Economic Development Toolkit
Commonly Used Economic Development Terms and Acronyms
Every industry has their own jargon. The economic development world is no exception! It is important to know and understand the most commonly used terms as they will equip you with the knowledge you need to help your community grow and thrive. For easy reference we have compiled a condensed list of terms that you will hear the most often.
Learn moreCommunity Partners in Economic Development
There are often many organizations working toward growth in a community. To be the most effective and efficient, collaboration is KEY!
Learn moreHow to Respond to a RFI
A community can receive a Request for Information (RFI) from either a business directly or from the Kentucky Cabinet for Economic Development. It will typically include the following: a project description, the project investment, and an approximate number of new jobs that will be created. This document will help you prepare what you need to have on hand when a business or consulting firm is looking to locate in your community. We also provide an example and a template for you to use.
Learn moreState Incentives for New and Expanding Businesses
There are multiple incentives offered through the Commonwealth of Kentucky. We list the most popular incentives, and also link to a complete list at the end of the document with all available options and state links, so you can determine what would be the best fit for your community or business.
Learn moreHow to Run for Elected Office in Kentucky
Elected officials are an active community partner in economic development. We provide a two page guide that has a step-by-step process for registration, as well as the website URLs and contact information you will need.
Learn moreWorkforce Development Resources in Kentucky
There are workforce development resources for business owners and Kentuckians looking to sharpen their skills. We provide links to several websites with more information.
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