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​BLOG & NEWS

Commerce Lexington Presents Money Smart Classes for Aspiring & Existing Small Business Owners; Six-Week Program Begins on October 6th

9/23/2025

 
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​Many people have dreams of owning their own business, but often they don’t know where to start. It takes research, proper planning, financing and much more to put oneself in a position to realize the dream of owning and operating a business.  Investing the time on the front end to learn about the steps necessary can increase the odds of success when starting a small business.
 
Commerce Lexington is pleased to provide the Money Smart for Small Business program at no cost for aspiring entrepreneurs and existing small business owners. This six-week program developed jointly by the Federal Deposit Insurance Corporation (FDIC) and the U.S. Small Business Administration (SBA) kicks off Monday, October 6, at 5:30 p.m. in Commerce Lexington’s first floor conference space (330 E. Main Street).  Subsequent classes will continue each Monday evening at 5:30 p.m. through November 10 and will present an introduction to topics related to starting and managing a small business.  Food will also be provided during the classes. 

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Commerce Lexington Issues Statement on the FCPS Budget Shortfall Issue

7/30/2025

 
Background:
Fayette County Public Schools (FCPS) is facing a projected $16 million shortfall in its proposed $813 million FY 2025–26 budget (less than 2% of the budget). To address the gap, the school board voted to increase the local Occupational License Tax (OLT) from 0.5% to 0.75% on people who live and work in Fayette County – generating over $30 million annually. However, following community concerns about transparency, public engagement, fiscal responsibility, and economic impact, FCPS leaders paused the implementation of the tax proposal and formed a budget solutions working group to review the budget, explore cost savings, and recommend solutions. Commerce Lexington representatives on the working group included Hunter Stout (Keeneland), Dr. Stephen Behnke (Lexington Clinic), and Rob Shear (SRC), along with other community leaders. The FCPS School Board is scheduled to revisit the budget issue on Monday, August 18.

Commerce Lexington Statement:
A thriving workforce and community require a strong public school system.

That’s why Commerce Lexington members have participated in the Budget Solutions Workgroup. We want to ensure that Fayette County students and educators have the resources they need for continued success.

Fayette County Public Schools – from Superintendent Demetrus Liggins to classroom teachers and support staff – provide students with a world-class education.

The results speak for themselves. In the last four years, FCPS students are recovering learning loss in reading at three times the national average and outpacing the national average in math recovery, graduation rates are steadily increasing, the number of students taking at least one college-level class has nearly tripled, and FCPS produces 32 percent of the state’s highest-performing students with only 6.5 percent of Kentucky’s total student enrollment.


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An Intern's Perspective: My Summer With Commerce Lexington

7/29/2025

 
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By Reid Maynard, Public Policy Intern
As I wrap up my summer internship with Commerce Lexington as the Public Policy Intern, I’ve taken time to reflect not only on my individual experience, but also on the broader impact and reach of the organization itself. Over the past two months, I’ve been given an invaluable opportunity to gain first hand exposure to the policymaking process at the local, state, and federal levels. What began as a summer internship quickly became an immersive experience in public service, advocacy, and civic engagement. 

​Coming into this role, I anticipated shadowing staff and observing meetings from the sidelines. Instead, I was able to contribute directly to the chamber’s public policy work. From attending Lexington City Council meetings and Interim Joint Committee meetings in Frankfort, to sitting in on strategic conversations with legislators and community stakeholders, each day presented a new opportunity to learn and grow.  I also played a hands-on role in developing policy materials and content that helps inform our members about legislative developments and policy priorities across Kentucky, an experience that enhanced both my research and communication skills. 


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Copyright © 2025 Commerce Lexington Inc., all rights reserved.
COMMERCE LEXINGTON® and the Commerce Lexington logo are registered trademarks of Commerce Lexington.
330 East Main Street, Suite 100, Lexington, Kentucky, 40507
Phone: (859) 254-4447
  • About
    • Message from the Board Chair
    • President's Message
    • Top Investors
    • Board of Directors
    • Racial Equity Pledge
    • Staff Directory
    • Find Our Offices | Parking
    • NEWS
  • Do Business
    • Business Directory
    • Economic Development
    • Minority Business Development >
      • Minority Business Directory
      • Procurement Opportunities
    • Business & Education Network
    • Resources >
      • Start a Business
      • Relocate a Business
      • Funding & Financing
      • Publications
  • Live & Work
    • Relocation Guide
    • Job Board
    • Getting Around
    • Demographics
    • Cost of Living
    • Lexington History
    • Lexington Rankings
    • Education >
      • Public Education
      • Private Education
    • Health Care
  • Advocacy
    • About Public Policy
    • Regional Plan
    • Your Government >
      • Local
      • State
      • Federal
    • Policy Statements & Key Issues
  • Membership
    • Member Benefits
    • Member Discounts
    • Member News
    • Sponsorship Opportunities
    • JOIN
  • Events
    • Events Calendar
    • Submit an Event
    • An Evening With Commerce Lexington
    • International Trip
    • EMERGE >
      • EMERGE Sessions
    • Leadership Visit >
      • Past Trips >
        • Salt Lake City 2024
        • Grand Rapids 2023
        • Tampa-St. Pete 2022
        • Austin 2021
        • Raleigh 2019
      • Impact
    • Regional Summit >
      • Regional Summit Agenda
    • Washington Fly-In
    • Salute to Small Business >
      • Past Award Winners
  • Connect
    • Become a Member
    • Peer Programming >
      • Business Owners Advisory Boards (BOAB)
      • Peer Groups
    • Emerging Leaders of the Bluegrass
    • Leadership Development >
      • Leadership Lexington >
        • Leadership Lexington Alumni Association
        • Projects 2024-25
        • 2025-2026 Class Roster
      • Leadership Central Kentucky >
        • Class Roster 2025-2026
        • LCK Alumni
    • Ambassador Program
  • FOUNDATION