Skills Training Investment Credit (STIC)
Minimum Investment: $12,000
Eligible companies include manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, hospital operations, coal severing and processing, alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines. Covers 50% of eligible training costs for up to $75,000 with a maximum of $2,000 multiplied by the number of eligible trainees (minimum of three). Statutory limitation is $2,500,000 per fiscal year.
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Minimum Investment: $12,000
Eligible companies include manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, hospital operations, coal severing and processing, alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines. Covers 50% of eligible training costs for up to...
Learn More about Grant-In-Aid (GIA)
Minimum Investment: Negotiable
Eligible businesses include those in agribusiness, tourism, manufacturing,
or the service industry. Only fixed asset financing is permissible.
Learn More about KEDFA Direct Loan/Grant
Minimum Investment: Cash investment of $10,000 made by a qualified investor in a qualified small business
Eligible: Knowledge-based activity related to bioscience; environmental and energy technology; health and human development; information technology and communications; materials science and advanced manufacturing; or other knowledge-based activities. Qualified...
Learn More about Kentucky Angel Investment Tax Credit
Minimum Investment: $100,000
Eligible companies include manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, hospital operations, coal severing and processing, alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines. The approved company is required to certify that without...
Learn More about Kentucky Business Investment (KBI)
Minimum Investment: $500,000 Construction Materials & Building Fixtures; $50,000 Electronic Processing Equipment
Eligible companies include manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, hospital operations, coal severing and processing, alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, carbon dioxide transmission pipelines, or...
Learn More about Kentucky Enterprise Initiative Act (KEIA)
Minimum Investment: $2,500,000 for owned projects; $1,000,000 for leased projects.
Eligible companies include manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, hospital operations, coal severing and processing, alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines that have...
Learn More about Kentucky Reinvestment Act (KRA)
Minimum Investment: $5,000
Eligible small businesses include most for-profit entities that have fifty or fewer full-time employees at the time of application. There is a $25,000 maximum tax credit cap per applicant for each calendar year. Performance must occur prior to submitting the application.
Learn More about Kentucky Small Business Tax Credit (KSBTC)
Minimum Investment: Property tax only - $10 million; Mixed-use - $20 million; Signature - $200 million
Eligible: Public agencies that need to assist the cost of public infrastructure (e.g., streets, sewers, parking lots, etc.). TIF captures the future value of an improved property to...
Learn More about Tax Increment Financing (TIF)