Breckinridge County is among the counties included in the latest round of funding from the Kentucky Product Development Initiative.
According to a release from the Kentucky Governor’s Office, 16 projects across 18 counties were approved for a combined $12.4 million to support speed-to-market and site development initiatives.
“We need to make sure that we can run the natural gas line, the water, the sewer, make sure it has power, maybe we do grading, maybe we run the access road, but the idea was that we could look at a company and say ‘We’re not shovel ready, we’re build ready. You choose us at this site and we’ll have you open six months faster than anywhere else in the country.,’” said Governor Andy Beshear during Thursday’s Team Kentucky Update. Kentucky continues to be a leader in site and building development initiatives, laying the groundwork for continued economic momentum and further job opportunities.”
The Governor’s Office says the KPDI “provides funding for local communities to boost investment in site and building upgrades to support future, well-paying jobs and economic growth across the commonwealth.”
Breckinridge County United Inc., through the Breckinridge County Fiscal Court, was approved for $318,237 in state funding for the acquisition of infrastructure and road improvements on an 81-acre site currently owned by the organization.
Learn more about the funding program at kpdi.ky.gov.
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