Kentucky Product Development Initiative (KPDI)
NOTICE: Due to hardships resulting from the recent flooding in Eastern Kentucky, the following Kentucky counties are exempt from filing a Letter of Intent for the KPDI program: Breathitt, Clay, Floyd, Leslie, Letcher, Magoffin, Martin, Owsley, Perry, Pike and Whitley.
The newly established Kentucky Product Development Initiative (KPDI) is a statewide effort to support upgrades at industrial sites throughout the commonwealth and position Kentucky for continued economic growth. KPDI, a collaboration between the Kentucky Cabinet for Economic Development and Kentucky Association for Economic Development (KAED), includes $100 million in state funding toward upgrades of sites and buildings across the state.
KPDI applicants, such as local governments and economic development organizations, may seek funding assistance for transformative site and infrastructure improvement projects that will generate increased economic development opportunities and job creation for Kentucky residents.
Through KPDI, funding is available through a competitive application process, with each of the 120 Kentucky counties eligible for a maximum funding amount calculated based on population. There is a maximum of $2 million per county per project. Applicants are encouraged to submit regional projects, which allow available funding for multiple counties to be combined, increasing the maximum allowed for a given project.
KPDI Fact Sheet and FAQs:
A fact sheet providing an overview of the KPDI program, including guidelines for eligibility and a breakdown of the maximum funding available for each county, is available here.
August 5, 2022 - Letter of Intent deadline
September 16, 2022 - Applicant submission deadline
Two introductory webinars highlighting the new KPDI program were held on July 14 and July 21, which provided a general overview of the program and an in-depth look at the application process.
Applications and questions about the KPDI program can be submitted to KPDI@KAEDOnline.org.