Our Power to Prosper Accelerator is all about giving businesses the skills and connections they need to move to the next level and grow here in Greater Louisville. The accelerator, valued at $15,000 per individual, is offered free to participants through the generous funding of Papa Johns and Suntory Global Spirits. This program teaches business owners critical business skills like development strategies, strategic planning, financial management skills, marketing & sales, human resources, how to access capital, and how to contract with the government and major corporations.

KAREN PHILLIPS

What is your business name?

• P31 Cold Storage

Tell us about what your business does.

• Temperature controlled refrigerated and frozen storage as well as other warehouse services (restack, cross dock, emergency storage, order picking)

What inspired you to join the Power to Prosper program?

• I want to improve my knowledge and the structure of my current business model in order to expand into multiple facilities in the future.

Where do you see your business in the next 5 to 10 years? How do you believe the Power to Prosper program will help you in reaching those long-term goals?

• My 5-10 year goal is to have 2-3 additional facilities around the Louisville area. I believe the Power to Prosper program can give me the needed knowledge to ensure my company is properly structured and financed to support the growth.

What’s your favorite thing about living and doing business in Louisville?

• I love that Louisville is a BIG, small town. The central location and easy access to major highways north/south and east/west help my customers move their products efficiently through the supply chain.