Kentucky Cabinet for Economic Development
Overview
The Kentucky Cabinet for Economic Development (CED) is the primary state agency in Kentucky responsible for encouraging job creation, retention, and new business investment. It provides support and resources for entrepreneurs and existing companies, and administers financial incentive programs through the Kentucky Economic Development Finance Authority (KEDFA). These programs include loans, tax credits, and grants to attract new industries and help existing ones expand. A key division, KY Innovation, oversees programs like the SBIR/STTR Matching Funds Program to support early-stage technology companies.
Portfolio Companies
12
Website
ced.ky.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Bexion Pharmaceuticals | Jul 2009 | Grant | Lead |
| ElectraMet | Jun 2021 | Series B | Co-investor |
| Wicked Technologies | Jan 2023 | Grant | Co-investor |
| DesiCorp, Inc. | Jul 2023 | Grant | Co-investor |
| Bert Thin Films | Feb 2019 | Grant | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Kentucky Cabinet for Economic Development based?
Kentucky Cabinet for Economic Development is headquartered in Frankfort, Kentucky, United States.
When was Kentucky Cabinet for Economic Development founded?
Founding year information for Kentucky Cabinet for Economic Development is not publicly available.
How many portfolio companies does Kentucky Cabinet for Economic Development have?
Kentucky Cabinet for Economic Development has 12 portfolio companies in Caplight's dataset.
What are some companies in Kentucky Cabinet for Economic Development's portfolio?
Portfolio companies visible on Caplight include Bexion Pharmaceuticals, ElectraMet, Wicked Technologies, DesiCorp, Inc., Bert Thin Films.
What was Kentucky Cabinet for Economic Development's most recent investment shown here?
Kentucky Cabinet for Economic Development's most recent investment in this portfolio sample was in DesiCorp, Inc. in 2023.
What sectors does Kentucky Cabinet for Economic Development focus on?
Kentucky Cabinet for Economic Development focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Healthcare & Life Sciences, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software.
What company stages does Kentucky Cabinet for Economic Development focus on?
Kentucky Cabinet for Economic Development typically invests at the MultiStage stage.