This represents a 59.3% decrease from 2022, when the state received $39,441,780 in funding.
Kentucky ranked sixth across the U.S. in total EDA grant funding for 2023. South Carolina topped the list with $30,038,466 in funding across 14 grants.
Appalachian Regional Healthcare, Inc. received the largest EDA grant for funding an economic development project in the state, totalling $2,156,800.
EDA Grant Recipients in Kentucky in 2023
| Grantee Name | Total Funding |
|---|---|
| Appalachian Regional Healthcare, Inc. | $2,156,800 |
| Muhlenberg County Fiscal Court | $2,153,010 |
| Pine Ridge Regional Industrial Authority, Inc. | $1,999,388 |
| City of Danville | $1,996,505 |
| City of Carrollton | $1,962,133 |
| Commonwealth of Kentucky – Department for Local Government | $1,442,700 |
| City of Springfield | $1,440,600 |
| Mountain Association for Community Economic Development (MACED) | $1,200,000 |
| The University of Kentucky Research Foundation | $749,795 |
| Foundation for Appalachian Kentucky | $494,700 |
| University of Louisville | $109,618 |
| The University of Kentucky Research Foundation | $109,618 |
| Northern Kentucky University | $109,618 |
| City of Madisonville | $96,000 |
| Kentucky Association of Mitigation Managers, Inc. | $30,170 |