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Goode News


KAED is proud to welcome back and introduce to some of our new members Meghan Crosman to our KAED membership as Member/Sponsorship Manager for our organization.

Meghan comes to KAED from the Kentucky Department of Travel and Tourism in Frankfort as International Sales Director where she would Market and sell Kentucky to international tour operators, Explored and identified marketing opportunities to best reach Kentucky’s target markets and managed events all over the United States and internationally. Crosman previously spent 9 years at the Kentucky Association for Economic Development (KAED) as event operations manager.

Please welcome back Meghan as she will assume the position of member/sponsorship services manager for KAED. Meghan’s first day will be August 17th and she can be reached at

More Business, Cheaper Power

The Lane Report said it right when they stated Kentucky Utilities play a crucial role in economic development. Enjoy the below article and thanks to our KAED partners in the utility field.

Lane Report: More Business, Cheaper Power

KAED-TVA Best Practices & AT&T golf scramble, great time had by all.

Thanks to all who attended the KAED-TVA Best Practices & AT&T Golf Scramble recently. Our attendance was near double for the Best Practices and all enjoyed a beautiful blue sky for our Golf Scramble in Bowling Green.

Please join me in thanking all our sponsors for both of these events:

TVA Best Practices:

  •  TVA
  •  Carr, Riggs & Ingram – CPA & Advisors
  •  Alliance Corporation
  •  Cardinal Industries
  •  Branscum Construction
  •  Danville-Boyle County EDP
  •  Big Rivers Electric Corporation
  •  Kentucky Community Technical College System

AT&T Golf Scramble

  •  AT&T
  •  Scott, Murphy & Daniel
  •  East Kentucky Power
  •  Harshaw Trane
  •  Bristol Group
  •  Denham Blythe

Hole Sponsors:

  •  Applied Marketing
  •  Ashland Alliance
  •  Benefit Insurance Marketing
  •  Capital Link Consultants
  •  CBRE
  •  Denham-Blythe Company Inc.
  •  Duke Energy
  •  Greater Louisville Inc.
  •  Greater Owensboro CDC
  •  Glick Strategies LLC
  •  H & M Construction
  •  Kenergy
  •  KAM
  •  Long Construction
  •  Muhlenberg Alliance for Progress
  •  Oldham County Chamber & ED
  •  Prodigy
  •  R.J. Corman
  •  Russell County Industrial Development
  •  Scottsville-Allen County ED
  •  Springfield Washington County ED
  •  Southwestern Kentucky Development Council
  •  Thomas Miller
  •  TRIO
  •  Warren RECC

Door Prizes

  •  Kentucky Cabinet for Economic Development
  •  Raymond James Investments
  •  Marion County Industrial Foundation
  •  Nelson County Economic Development Agency
  •  Delta Gas
  •  Kyndle
  •  Louisville Forward
  •  LG&E and KU
  •  Bowling Green Chamber of Commerce
  •  Greater Owensboro Economic Development Corp.
  •  INOAC USA Inc.
  •  TVA
  •  AT&T
  •  Corbin Economic Development Agency

See conference photos at:

KAED Best Practice & Golf Scramble Pictures

New Global Automotive Conference coming to Louisville September 14-15, 2015

Automotive experts, manufacturers, suppliers and other business leaders will gather in Louisville Sept. 14-15 for a new, forward-looking automotive conference called AutoVision 2015.

The two-day conference at the Louisville Marriott Downtown is the creation of the Kentucky Automotive Industry Association, the organization representing the state’s $14 billion economic engine.

Major advances such as self-driving cars, lighter-weight vehicles and long-lasting electric batteries will be among the topics discussed by leading experts from across the nation and beyond. Leaders from Kentucky’s major automotive manufacturers including Ford, General Motors and Toyota will be among the presenters.

Gov. Steve Beshear, a leader in the expansion of Kentucky’s auto industry, will address the audience and the Kentucky Cabinet for Economic Development is the presenting sponsor. Speakers, panel discussions and breakout sessions will focus on cutting-edge technology and timely issues, including workforce training and regulatory changes, to help position business leaders for opportunities and growth.

Experts and leaders confirmed to date include:

  •  Mustafa Mohatarem, Chief Economist, General Motors
  •  Sheryl Connelly, Manager, Global Consumer Trends and Futuring, Ford Motor Co.
  •  Doug Cain, CEO, Mubea North America
  •  Pierre Abboud, President and CEO, Bosch
  •  Mike Mullis, global site selection consultant
  •  John Bradburn, Environmental Engineer, Chevrolet Europe
  •  Lindsay Chappell, Automotive News bureau chief
  •  Laurie Harbour, President and CEO, Harbour Results
  •  Gary Silberg, KPMG’s national lead partner and author of “Me, My Car, My Life”
  •  Thomas Croskey, Executive Director Manufacturing Strategy and Planning, General Motors
  •  Dale Brosius, Chief Commercialization Officer, Institute for Advanced Composites Manufacturing Innovation

Get more information and register at:

New Global Automotive Conference

Governmental Accounting Standards Board new rules

The Governmental Accounting Standards Board (GASB) is promulgating new rules for the disclosure of local government incentives, which will also impact city and county audits. Ultimately, this may require additional record-keeping by the local governments and/or the local ED professional’s organization. The below link from LinkedIn gives a good overview of the issue and the direction that GASB will take on this issue. Thanks to Jody Lassiter, President/CEO with the Danville Boyle County Economic Development Partnership for sharing.

GASB New Rules

Statewide Entrepreneur Pitch Competitions Return

Which great new businesses will be discovered in Kentucky this year? We’re about to find out. The Kentucky Innovation Network is gearing up for its second-annual entrepreneur pitch competitions, which will feature some of the state’s brightest minds hoping to make their business dreams a reality.

Last fall, Chris Bailey and his team took home the top prize in the Kentucky Innovation Network’s inaugural entrepreneur pitch competitions. Their product, GearBrake, is designed to sense deceleration in motorcycles and automatically flash the brake lights, which could prevent up to 90 percent of rear-end collisions.

“Thanks to the competition, we have received a ton of state and national exposure for our product,” he said. “Plus, pitching our product in front of an audience of investors could really pay off down the road.”

A new group of Kentucky’s brightest innovators is hoping to find the same level of success this year. The Kentucky Innovation Network recently announced its second-annual entrepreneur pitch competitions, which will be held over the next several months.

Similar to the hit TV show “Shark Tank,” the competitions will feature entrepreneurs pitching their business ideas to a panel of judges. Winners of the regional events will win cash prizes and the opportunity to present before the Kentucky Angel Investors Network in November.

“The success of last year’s pitch competitions exceeded our expectations, and we expect even bigger success this year,” said Mandy Lambert, commissioner of business development at the Kentucky Cabinet for Economic Development, which oversees the Kentucky Innovation Network. “Small businesses are job creators and the backbone of Kentucky’s economy. This is a great opportunity for entrepreneurs to network with potential investors and get their businesses off the ground. We want to expose more people to investment opportunities right here in the Commonwealth.”

The pitch competitions will make the following appearances:

  • London: Aug. 18, 2015, KHIC Center, 440 Old Whitley Road, 1 p.m.-3 p.m. ET
  • Pikeville: Sept. 10, 2015, UPIKE College of Business, 118 College St., 5 p.m.-7 p.m. ET
  • Richmond: Sept. 18, 2015, Central Bank, 350 West Main St., 11 a.m.-2 p.m. ET
  • Elizabethtown: Sept. 23, 2015, Brown Pusey House, 128 North Main St.,
  • 12:30 p.m.-2:30 p.m. CT
  • Paducah: Sept. 24, 2015, location TBD, 5 p.m.-7 p.m. CT

Interesting in pitching your business or attending an event?

Visit to learn more.

Kentucky Chamber report recommends exhaustive review of workforce programs

A new report released by the Kentucky Chamber of Commerce outlines the challenges Kentucky’s employers’ face when it comes to building their workforce and provides recommendations to meet those challenges. Below is a link to the Lane Report story on the study.

Kentucky Chamber Workforce update

Kentucky Aviation Association 39th Annual Conference in Owensboro

September 9 – 11, 2015
Wednesday- Friday
Kentucky Aviation Association
39th Annual Conference and Exhibition
Owensboro Convention Center

For Additional Info

KAAs Annual Conference continues to be THE premier event for Kentucky’s aviation industry.  Each year we provide attendees with a variety of business development and management, legal/regulatory and general industry topics in one comprehensive and engaging experience!  Our event will have an environment that will offer ample one-on-one interactions with all attendees, exhibitors, and speakers.

Nominate manufacturer & employee of the year awards.

Kentucky has had a banner year for awards associated with economic growth and business expansions. Manufacturers are leading the way to prosperity in the Commonwealth!

The Kentucky Association of Manufacturers (KAM) salutes the individuals and manufacturers across the Commonwealth who have made this growth happen with their determined focus on innovation, community service, teamwork, leadership and advocacy.

NOMINATE a deserving Manufacturer and/or Employee of the Year to be recognized at the annual 2015 Manufacturers & Employee of the Year Awards – Friday, October 2, 2015 – at the Seelbach Hilton, Louisville, KY.


Visit KAM website for more information