Find the Perfect Incentive for Your Business

Kentucky Business Incentives and Financial Programs

Businesses in our area thrive with access to a wide range of state and local incentives designed to reduce costs, drive innovation, and promote sustainable growth. Whether you’re launching a startup, expanding your facility, or modernizing operations, incentives are available to help achieve your unique business goals.

KY State Incentives Information

Find the Right Incentive for Your Business

For Manufacturing Companies Expanding Operations:

Kentucky Business Investment (KBI) Program: Tax credits and wage assessments for creating jobs and making qualifying investments.
Kentucky Reinvestment Act (KRA): Tax credits for manufacturers investing in equipment and facility upgrades.
Industrial Revenue Bonds (IRB): Tax-exempt bonds to finance large-scale manufacturing and utility projects.

For Small Businesses & Startups:

Kentucky Small Business Investment Credit (KSBIC): Tax credits for hiring new employees and investing in equipment.
Direct Loan Program (KEDFA): Low-interest loans supporting job creation and business expansion.
Kentucky Enterprise Fund & Rural Innovation Fund: Venture capital for tech-driven startups commercializing innovative products.

For Tech-Driven & Research Companies:

High-Tech Investment / Construction Pools: Funding for commercializing tech innovations and creating high-tech jobs.
SBIR-STTR Matching Funds Program: Matches federal grants for research-focused small businesses.
Commonwealth Seed Capital LLC: Early-stage seed funding for high-growth tech companies.

For Green Energy & Sustainability Projects:

Kentucky New Energy Ventures Fund: Funding for renewable energy and alternative fuel projects.
Incentives for Energy Independence Act (IEIA): Tax credits and reimbursements for renewable energy facilities.
Kentucky Environmental Stewardship Act (KESA): Tax credits for companies creating environmentally beneficial products.

For Businesses Investing in New Facilities or Infrastructure:

Kentucky Enterprise Initiative Act (KEIA): Refunds sales and use tax on construction materials and eligible equipment for R&D and data processing centers.
Industrial Revenue Bonds (IRB): Tax-exempt bonds to finance major infrastructure and facility projects.

For Manufacturing Companies Expanding Operations:

Kentucky Business Investment (KBI) Program: Tax credits and wage assessments for creating jobs and making qualifying investments.
Kentucky Reinvestment Act (KRA): Tax credits for manufacturers investing in equipment and facility upgrades.
Industrial Revenue Bonds (IRB): Tax-exempt bonds to finance large-scale manufacturing and utility projects.

For Small Businesses & Startups:

Kentucky Small Business Investment Credit (KSBIC): Tax credits for hiring new employees and investing in equipment.
Direct Loan Program (KEDFA): Low-interest loans supporting job creation and business expansion.
Kentucky Enterprise Fund & Rural Innovation Fund: Venture capital for tech-driven startups commercializing innovative products.

For Tech-Driven & Research Companies:

High-Tech Investment / Construction Pools: Funding for commercializing tech innovations and creating high-tech jobs.
SBIR-STTR Matching Funds Program: Matches federal grants for research-focused small businesses.
Commonwealth Seed Capital LLC: Early-stage seed funding for high-growth tech companies.

For Green Energy & Sustainability Projects:

Kentucky New Energy Ventures Fund: Funding for renewable energy and alternative fuel projects.
Incentives for Energy Independence Act (IEIA): Tax credits and reimbursements for renewable energy facilities.
Kentucky Environmental Stewardship Act (KESA): Tax credits for companies creating environmentally beneficial products.

For Businesses Investing in New Facilities or Infrastructure:

Kentucky Enterprise Initiative Act (KEIA): Refunds sales and use tax on construction materials and eligible equipment for R&D and data processing centers.
Industrial Revenue Bonds (IRB): Tax-exempt bonds to finance major infrastructure and facility projects.

With customized incentives designed to meet a variety of business needs, South Western Kentucky ensures your company has the support it needs to reduce operating costs, fuel innovation, and achieve long-term success.