Main Local Economy Information in Kentucky
Kentucky's economy includes strong sectors such as automotive manufacturing, bourbon distillation, coal mining, and agriculture, particularly tobacco and corn.
Your Kentucky and Local Small Business Funding Guide
Kentucky offers financial programs including tax credits, energy incentives, and loans to support manufacturing, agriculture, and the bourbon tourism sector.
Small Businesses in Kentucky
Small businesses in Kentucky benefit from the state's diverse economy and cultural heritage, particularly in regions involved in bourbon production and agriculture.
Documents Needed to Get a Small Business Loan in Kentucky
- Detailed business plan demonstrating understanding of market conditions
- Financial statements for the last three years
- Business and personal tax returns
- Registration and licensing documentation
- Credit reports for business principals
Kentucky Department of Commerce: Key Functions and Contact Information
Website URL: Kentucky Cabinet for Economic Development
Phone: [502-564-7140]
Address: Old Capitol Annex, 300 West Broadway, Frankfort, KY 40601
Local Resources in Kentucky
The Kentucky Small Business Development Center (KSBDC) offers training, financial planning, and marketing assistance to help businesses expand and prosper.
How to be Successful with Business Funding in Kentucky
Focus on industries that are central to Kentucky's economy, such as manufacturing, agriculture, and bourbon tourism. Building strong relationships with local business development agencies and participating in state-supported programs can enhance your chances of securing funding.
SBA Resources in Kentucky
The SBA in Kentucky helps businesses with financing, educational programs, and development resources tailored to the state's industrial landscape, particularly in sectors like agriculture and manufacturing.