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MICROENTERPRISE MATTERS IN KENTUCKY!

 

Partners for Entrepreneurial Advancement in Kentucky (PEAK) is a statewide, nonprofit 501(c)(3) organization supporting economic development through the growth of microenterprise development agencies and microenterprises, especially those located in rural and economically challenged areas.  

 

Many entities, such as microenterprise development programs, microenterprise advocates, and interested individuals, support this work by offering technical assistance, training, lending and other services crucial to micro-entrepreneurs.

PEAK's goal is to promote microenterprise growth and opportunity by increasing these entities' capacities and access to resources. 

 

If you or your organization is interested in making a difference by supporting PEAK, please click here.  

 

  PEAK Microenterprise of the Year Award

 

Congratulations to PEAK's 2011 Microenterprise of the Year!!!!

 

 

 

Click the logo above to visit Powdermill Pottery's website!

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SHOW YOUR SUPPORT FOR KENTUCKY'S SMALL BUSINESSES!!

 

KENTUCKY'S NEW SMALL BUSINESS SPECIALTY LICENSE PLATE, SPONSORED BY THE KENTUCKY COMMISSION ON SMALL BUSINESS ADVOCACY, HAS BEEN REVEALED!  

 

 

 

HELP SUPPORT THE EFFORT BY BEING ONE OF THE FIRST 900 INDIVIDUALS TO SIGN UP AND RESERVE A PLATE FOR $25.00!  ADDITIONAL PLATE CHARGES WILL APPLY WHEN YOU PICK UP YOUR PLATE FROM YOUR LOCAL COUNTY CLERK'S OFFICE.   

 

UPDATE: As of November 18, 2011, 77 Plates Have Been Ordered.  823 More To Go! 

 

PROCEEDS FROM PLATE SALES WILL GO TO PEAK AND 100% OF THOSE FUNDS WILL BE USED TO ENCOURAGE SMALL AND MICRO BUSINESS DEVELOPMENT OPPORTUNITIES THROUGHOUT THE COMMONWEALTH! 

 

CLICK HERE FOR ADDITIONAL INFORMATION

 

 

 Definition and Facts About Microenterprise

 

A microenterprise is typically considered to be any small business with five or fewer employees and requiring $35,000 or less in start-up capital.

 

  • Microenterprise employment represents almost 20% of all private employment in the United States.  
  • More than 87% of all businesses in the U.S. are microenterprises. 
  • There are an estimated 23,508,440 microenterprises in the entire U.S.
  • More than 4.5 million new jobs were created in the U.S. by microenterprises between 2000 and 2005.
  • There are approximately 309,739 microenterprises in Kentucky.
  • Microenterprise provides jobs to approximately 392,709 individuals in Kentucky, accounting for approximately 16.5% of Kentucky's total private non-farm employment.