GRADD’s Economic Development assistance consists of numerous programs, grants, and most commonly…
Comprehensive Economic Development Planning
GRADD continues to partner with our cities and counties to provide an evaluation of the comprehensive economic development in our region. Potential projects emerge from these evaluations as area leaders continue to diversify and strengthen our region’s economy.
Regional Industrial Parks
The concept of the Regional Park Program is to create large blocks of available, accessible, marketable industrial land in an economical way without regard to county boundaries that will result in greater development and more job opportunities for Kentuckians.
Coal Producing counties first started receiving a share of coal severance tax receipts in 1992. At that time, the Local Government Economic Development Fund (LGEDF) was created to provide grants of coal severance tax revenues to make counties attractive to new manufacturing and service industries, as well as to help existing businesses expand. Each coal producing county is allotted a portion of the LGEDF money for use exclusively in that county, and a portion is set aside for multi-county or regional projects.
Find out more about the Bluegrass Crossings Business Centre
Find out more about the 4 Star Industrial Park