Frankfort: The Kentucky Cabinet for Economic Development is partnering with the University of Kentucky Small Business Development Center to establish a Kentucky Procurement Technical Assistance Center. The center will help companies learn about and participate in the government contract procurement process.
The PTAC will provide procurement assistance services to businesses interested in selling their products and services to federal, state and local governments.
“Many small businesses are interested in pursuing government contracts, but find the process intimidating and confusing,” said Cabinet for Economic Development Secretary Larry Hayes. “The Kentucky Procurement Technical Assistance Center will help businesses solve the puzzle of government contracting.”
Recently, the KSBDC received nearly $250,000 in federal funding, which was matched dollar-for-dollar by state and local funding, to hire staff to offer procurement counseling and training functions previously offered to businesses by the Cabinet.