{"data":{"id":"us-ky/krs-154.21-030","jurisdiction":"us-ky","citation":"KRS 154.21-030","heading":"Application processes -- Annual report.","body":"(1) In the implementation of the Kentucky Product Development Initiative, the\nKentucky Association for Economic Development shall:\n(a) Process the grant applications;\n(b) Determine whether a grant applicant is an eligible grant recipient and seeking\na grant for an eligible project;\n(c) Evaluate the project site cited or proposed by each grant applicant in\naccordance with the program's evaluation model described in KRS 154.21-035\nand based on the criteria recommended by the third -party independent site\nselection consultant;\n(d) Score each grant applicant's project pursuant to the scoring system described\nin KRS 154.21-040;\n(e) Rank the grant applicants:\n1. In a manner that prioritizes the greatest return on investment, workforce\ncreation, and relative positive impact on the community; and\n2. Based on the project site evaluation and subsequent project score\ndescribed in KRS 154.21-035 and 154.21-040;\n(f) Compile a list of proposed grant recipients whose eligible project\ndemonstrates a high level of investment poten tial if a grant is made, as\nrevealed by the evaluation, scoring, and ranking process described in this\nsection and KRS 154.21-035 and 154.21-040;\n(g) Submit the proposed grant recipients and their prioritization to the cabinet for\nfinal selection of the grant recipients;\n(h) Provide detailed feedback to all grant applicants after the project site\nevaluation and project score are completed; and\n(i) Compile an annual report for the cabinet conveying the following information\nabout the program:\n1. A list of all program applicants;\n2. The identity of applicants who were not selected for recommendation;\n3. Trends found in feedback given to applicants who were not selected for\nrecommendation;\n4. Eligible uses of the properties cited in the grant applications; and\n5. Any other information requested by the cabinet.\n(2) The Kentucky Association for Economic Development shall contract with a third -\nparty independent site selection consultant to assist with the grant applicant site\nevaluations, scoring, prior itization, and recommendations described in this section\nand KRS 154.21-035 and 154.21-040.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53002","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:54Z","sha256":"ade4857128962febf121edaf939f55c0826962bcaaf7bbc1bbfe749221c69a20","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.21-025","next":"us-ky/krs-154.21-035"},"notice":"GroundRules: Original legal text. Not legal advice."}