Kentucky Cabinet for Economic Development
Frankfort, Kentuckyced.ky.gov
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
11
Website
ced.ky.govInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| HeXalayer | Jul 2025 | Grant | Co-investor |
| DesiCorp, Inc. | Jul 2023 | Grant | Co-investor |
| HeXalayer | Jul 2023 | Grant | Co-investor |
| Wicked Technologies | Jan 2023 | Grant | Co-investor |
| Lepidext | Jan 2023 | Grant | Co-investor |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
