Small business startup resources in Lexington, KY

Lexington recently ranked No. 17, up nine spots from last year, on the list of 2022 Best of the Midwest Startup City Rankings. The rankings were determined by a number of factors including how active the startup community is, resources available to help startups grow, and the city’s economic environment.

So, do you have a super cool business idea, but don’t know where to begin? Check out these five helpful (and mostly free) resources to help get the wheels in motion.

📖 The Lexington Public Library | First things first, get yourself a library card. Once you’re a member, you’ll have access to schedule one-on-one time with a librarian to walk through these various resources:

  • Business Source
  • LinkedIn Learning
  • Small Business Reference Center

🤝 Kentucky Small Business Development Center | KSBDC helps connect new + existing entrepreneurs to coachesat no cost. It also offers a variety of low-cost training programs from industry experts and qualified KSBDC consultants. Get help with creating a business plan, market research, compiling financial data, and more.

🏢 Commerce Lexington | Our chamber of commerce is full of resources for area entrepreneurs + plays a huge role in the economic developmentahem, attracting new businesses.

  • Connect with business professionals through luncheons, mixers, and other events.
  • Leadership development opportunities
  • Locate in Lexington — A guide for chamber-affiliated resources

💰 Community Ventures | This local nonprofit helps entrepreneurs get a jumpstart by providing any size loanfrom $500 to $5 million. It also offers a six-session business builder course covering research, planning, marketing, and financials.

💸 Bluegrass Angels | A volunteer-led group of experienced business leaders, Bluegrass Angels will help fund + mentor innovative startups. It also draws funding for local businesses from angel investors around the country.