COVID-19 Economic Assistance for Small Businesses
In response to the COVID-19 disaster, the Trump Administration declared a national emergency and authorized the Small Business Administration (SBA) to offer Economic Injury Disaster Loan (EIDL) assistance for small businesses nationwide.
Upon request by Kentucky's governor, applied for by Governor Beshear on March 16, 2020, any small business within the Commonwealth can apply for Economic Injury Disaster Loan assistance. These loans are to act as a bridge for small business to stabilize their operation to a manner in which they would be currently operating had the COVID-19 disaster not occurred. Businesses can request to borrow up to $2 million. Loans have a fixed annual percentage rate of 3.75 % for small businesses and 2.75% for non-profits.
To apply for a loan or for more information, visit the Small Business Administration or the Kentucky Chamber. Need help? Call the SBA Disaster Assistance Customer Service at 1-800-659-2955 (TTY: 1-800-877-8339) or email firstname.lastname@example.org .
Small Business Ombudsman
Kentucky’s DEP Small Business Ombudsman (SBO) serves as an advocate for small business owners or operators within the regulatory environment. The SBO provides ongoing support to small businesses within the Commonwealth of Kentucky to improve understanding and compliance with environmental regulations.
The SBO’s key responsibilities may include:
- Review state and federal regulations for applicability and impact to small businesses.
- Ensure small business interests are represented during the legislative rulemaking process.
- Provide support including outreach activities, training and resources to inform small business of regulatory issues and changes.
- Respond to environmental and regulatory questions or refer small businesses to the appropriate specialists for help with specific needs.
- Serve as a neutral resource to facilitate fair, equitable and expeditious conflict resolution between the Energy and Environmental Cabinet (EEC) and small businesses across the Commonwealth of Kentucky.
If you have questions, concerns or need additional information, please contact Kari Johnson at 502-782-6989 or Kari.Johnson@ky.gov
Disadvantaged Business Enterprise
DEP utilizes the Kentucky Finance and Administration Cabinet’s “Vendor Self Service” System to post solicitations for services, equipment and supplies to be purchased with U.S. Environmental Protection Agency (EPA) grant funds.
If you are a certified Disadvantaged Business Enterprise (a minority or women-owned business), you may register on the system to receive notifications of postings by DEP (Department code 129) or you may search the site for postings at any time.
To become certified as a DBE, view the EPA regulations at 40 CFR Part 33. We encourage all DBEs to take advantage of DEP opportunities to provide services, equipment or supplies to assist DEP in meeting DBE contracting goals.