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The Kentucky Product Development Initiative - aVenture Government Agency Research

Government Agencies›

The Kentucky Product Development Initiative

The Kentucky Product Development Initiative

Operating Status: Operating

Kentucky-based grant program fostering business development and product innovation.

Founded

2022

Location

Frankfort, KY, US

The Kentucky Product Development Initiative (KPDI) is a grant program established through a collaboration between the Kentucky Cabinet for Economic Development and the Kentucky Association for Economic Development (KAED). Its core mission is to foster business development and product innovation across the state by providing financial support for upgrades at industrial sites. KPDI aims to position Kentucky for sustained economic growth by enhancing the infrastructure and capabilities of its industrial sector.

Notable affiliated organizations include the Kentucky Cabinet for Economic Development and KAED, which play crucial roles in the initiative's execution and oversight. KPDI has successfully allocated significant state funding to various projects, driving economic development and job creation in the region. The program's impact is evident in the improved industrial sites and increased business opportunities, contributing to Kentucky's long-term economic prosperity.

Quick Facts

What organizations are similar to The Kentucky Product Development Initiative?

Organizations similar to The Kentucky Product Development Initiative include Kentucky Cabinet for Economic Development, Kentucky.gov, Kansas Office of Broadband Development and Kentucky Council on Postsecondary Education.

When was The Kentucky Product Development Initiative founded?

The Kentucky Product Development Initiative was founded in 2022.

Where is The Kentucky Product Development Initiative's headquarters located?

The Kentucky Product Development Initiative's headquarters is located in Frankfort, KY, US.

How many employees does The Kentucky Product Development Initiative have?

The Kentucky Product Development Initiative has 100 employees as of Feb 4, 2024.

Classification

Ownership: Government-owned
Technology: Data
Geographic Exposure: United States

Revenue: Recurring
Main Product: Grants

Tags: SaaS

NAICS: 920000Public Administration
SIC: 9100Executive, Legislative, And General Government, Except Finance

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