Kentucky Cabinet for Economic Development

126 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 12 market demand, matching companies’ sense of urgency and expediting project timelines in a way many other states cannot. One of these initiatives is the state’s Kentucky Product Development Initiative (KPDI) which allows companies to quickly locate in Kentucky while mitigating risks and delays associated with the construction process. The program was created KENTUCKY CABINET FOR ECONOMIC DEVELOPMENT in partnership between the Kentucky Cabinet for Economic Development and the Kentucky Association for Economic Development (KAED) and is supported by $100 million in funding approved by Gov. Beshear and the state legislature. Through KPDI, local governments and economic development organizations may seek funding to assist with site development efforts, and