Shaping Our Appalachian Region
Date of Grant: 6/22/18
Amount: $25,000
Counties Served: Our entire service territory
We issued a grant to SOAR to help further local economic development strategies and assist in long term growth of the area. This grant will allow SOAR to assist with a guideline, implementation plan as well funding support to drive projects forward in local communities.
Appalachian Industrial Authority
Date of Grant: 6/25/18
Amount: $35,000
Counties Served: Letcher County
We issued a grant to the Appalachian Industrial Authority to directly impact infrastructure and support new businesses. This will retain jobs as well as create new ones. This grant can lead to $5,000,000 investment.
Pike County Fiscal Court
Date of Grant:
Amount: $25,500
Counties Served: Pike County
This is a request for funds to be used to hire a consult to devise implementation plan for the creation of county-wide broadband. The county plans to expand on the success of the Teleworks hub and increase jobs in remote areas. Applicants will obtain matching funds with grants from Economic Development Administration currently being processed. The total estimated cost of the project is $85,000.
One East Kentucky
Date of Grant:
Amount: $50,000
Counties Served: Pike, Floyd, Johnson, Martin, Lawrence, Morgan, Magoffin
One East Kentucky is a 501(c)3 non-profit organization whose mission is to work toward diversifying the economy of the Coal Fields of East Kentucky through recruitment of industry. This organization is entirely funded by private investment, such as those sought in this grant application. This investment will be used to recruit industry, develop marketing materials, support regional chambers of commerce, initiate regional economic development strategies, and enhance opportunities for industrial sites.
City of Wayland
Date of Grant: March
Amount: $19,500
Counties Served: Floyd County
Complete feasibility study to identify the need to establish and maintain a high speed, affordable wireless broadband service for the City of Wayland. Utilizing data from the Eastern Telephone & Technology model developed for the City of Pikeville Wireless Broadband Project, we'll need an estimated $150,000 to bring a similar service to Wayland. High speed broadband service brings opportunities of economic growth for existing businesses, as well as options for entrepreneurs and residents wishing to work from home. We have contacted EKCEP about our project and the possibility of a “Teleworks Hub” serving Wayland and the surrounding area.
Aerospace Alliance of East Kentucky
Date of Grant: March
Amount: $50,000
Counties Served: Greenup, Boyd, Floyd, Johnson, Knott, Lawrence, Letcher, Magoffin, Martin, Perry, and Pike.
This was request for funds to be used for direct marketing support for attending the MRO Americas Conference and Tradeshow. The MRO Americas conference is the premier event for the commercial air transport maintenance repair and overhaul industry. The applicant hopes to build on past success and promote eastern Kentucky to over 850 aerospace companies that will attend the conference.
One East Kentucky Corporation – International Landing Zone
Date of Grant: 2/28/18
Amount: $55,375
Counties Served: Floyd, Johnson, Knott, Lawrence, Letcher, Magoffin, Martin, Perry, and Pike.
This was request for funds to be used to conduct a feasibility study by a non-biased third party. The study would serve as a Foreign Direct Investment industrial incubator. One East Kentucky meets with many foreign companies that are looking to enter the U.S. market. The foreign companies are initially seeking smaller facilities between 10,000 to 30,000 square feet. The applicant believes the re-use of existing large industrial buildings could provide necessary space for foreign investors.
Ashland Alliance
Date of Grant: 5/22/2018
Amount: $72,000.00
Counties Served: Floyd, Johnson, Knott, Lawrence, Letcher, Magoffin, Martin, Perry, and Pike.
This grant request is $72,000 for East Kentucky Economic Development Gap analysis, site meetings with clients that have expressed interest in an expansion of manufacturing facilities in NE Kentucky, and targeted recruitment opportunities that have opened up for Ashland Alliance and One East Kentucky.
Hazard Perry county Economic Development Alliance
Date of Grant: 6/25/18
Amount: $25,000.00
Counties Served: Perry, Harlan, Breathitt, Leslie and Knot
HPCEDA was created to work in unison with One East Kentucky to market the area, recruit new industry, help existing industry and local businesses, whether existing or startup, to enhance the economy in this coal-distressed area of eastern Kentucky. The primary focus for the alliance is in Hazard-Perry County but in recruiting and marketing the regional industrial park, Coal Field Regional Industrial Park, the 5 counties of Perry, Harlan, Breathitt, Leslie and Knott all benefit from industries and jobs created.
KY Association of Economic Development (KAED)
Date of Grant: 7/20/18
Amount: $20,000.00 x 3
Counties Served: All of Kentucky
The Kentucky Cabinet for Economic Development (CED) has pledged that if KAED raises money to hire a consultant, CED will provide $9 million of funding, spread over a three-year period, for the actual site/building investment.
One East Kentucky (OEK)
Date of Grant: 8/28/18
Amount: $40,000.00
Counties Served: Floyd, Knott, Johnson, Lawrence, Letcher, Magoffin, Martin, Perry and Pike
One East Kentucky's Project Activity has increased significantly. They wish to implement a CRM system to manage projects, follow-up and deliver reporting to our board, investors and our Power Economic Development representatives. The system will allow for better and more consistent follow-up, leading to tangible results of new jobs and facility locations
Big Sandy Regional Airport Runway Feasibility study
Date of Grant: 11/1 /18
Amount: $64,481.00
Counties Served: Floyd, Knott, Johnson, Lawrence, Letcher, Magoffin, Martin, Perry and Pike
The Big Sandy Regional Airport Board requests funding to conduct a feasibility study to include the construction of a 10,000 ft. runway. This project is vital to meeting the explicit needs of Kentucky’s growing aerospace industry and for the future success of many business incentive initiatives and industry recruitment efforts for east Kentucky and the state of Kentucky.
Johnson Co Pathway to Economic Development - 1 Year $45,000
Date of Grant: 11/1 /18
Amount: $45,000
Counties Served: Floyd, Knott, Johnson, Lawrence, Letcher, Magoffin, Martin, Perry and Pike
Funds requested will be used for equipping the students with the essential educational resources such as computers, resource materials & manual creation as well. Additional funds will be utilized for professional services and training for students from outside the education spectrum (KIED, Speakers, conferences and seminars).