A nonprofit publication of the Kentucky Center for Public Service Journalism

Economic Development Cabinet Secretary Terry Gill resigns, Gov. Bevin recommends Sarin as interim

Gov. Matt Bevin on Tuesday accepted with regret the resignation of Terry Gill, secretary of the Kentucky Cabinet for Economic Development, effective at the end of May. Terry Gill “The impact that Terry’s leadership has had on the economy of our commonwealth cannot be overstated,” Gov. Bevin said. “He brought to our economic development efforts the perspective of a business executive who knows...

Murray State University selected to establish regional hub for startup businesses in Western Kentucky

KY Innovation has selected Murray State University and its partners to establish a regional hub to serve, attract and cultivate more innovative entrepreneurs and startup businesses in west Kentucky. Murray State’s Center for Telecommunications Systems Management (CTSM) will partner with the Technology Council of West Kentucky (TCWK) and entrepreneurship service providers throughout the area to launch...

SOAR chosen to lead inaugural Regional Innovation for Startups and Entrepreneurs consortium

Shaping Our Appalachian Region (SOAR) was chosen as the first leader of one of Kentucky’s newly established hubs to serve, attract and develop more innovative entrepreneurs and startup businesses. KY Innovation selected SOAR to head a Regional Innovation for Startups and Entrepreneurs (RISE) consortium as part of its 120-county effort to modernize the way the Kentucky supports high-tech, high-growth...

Still time to apply for the Kentucky Small Business tax credit but deadline is November 1

Time is limited, but Kentucky small businesses can still claim a tax credit of up to $25,000 on their 2018 tax returns. By submitting a complete application for the Kentucky Small Business Tax Credit program by Nov. 1, small businesses stand the best chance of receiving approval in time for their 2018 tax filings. Tax credits are available for companies that, in the past 24 months, added at least one...

State to employ new stategy in attracting innovative new high-tech startups, assisting small businesses

To better serve, attract and develop innovators and startups, Kentucky will deploy a new regional approach to developing high-tech, high-potential-growth businesses, while continuing to assist small businesses seeking support. KY Innovation, the state’s recently launched initiative supporting businesses founders and growing companies, will soon begin implementing Regional Innovation for Startups...

State launches ‘reimagined’ support system for business innovators with new KYInnovation website

Capping Startup Week in Kentucky, officials on Friday unveiled KYInnovation.com, the state’s reimagined initiative for supporting and connecting companies, collaborators and investors. Through a suite of services, expert advisors and programs, the KY Innovation platform will provide crucial resources for founders to launch, grow and scale their businesses while strengthening Kentucky’s overall...