SBIR-STTR matching funds program supports high-paying jobs, technology development in the Commonwealth
By the Kentucky Cabinet for Economic Development Growth of high-tech businesses in Kentucky has shown no sign of slowing down, and the state is doing its part to ensure it is keeping up with the demand. Thanks in large part to the SBIR-STTR Matching Funds Program, entrepreneurs, innovators and tech-companies are building momentum in the […]
Small businesses contribute to Kentucky’s unprecedented economic momentum
By the Kentucky Cabinet for Economic Development Kentucky’s economy set a record pace in 2021, including all-time highs in job creation and private-sector new investment. Large-scale projects have been at the center of that success, including Ford Motor Co. and SK Innovation’s $5.8 billion investment to establish an electric vehicle battery park in Hardin County […]
Opportunities abound for Kentucky’s workforce on heels of record economic growth
By the Kentucky Cabinet for Economic Development The commonwealth is experiencing economic growth like it has never seen, and the result is more opportunities than ever for growing businesses of every size and specialty, and residents looking to land quality jobs. Year-to-date, new and expanding companies in Kentucky have announced $10.3 billion in new investment, […]
Manufacturing Month spotlights rapidly growing sector in Kentucky
By the Kentucky Cabinet for Economic Development As Kentucky’s economy grows at a record-breaking pace, the state’s manufacturing sector serves as a clear cornerstone of that success, driving billions of dollars of ongoing investment and thousands of new jobs across the commonwealth. October is Manufacturing Month While the state’s rapidly growing manufacturing sector provides a […]
Innovative initiatives attract tech startups to Paducah, help Kentucky-grown companies succeed
By the Kentucky Cabinet for Economic Development For evidence of the momentum entrepreneurs and startups are seeing in Kentucky, look no further than what’s happening in Paducah. The West Kentucky city’s initiatives – fueled by its local innovation lab, Sprocket Inc., in partnership with KY Innovation, the state’s office for entrepreneurial and small business growth […]
Kentucky attracts top tech talent with higher quality of life, lower cost of living
By the Kentucky Cabinet for Economic Development With the technology sector slated for continued fast-paced growth and about 3.5 million STEM openings expected by 2025, demand for tech talent remains sky-high. But even some of the most skilled workers still struggle to attain their full potential while dealing with the exorbitantly high costs of living […]