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Innovative Kentucky Businesses Awarded $900,000 in Match Funding

Innovative Kentucky Businesses Awarded $900,000 in Match Funding
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Kentucky tops south central region for economic development projects per capita in 2020

WNKY 40 News
April 12, 2021
FRANKFORT, Ky. (April 12, 2021) – Though the past year brought no shortage of obstacles for businesses across the globe, private-sector companies continued to announce job-creating projects in the commonwealth as Team Kentucky works to build a stronger economy for the long-term.
As evidence, Site Selection magazine’s annual Governor’s Cup rankings for 2020 positioned Kentucky atop the South Central region, and third nationally, for qualifying projects per capita. The commonwealth also placed seventh overall in total projects, the highest of any state with a population under 5 million.
“The past year has been one of undeniable challenges and hardship, but 2020 also proved how resilient Kentucky is, and that virtue most certainly applies to our business community,” Gov. Andy Beshear said. “Even with all the pandemic’s uncertainty, companies announced thousands of quality opportunities for Kentuckians. Building an economy tha ....

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Discover Kentucky Initiative aims to drive new business for companies, create investment and jobs for state

Gov. Andy Beshear and the Kentucky Chamber of Commerce, announced a new partnership – the Discover Kentucky Initiative – to introduce Chamber members to European companies interested in the U.S. market, lay groundwork for partnerships and build long-term relationships aimed at creating new investments, jobs and economic strength.
While the pandemic disrupted operations for many businesses and blocked several traditional channels of economic development the past 11 months, it also opened new opportunities. The Discover Kentucky Initiative is designed to capitalize on those.
For Chamber members, opportunities include potential distributor agreements, corporate partnerships and increased trade. The state’s economy will benefit as the initiative creates and nurtures relationships, aiming to translate them over the long-term into investments, new facilities and jobs for Kentuckians. ....

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