Incentives

Frankfort’s and Kentucky’s innovative and progressive tax incentive programs provide the flexible financial assistance businesses need when locating, expanding or reinvesting in the state. Below are just a few of the programs that can be used to reduce or recover costs of a business investment in Kentucky. We also offer grants for customized workforce training programs, direct loans for fixed asset financing, small business loans and industrial revenue bonds.

The governing bodies of both the City of Frankfort and Franklin County have approved the use of low interest loans, tax abatement and TIF Financing for approved projects.

State Incentives

Local Incentives (PDF/Spreadsheet)

Opportunity Zone

Kentucky Opportunity Zone

Frankfort Opportunity Zone Prospectus