Louisville, KY (April 30, 2014) – At a briefing today, Greater Louisville Inc. officials shared their vision for the future of the region’s largest business leadership organization. The comments followed an announcement from Louisville Metro Mayor Greg Fischer where he outlined changes to the city’s economic and real estate development strategies. As a part of those changes, the current contractual agreement between Metro Government and GLI will be ending.
“The Mayor’s announcement was not unexpected and, in fact, will clear the way for GLI to focus on the priorities identified during our recent strategic planning process,” said Kerry Stemler, chair of Greater Louisville Inc. “And most importantly, what will not change, is that GLI will continue as the region’s business leadership organization and we will maintain our strong commitment to helping existing businesses expand and grow.”
These changes come at a time when GLI was already in the process of recalibrating and setting its agenda for the future, one which is centered on serving the interests of its members and the regional business community. GLI’s areas of focus, as outlined by the organization’s Advantage Louisville plan, are: retaining and growing existing businesses, including supporting the entrepreneurial and start-up community; increasing the region’s human capital, educational attainment rates and workforce readiness; and expanding advocacy efforts aimed at creating a more business-friendly environment.
“We believe these are the right strategies to meet the economic development needs of our region now and in the future,” said Steve Williams, CEO of Norton Healthcare and co-chair of the Advantage Louisville Steering Committee. “This is an exciting and invigorating time as we evolve and transform GLI. It’s an opportunity for a new vision, renewed energy and community optimism.” read more...
Relocation and Expansion Projects Would Create 155 New Jobs
Three companies were approved for economic development incentives at this morning’s meeting of the Kentucky Economic Development Finance Authority (KEDFA) in Frankfort, Ky. The projects are projected to create as many as 155 new jobs and generate over $10 million in new annual payroll and $12 million in new investment.
“It’s exciting to see this interesting mix of businesses expand and relocate right here in Louisville,” said Mayor Greg Fischer. “Both our food and beverage sector and our technology innovation sector will be greatly enhanced by the resources being developed and extended as a result of these projects, and our region will be well served by the job creation and quality of life that these projects represent.”
“ We are pleased to have such a wonderful array of candidates for incentives this month,” said Greater Louisville Inc. Acting President & CEO Eileen Pickett. “Each of these companies represents a really strong fit for the Louisville region in terms of their continuing growth opportunity and their proven commitments to the community.” read more...
Will Feature Co-Founders of Fast-Growth Online Shopping Tool “Hukkster.com”
(Louisville, KY – April 23, 2014) --- Greater Louisville Inc.’s EnterpriseCorp will once again bring together the region’s entrepreneurial and fast growth business community to celebrate the progress on building a sustainable innovation eco-system when it hosts the 2014 Signature Event at the Kentucky Center for the Performing Arts, Wednesday, June 18, from 5 – 7:30 pm.
“The EnterpriseCorp Signature Event is the entrepreneurial and innovation community’s annual reality check. We attend this important event to take stock of the past year’s progress and to look forward and challenge each other on what is needed to get to the next level of entrepreneurial thinking,” said Kent Oyler, OPM Financial Managing Partner and GLI EnterpriseCorp Board Chair.
This year, attendees will have the opportunity to hear from two new and highly successful fast growth entrepreneurs who came together to create Hukkster.com. Hukkster co-founders Erica Bell and Katie Finnegan have been on a whirlwind ride from the world of fashion to the front lines of New York's budding tech start up scene. Their successful free online shopping tool has captured national attention, including stints on The Today Show and Good Morning America and layouts in Vogue and In-Style.
Hukkster.com provides cost-conscious shoppers with an opportunity to be notified by email and other social media when items they have selected go on sale. Erica and Katie will speak about how they took Hukkster from an idea to a reality in less than four read more...
years and share their insights on the evolution of a startup and how to scale up a business.
Annual awards to recognize and celebrate small businesses
Louisville, Ky. (April 15, 2014) – Greater Louisville Inc. – the metro chamber of commerce is accepting nominations for the 2014 Inc.credible Awards now until May 9, 2014.
The Inc.credible Awards recognize outstanding small businesses for their innovation and success. Winners in six categories will be announced at the 2014 Inc.credible Awards Luncheon, taking place on Friday, September 12 at the Galt House.
Nominations can be made by visiting www.greaterlouisville.com/inccrediblenom. Nominees must be businesses of less than 100 employees, locally-owned and operated in the Louisville region. They must have been in business prior to January 1, 2011 and
not have received an Inc.credible Award in the last three years. Nominees do not have to be a GLI member and self-nominations are welcomed.
“Small businesses are the engine of our economy and the cornerstones of our community. They create more than 80 percent of new jobs and new wealth while employing over half of all private sector workers,” said Eileen Pickett, acting president and CEO of Greater Louisville Inc. “The Inc.credible Awards are an important way to celebrate their achievements and contributions to our region.” read more...
Half-Day Seminar Features Louisville Native and Best Selling Author
Marshall Goldsmith with All Proceeds Benefiting JCPS Foundation
Louisville, Ky. (April 14, 2014) – Hilliard Lyons and Greater Louisville Inc. - the Metro Chamber of Commerce, will host a half day Leadership Seminar Friday, May 23, 2014 from 8:00 a.m. to noon at the KFC YUM! Center. All proceeds from the seminar benefit the JCPS Foundation to support education initiatives within the Jefferson County Public Schools system.
Marshall Goldsmith (www.MarshallGoldsmith.com) will keynote the event with a presentation on The Manager as Coach: Creating the Leaders of the Future. Dr. Goldsmith, a Louisville native and graduate of Valley High School, was recognized in 2013 as one of the Top Ten Leadership Thinkers in the world at the bi-annual Thinkers 50 ceremony sponsored by the Harvard Business Review. He is one of a select few executive advisors who have been asked to work with over 150 major CEOs and their management teams including Alan Mulally, President & CEO, Ford Motor Company. He is the million-selling author or editor of 34 books, including the New York Times and Wall Street Journal bestsellers, MOJO and What Got You Here Won't Get You There.
The seminar, which is designed to benefit managers and leaders from all industries, non-profit leaders, elected officials and education leadership, will also feature three nationally recognized authorities in the fields of employee engagement, continuous read more...
learning and hiring best practices.
Relocation and Expansion Projects Could Create Over 100 New Jobs
Five companies were approved for economic development incentives at this morning’s meeting of the Kentucky Economic Development Finance Authority (KEDFA) in Frankfort, Ky. The projects are projected to create as many as 290 new jobs and generate more than $10 million in new annual payroll and more than $29 million in new investment.
“These companies run the gamut from local to international, logistics to advanced manufacturing and professional services to high tech communications,” said Mayor Greg Fischer. “This extended scope of opportunity is representative of the extended resources we are able to provide in our community through our broadening talent pool, readily available facilities and our unique quality of place. We are excited that these highly regarded companies wish to call or continue to call Louisville home and we are committed to making that happen.”
“The GLI economic development team is delighted to have worked with each of these stellar companies to help bring them to this point,” said Greater Louisville Inc. VP, Economic Development Daryl Snyder. “Each of these businesses represent significant development in our community and opportunities for job creation and economic prosperity for the region.” read more...
Louisville, Ky. (March 19, 2014) – EnterpriseCorp, the division of Greater Louisville Inc. - the Metro Chamber of Commerce, that specializes in developing the region’s fast-growth entrepreneurial sector, hosted a special reception today to name 12 fast growth companies to its Fast Dozen Showcase and present each with the prestigious Fast Dozen Award. Mayor Greg Fischer, Kent Oyler, Chair of the EnterpriseCorp Board of Advisors and EnterpriseCorp Executive Director Tendai Charasika were on hand to recognize these homegrown companies that are expanding, adding jobs, increasing revenue, and providing vitality for the entire region.
“We have numerous examples of world-class excellence and innovation occurring right now in the Louisville region,” said Charasika. “These fast growth companies represent the significant contributions to our community’s economic prosperity and are key drivers of job creation. Our work to support these companies better positions Greater Louisville for sustained growth and gives us the opportunity to help grow our next Fortune 500 company.”
2014 Fast Dozen Companies
The Fast Dozen Showcase identifies the second stage, fast-growth companies headquartered in the Metro Louisville region. Fast-growth companies are the businesses that create the majority of new jobs and investment in the community.
The 2014 Fast Dozen companies have experienced an average growth rate of 36 percent and anticipate investing over $7 million in their planned expansions. They currently employ over 420 people at an average salary of $58,778 and plan on adding an additional 196 new jobs. read more...