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You are here: Home / Grant Duration / 2 Years / Lexington-Fayette Economic Development Grant Program (Kentucky)

Lexington-Fayette Economic Development Grant Program (Kentucky)

Dated: December 24, 2021

The Lexington-Fayette Urban County Government (LFUCG) has historically partnered with economic development agencies for the purpose of providing economic and workforce development services. These agencies are diverse in their missions and work plans, and provide services that create jobs and grow payroll, influence growth and tax base enhancement, and enhance economic well-being of the community.

Donor Name: Lexington-Fayette Urban County Government

State: Kentucky

County: Fayette County (KY)

City: Lexington

Type of Grant: Grant

Deadline (mm/dd/yyyy): 01/19/2022

Size of the Grant: $50,000

Grant Duration: 2 Years

Details:

Priorities/Categories

The Lexington-Fayette Urban County Government (LFUCG) is interested in funding projects that will positively impact economic and workforce development in the City of Lexington, that align toward a common goal, particularly in the following areas:

  • Certification/licensure training
  • Employment entry / re-entry

Funding Information

The availability of up to $200,000 in economic development grants was authorized by the Lexington-Fayette Urban County Council for the Year One of this grant cycle.

An applicant may request up to $50,000 per year. Each agency receiving a grant award will receive half of the grant amount allocated for that specific year before the start date of the grant, and the remaining amount allocated for that specific year will be distributed at the end of the grant period if required outcomes are met.

Funding

  • Grant Year One is defined as July 1, 2022 – June 30, 2023.
  • Grant Year Two is defined as July 1, 2023 – June 30, 2024.

Requirements (Certification or licensure training)

  • Certification or licensure training must lead to attainment of a certificate or a license. The training period for the certificate or license must be 1 (one) year or less. If the training for the certificate or licensure is more than 1 (one) year, the applicant will be ineligible for funding for the Certificate/Licensure tract. The certificate or licensure must be awarded by at least one of the following entities:
    • An accredited organization or educational institution (accredited by an certifying agency external to the organization/business/educational institution);
    • A department within the Commonwealth of Kentucky;
    • An instructor who holds a current certificate in the industry, awarded by an accredited organization or educational institution
  • Certificates awarded must be in one of the following sectors:
    • Business & Information Technology
    • Health Sciences
    • Advanced Manufacturing
    • Transportation & Logistics
    • Construction & Skills Trades
    • Other (other licenses/certificates may be considered by the scoring committee)
  • A copy of the certificate or licensure attainment must be provided as part of the outcome reports. All individuals tracked for a particular year in this grant cycle must be newly enrolled within that year (for example, to count for the first year of the grant cycle, all individuals must be newly enrolled between July 1, 2022 and June 30, 2023).

Requirements (Employment entry/Re-entry)

  • Employment entry/re-entry grant programming must lead to employment. Employment entry is defined as someone who has not worked and is entering the workforce and is paying into the payroll tax system. Employment re-entry is defined as an individual who is re-entering the workforce and is paying into the payroll tax system. As defined by the Workforce Innovation and Opportunity Act (WIOA), an individual who is re-entering the workforce is defined as one who has not been working in the past six (6) consecutive months. All individuals tracked in employment for this grant cycle must be newly enrolled within the grant cycle of Year One (July 1, 2022- June 30, 2023).

Eligibility Criteria

In order to qualify, all applicant agencies MUST:

  • Use funds to support impactful approaches that generate improvements in areas related to economic and workforce development (Ex: certification or licensure, employment entry/reentry). This funding is not intended to support general agency operations, salaries, capital or construction projects, other than overhead required to support the proposed program.
  • Have a business license filed by the grant award date and provide services and/or placements in Lexington-Fayette County.
  • Be an accredited educational institution, a nonprofit, or a private business that has a business license filed with the LFUCG Department of Revenue.
  • Agree to negotiated training, placement, licensure and/or certification outcomes.
  • Agree to a negotiated schedule for a commitment of staff time to the WORK-Lexington programming.
  • Execute one or more Purchase of Service Agreement(s) (PSA), to be provided by LFUCG.

For more information, visit Economic Development Grant.

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