec. 3, <br>effective July 13, 1984. -- Created 1982 Ky. Acts ch. 212, sec. 2, effective July 15, <br>1982. Formerly codified as KRS 152.952

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