The Somerset-Pulaski Economic Development Authority (SPEDA) strives to provide opportunities that foster business growth, improve workforce development, increase tourism, and encourage industry leaders. SPEDA is an aggressive, innovative, and collaborative city-county partnership that leads the way in improving the economic, political, and social well-being of its citizens. Using a proactive mindset, SPEDA utilizes industrial recruitment, retail and commercial development, tourism marketing and promotion, education, workforce development, arts and entertainment with overall community planning to improve quality of life in Somerset, Pulaski County and the Lake Cumberland region.