June 9, 2020
Planning for the Future
Upcoming Webinars
June 23, 10 – 11am: Pay Check Protection Program versus SBA Guaranteed Loans: How SBA Loans Work
With the recent economic uncertainties and many small businesses being closed, how can you be certain to choose the option that is best for you to help insure the future of your business? Join Dana Winston with the Kentucky District Office, US Small Business Administration, and Larry Forester with Forcht Bank, as they discuss the various SBA loan products, providing you with current, relevant information to help determine your best next step when it comes to finances. They will provide information on the Paycheck Protection Program (PPP), SBA Express Bridge Loans, SBA Debt Relief, as well as touch on SBA-guaranteed loans.

June 30: 10 – 11am: Working Together: The Power of Anchor Institutions
Anchor Institutions are powerful public organizations that spend millions of dollars on procurement each year. They are economic forces in their local communities supporting businesses and creating jobs. Anchor institutions in the Bluegrass include Fayette County Public Schools (FCPS), Kentucky Utilities (KU), Kentucky Community Technical College System (KCTCS), Lexington-Fayette Urban County Government (LFUCG), and others. Find out how procurement has changed during the pandemic, what opportunities still exist, the major successes and how they work together on business development and outreach.
Funding Available!
NMSDC Secures Partnership to Connect MBEs with PPP Funding
The National (Minority Supplier Development Council, Inc. (NMSDC) is pleased to announce the establishment of a new partnership between their Business Consortium Fund (BCF) and Midwest Bank Centre to assist certified Minority Business Enterprises (MBEs) with funding access through the SBA's Paycheck Protection Program (PPP). Details about how to access funding are available online by visiting BCF's website at  www.bcfcapital.com/ppp-disclosure .

Magic Johnson Loans
Magic Johnson, the CEO of Magic Johnson Enterprises, partnered with MBE Capital Partners to offer $100 million in loans to minority- and women-owned companies. The funds will be distributed through the Small Business Administration’s Paycheck Protection Program.
KYPTAC Webinars
LFUCG Webinar
June 16, 11:30 am – 1:00 pm EST
The city of Lexington has partnered with the South Atlantic Small Business Transportation Resource Center (SBTCR) to present the Virtual Construction Summit! Get a roadmap to doing business, learn about the SBTCR, city of Lexington project updates, and how to obtain bonding during a Pandemic. There will be an interactive question and answer session. This is a virtual webinar you do not want to miss!  The event is free; however, registration is required.
Women’s Business Enterprise Network Council Ohio River Valley (WBEC ORV)
June 9, 10 - 11am: COVID-19: Paycheck Protection Program Webinar
Please join Wanda Walker-Smith, Director of Hamilton County Small Business Development Center, and her team as they discuss the availability of additional PPP funding. We will walk you through the application process and also answer your PPP related questions.

June 10, 11:30am - 12:30pm: Cleveland WBE Virtual Forum Luncheon
This month we will have Barb Smith, Senior Vice President and Director of Key for Women, KeyBank N.A., will share “Keys to Lead”. Barb will help you understand the financial impact of COVID-19 on your business and how to leverage assessment, planning, and forecast tools to lead your organization.

June 11, 11:30am - 12:30pm
In this presentation, KMK Law Partners Lisa Wintersheimer Michel and Mark Chumley will discuss key considerations for employers as we begin to emerge from the Covid-19 pandemic, and employees start to return to work.
Commerce Lexington 4 O'Clock Series
June 17, 4 - 5pm EST 
In an effort to evolve with the new “ever-changing” business landscape, Commerce Lexington introduces the weekly 4 O’Clock Focus. Join local business and community leaders each week as we prepare to re-open small businesses over the next few weeks and months. Every other week, we’ll share best practices and lessons learned from businesses who are constantly reengineering in order to make sure their business model remains relevant and competitive. Topics will change for each event. The most recent information be found via the registration link below and on the facebook event. 
Derby Diversity & Business Summit (DDBS)
Weekly series of speakers to assist with establishing new connections and resources when the world is transforming.
In this time of crisis, collaboration and establishing new connections to gain access to new resources is more important than ever. The Derby Diversity & Business Summit (DDBS) is launching a digital dialogue series to engage candid conversations around the community that drive the importance of coming together with diverse networks. Join us as we host thought-provoking, positive discussions to open our minds and hearts when the world is transforming.
Doing Business with Fayette County Public Schools
To access opportunities with Fayette County Public Schools





Bid opportunities from Kentucky, Tennessee and West Virginia
We will get through this together!

Best Regards,
Marilyn Clark, MBA
Manager Economic Development
And Supplier Diversity
Fayette County Public Schools
1126 Russell Cave Road
Lexington, KY 40505
859-381-3817
Please register your business at here .

Sarah Gaines, Administrative Assistant, Logics and Economic Development

Matt Moore, Purchasing Technician

Dan Sawyers, Director of Logistical Services and Purchasing