October 16, 2018  
 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Small Business News for Entrepreneurs

 

Small Business Finance News

 

Kentucky Small Businesses Can Take Advantage Of Tax Credit

Written by Ken Gaebler
Published: 12/29/2010

Kentucky Small Business Investment Credit program seeks to help area entrepreneurs

In the latest news for small business owners in Kentucky, entrepreneurs will be able to get a tax credit, thanks to a new program by a nonprofit organization.

Entrepreneur Money Stack

The Kentucky Small Business Investment Credit program seeks to give those interested in starting their own businesses or getting added funding tax credits ranging from $3,500 to $25,000. In order to qualify, businesses will need to prove that the funding will create at least one job and also invest a minimum of $5,000 in new technology or equipment.

The group behind the initiative program, the Kentucky Small Business Development Center, said that the program would be key in trying to help the local economy recover.

"Helping Kentucky small businesses grow and add jobs is a giant step in supporting the future of our commonwealth," said Becky Naugle, state director of the Kentucky Small Business Development Center.

Kentucky made other news for small business when Republican Hal Rogers announced that he would lead a new committee in the U.S. House of Representatives. Rogers will lead the Appropriations committee beginning in January 2011. 

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:

 


About Our News for Small Business Owners

Our team publishes news articles for entrepreneurs whenever there's news. Our small business news articles review trends in business management, analyze the impact of new government policies, monitor key economic indicators that impact small business, and cover many other topics of interest to small business owners.

 

 

Additional Resources for Entrepreneurs

Help for Native American Entrepreneurs

Resources for Gay Entrepreneurs

Businesses for Sale

Online Entrepreneur Tools

Economics

Lists of Small Business Incubators

Lists of Angel Investors