The Bluegrass State is emerging as a national leader in electric vehicle transformation, announcing more than$10.6 billion of investments and over 10,000 full-time jobs since 2020. CNBC recently noted that Kentucky, Georgia and Michigan are poised to dominate EV battery manufacturing by 2030. Ford Motor Company and SK is currently building the BlueOval SK Battery Parkin Glendale. The $5.8 billion project, one of the largest in the state’s history, will create more than 5,000 jobs and will start production in 2025. The facility will build advanced batteries for Ford and Lincoln electric vehicles and can produce more than 80-gigawatt hours annually.
Kentucky Business Investment Program: Offers income tax credits and wage assessments to eligible companies that locate or expand operations in the state.
SBIR-STTR Matching Funds Program: Matches, on a competitive basis, up to $150,000 for Phase 1 and up to $500,000 for Phase 2 federal SBIR and STTR awards.
Kentucky Small Business Credit Initiative (KSBCI): Offers credit enhancement programs to help lenders finance creditworthy small businesses that would typically fall just outside of normal lending guidelines.
Bluegrass State Skills Corporation Skills Training Investment Credit (STIC): Offers grants and tax credits to businesses that sponsor skills training programs for their employees.
Kentucky Enterprise Initiative Act: Offers sales and use tax refunds for eligible companies investing at least $500,000 for construction costs, building fixtures, equipment used in research and development and electronic processing.
Kentucky Small Business Tax Credit: Encourages small business growth and job creation by providing nonrefundable tax credits to eligible businesses increasing employment and investing at least $5,000 in qualifying equipment and technology.
Cabinet for Economic Development
ced.ky.gov
Frankfort Area Chamber of Commerce
frankfortky.info/business-resources/start-a-business
Commerce Lexington
locateinlexington.com
Greater Louisville Inc.
greaterlouisville.com/economic-development
Louisville Forward
louisvilleky.gov/government/louisville-forward
In March 2023, the state launched Supply Kentucky with a goal of creating a more interconnected economy by matching the state’s manufacturers and suppliers. The hope is to improve job growth, reduce manufacturing costs and create more secure supply chains. Supply Kentucky features a free searchable database Kentucky manufacturers and suppliers can register with and use to search for other companies with which to to do business.
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1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
