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Kentucky Investment Fund Act (KIFA)

Kentucky Investment Fund Act (KIFA)

Offers investors a transferable credit for investing in funds that back Kentucky small businesses through KEDFA.

OpenKentucky Economic Development Finance AuthorityUnited States

The Kentucky Investment Fund Act (KIFA) is a tax credit program administered by KEDFA under the Kentucky Cabinet for Economic Development. Authorized by KRS 154.20-250 to 154.20-284, the program encourages both individual and corporate investors to direct capital into KEDFA-approved venture funds that in turn deploy that capital into Kentucky-based small businesses. The program's stated objectives…

Offers individual and corporate investors a 25–40% tax credit on investments in KEDFA-approved venture capital funds that deploy capital into Kentucky small businesses with fewer than 100 employees, with credits carrying forward up to 15 years.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Tax credit
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 24 Jul 2026Source: ced.ky.gov