AN ACT relating to economic development.

Amend KRS 154.12-300, 154.12-305, and 154.12-300 to change the Kentucky Innovation and Commercialization Center program to the Kentucky Entrepreneurship and Innovation Hub Program; amend KRS 154.12-300 to define terms; amend KRS 154.12-305 to add goals of supporting entrepreneur-led economic development and attracting workforce talent, investors, and start-up companies to the program; amend KRS 154.12-310 to make conforming changes; amend KRS 164.6011 to include definitions of "early-stage company" and "high-growth company" in the Kentucky Innovation Act;…

Economic Development Funds Information Technology Science and Technology Small Business State Agencies Technology

Introduced: February 6, 2026

Last action: April 13, 2026

(Acts Ch. 114)

In effect since July 15, 2026

Acts from the 2026 Regular Session that don't carry an emergency clause or set their own effective date took effect 90 days after the session adjourned (Ky. Constitution § 55).

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This bill renames and expands Kentucky's Innovation and Commercialization Center program to the Kentucky Entrepreneurship and Innovation Hub Program, with updated goals of supporting entrepreneur-led growth and attracting talent, investors, and startups to the state. It also updates related programs, including allowing companies based outside Kentucky to qualify for state innovation funding if they relocate to Kentucky within 180 days, and expanding Angel Investor Program eligibility to include pass-through business entities. Who it may affect: entrepreneurs, startup founders, early-stage and high-growth companies, and investors interested in doing business in Kentucky.

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