South Western Kentucky EDC
facebooktwitterView Report
270.885.1499
.(JavaScript must be enabled to view this email address)
Work Ready
facebooktwitterView Report
270.885.1499
.(JavaScript must be enabled to view this email address)

Energy and Environment

  • Kentucky New Energy Ventures Fund 
    The Kentucky New Energy Ventures Fund provides seed stage capital to support the development and commercialization of alternative fuel and renewable energy products, processes, and services in Kentucky. The funds exist to stimulate private investment in Kentucky-based technology companies with high growth potential. KNEV makes grants of $30,000 and investments ranging from $250,000 to $750,000+. Qualified companies must be Kentucky-based and funds are to be used for business development activities.

  • Incentives for Energy Independence Act – IEIA (PDF) 
    Requires a capital investment of at least $25 million for an alternative fuel facility using biomass, or an investment of at least $100 million for an alternative fuel facility using coal, as its primary feedstock. A capital investment of at least $1 million is required for a renewable power facility that meets minimum electric output standards based upon the power source. The negotiated incentives cannot exceed 50 percent of the capital expenditures and may include a reimbursement of sales and use taxes paid on tangible personal property; a tax credit of the income tax and limited liability entity tax owed by the company; and, wage assessment incentives up to 4 percent of gross wages of each employee whose job was created as part of the project. Advanced disbursements may also be available.

  • Kentucky Environmental Stewardship Act (KESA) (PDF) 
    For companies manufacturing products that have a substantial positive impact on human health and the environment. Companies with projects approved under KESA must have at least $5 million in eligible cost and can potentially recover up to 25 percent of the projects fixed asset cost and 100 percent of employee skills training. The tax incentive is available for recovery over a 10-year period.

 



Add to Report

As you navigate our website, you can use the “Add Page to Report” button to add any page or property to a custom report that you can print out or save.

Sites and Buildings
Interactive Map
Testimonials

RECENT NEWS

May 17, 2017

Christian County awarded $4.2 Million Work Ready Skills Grant
In February, 2017, Governor Matt Bevin and Education and Workforce Development Secretary Hal Heiner announced $34 million in funding for…
learn more...

Apr 28, 2017

MSSC Makes $11 Million Automation Investment
MSSC, a Tier One automotive supplier, located in Hopkinsville Industrial Park, will invest $11 million in automated equipment for their stabilizer…
learn more...

Mar 31, 2017

TG Automotive Sealing to Invest $7.5 Million in Upgrades, Employee Training for Hopkinsville Plant
Projects will add air-conditioning, production equipment, employee certification and training program With a nearly $7.5 million investment, TG Automotive Sealing…
learn more...
For more information, contact Liana Mitchell Wallace: 270.885.1499or .(JavaScript must be enabled to view this email address)
© 2017. All rights reserved | Site developed by Marketing Alliance, Inc. | Language:

SITE SELECTION REGIONAL DATA BUSINESS AND INDUSTRY QUALITY OF LIFE NEWS AND MEDIA ABOUT

Utilities

Sites & Buildings

Data Center Site

Incentives

Pad Ready Site

Workforce

Infrastructure

Demographics

Transportation

Fort Campbell Labor Facts

Training

Interactive Map

Manufacturing Directory

Top 10 Regional Employers

International Companies

Agribusiness

New Businesses and Expansions

Testimonials

Housing

Cost of Living

Healthcare

Education

Community Profile

Recreation

News

Helpful Resources

Staff

Location and Contact

Board of Directors

EDC Supporters