Financial Incentives
The Kentucky Cabinet for Economic Development's Financial Incentives program funds research, technology commercialization, and workforce training to boost scientific and economic growth in Kentucky.
Funder: Kentucky Cabinet for Economic Development
Due Dates: September 25, 2026 (Monthly, last Friday of month prior to KEDFA meeting)
Funding Amounts: Varies by program; includes tax credits, loans, and grants; typical awards range from $5,000 (tax credits) to multi-million dollar incentives for large projects; see program details for specifics.
Summary: Offers financial assistance, tax credits, and other incentives to support business growth, job creation, and economic development in Kentucky.
Key Information: Applications must be submitted by the last Friday of the month prior to the KEDFA meeting.
Description
The Financial Incentives program, administered by the Kentucky Cabinet for Economic Development through the Kentucky Economic Development Finance Authority (KEDFA), provides a suite of financial assistance options—including tax credits, loans, grants, and other incentives—to support new and expanding industries, small businesses, workforce training, and technology commercialization across Kentucky. The program aims to foster economic growth, job creation, and long-term prosperity for communities throughout the state by facilitating access to capital and reducing barriers to business expansion.
