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Find similar grantsKentucky Export Initiative (STEP Grant) is sponsored by Kentucky Cabinet for Economic Development. Through the Kentucky Export Initiative, small businesses can receive STEP grant funding for export-related activities.
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Access to Capital in Kentucky | Kentucky Cabinet for Economic Development ATTENTION: CED staff is currently reviewing recently passed legislation related to economic development activity. Please stay tuned for important updates. Capital is one of an entrepreneur’s biggest needs to launch and grow a company.
Yet it is also one of the most difficult challenges. The Cabinet for Economic Development has a variety of successful tools that match entrepreneurs with the funding they need – whether that is access to investors, small business loans or tax credits. Outlined below are some of those tools.
Kentucky Small Business Tax Credit If your small business has hired at least one new full-time position and invested in qualifying equipment, you could be eligible for a tax credit. Through the Kentucky Export Initiative, small businesses can receive STEP grant funding for export-related activities each year.
Kentucky Small Business Credit Initiative This federally funded lending support program helps lenders finance creditworthy small businesses that would typically fall just outside of their normal lending guidelines. Small business engaged in manufacturing, agribusiness, or service and technology may be eligible for loans to acquire land and buildings, purchase and install equipment, or for working capital.
Investors throughout Kentucky are eager to foster the growth of small businesses. The Cabinet has compiled information for investors, as well as lists of prospective investors. Angel Investment Tax Credit The Kentucky Angel Investment Tax Credit offers credits of up to 40 percent of an investment in Kentucky small businesses.
Kentucky Investment Fund Act The Kentucky Investment Fund Act offers a 25 percent tax credit to certain personal and corporate investors in approved investment funds. Commonwealth Seed Capital CSC invests in companies that have a significant Kentucky presence, the prospect for substantial growth, and the potential to generate an appropriate rate of return.
SBIR-STTR Matching Funds Program The Cabinet will match, on a competitive basis, Phase 1 and Phase 2 federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) awards received by Kentucky high-tech small businesses and those willing to become Kentucky-based businesses.
Kentucky Selling Farmer Tax Credit If you are a small farmer selling eligible agricultural assets to a beginning farmer, you may qualify for a tax credit. Other Opportunities for Businesses Click below for a full list of Kentucky business incentives. Kentucky Cabinet for Economic Development Fill out completely to submit your inquiry
According to the current listing, eligibility includes: Small businesses in Kentucky. Confirm the full requirements in the official notice before applying.
The current listing shows $15,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Applications for Kentucky Export Initiative (STEP Grant) are due September 9, 2027. Build your timeline backwards from this date to cover registrations, approvals, and final submission checks.
Kentucky Export Initiative (STEP Grant) is funded by Kentucky Cabinet for Economic Development. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Kentucky. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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