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Kentucky Highlands Investment Celebrates 50th Anniversary
By: Associated Press
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SOMERSET, Ky. (AP) – An organization that has helped create or maintain more than 25,000 jobs in Kentucky since being created during the War on Poverty has celebrated its 50th anniversary.
Kentucky Highlands Investment Corp. said in a news release it is now one of the largest small business development investors in rural America.
The organization celebrated its 50th at the Center for Rural Development in Somerset on Monday night.
In addition to the job growth in southeastern and southern Kentucky, Kentucky Highlands has also helped more than 800 businesses with more than $400 million in financing. It also obtained the first rural Promise Zone designations with 92 partner organizations, which have received more than $542 million in funding during the first five years of designation.
The organization serves 22 counties.