Posted inNews

Catalytic Fund announces board leadership change

The Catalytic Fund, a Northern Kentucky-based real estate development financial institution, is undergoing its first leadership transition since its founding in 2008. Effective July 1, Bernie McKay will become chairman of the board, succeeding founding chair Chuck Scheper. McKay currently serves as president and CEO of the Carol Ann and Ralph V. Haile, Jr. Foundation. […]

Posted inBusiness

$2 million loan for SparkHaus project approved

Sparkhaus, a development project that aims to build an entrepreneurial hub in Covington’s urban core, locked down a key loan. Located at 727 Madison Ave. in Covington’s Central Business District, SparkHaus is transforming the vacant Simms Furniture building into a space where Northern Kentucky-based founders, investors and support organizations can collaborate in one central office […]

Posted inNews

Central Bank boosts investment in Catalytic Fund

Lexington-based Central Bank is upping its investment in the Catalytic Fund with a new commitment of $1 million. The Catalytic Fund, a Community Development Financial Institution, is a private sector, not-for-profit entity that attracts quality place-based investments to Northern Kentucky that result in regional economic development and local community development. Central Bank was one of […]

Posted inNews

Truist Charitable Fund awards $250,000 to Catalytic Fund

The Catalytic Fund, a Northern Kentucky-based nonprofit community investment fund, recently received a $250,000 grant from the Truist Charitable Fund. The Catalytic Fund’s capital pool is part of a $27 million investment fund the institution uses to make real estate investments in Northern Kentucky. “This grant from Truist Charitable Fund expands our capacity to invest […]

Posted inMind Your Business, NKY!

LISTEN: Creating relationships with local communities with Jeanne Schroer of The Catalytic Fund of NKY

This week on our new podcast, Mind Your Business, NKY!, LINK nky COO Mark Collier steps in for Lacy Starling and talks new businesses with LINK nky’s Business Reporter Kenton Hornbeck. Learn more about which popular restaurant is opening a second location in Fort Thomas and our own local business bracket for March Madness called […]

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