West Kentucky's Site Selection Section

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Major State Incentive Programs

Kentucky has long been a leader in creating aggressive incentive programs that attract capital and job creation.  The state’s new Kentucky Business Incentive (KBI) program combines all of the best of the past programs in a flexible new program.

Companies locating in 4-Star Industrial Park are eligible for Enhanced County status under KBI.  Under this status, companies are able to recoup up to 100% of their investment in land, building and equipment through 1) a credit against their state corporate income tax liability and 2) an amount equal to 3% of employee wages through a recapture of personal income tax withholdings.  Companies can tax advantage of these incentives for up to 10 years.

To learn more about KBI and other incentive programs, please go to http://www.northwestky.com/incentives/index.html.