Kentucky Investment Fund Act (KIFA)
The Kentucky Investment Fund Act (KIFA) offers a 25 percent tax credit to certain personal and corporate investors in approved investment funds. The purpose of KIFA is to encourage capital investment in the Commonwealth of Kentucky, to encourage the establishment of small businesses in Kentucky, to provide additional jobs, and to encourage the development of new products and technologies in the state through capital investments.
- Minimum fund size is $500,000 with no less than four investors
- Qualified investments must meet certain criteria including investments in Kentucky-based businesses with less than 100 employees (see detailed fact sheet for further qualifications)