The Covington Board of Commissioners approved a new round of small business incentives at its meeting this week. The incentives took the form of two facade grants, which are used to finance building repairs and a rent subsidy. The first facade grant will go to the owner of 507 Altamont Road, which is currently listed […]
Tag: small business incentives
Posted inBusiness
Covington to give incentives to SparkHaus, seven other businesses
UPDATE: The Covington Board of Commissioners approved all of the incentives listed below at their meeting on Tuesday, June 24, 2025.–LINK nky editorial, June 25, 2025. The City of Covington is poised to dole out incentives to seven businesses, plus the Northern Kentucky Port Authority, next week as part of the latest round in its […]
Posted inBusiness
Covington alters small business incentives for next fiscal year
Covington voted this week to reform its small business incentive programs for the upcoming fiscal year, which begins July 1. The program is updated annually based on the city’s broad economic conditions. The city has three programs, all designed to attract and keep entrepreneurial ventures: a rent incentive program, a facade improvement forgivable loan program […]
Posted inNews
Covington small businesses have until July 19 to apply for city incentives
Covington is offering $35,000 in economic development incentives to small businesses located in the city, with applications due by July 19, and three types of incentives available.
Posted inBusiness
Covington to approve several small business incentives
The Covington Board of Commissioners and Department of Economic Development discussed various small business incentives, including rent subsidies, facade grants, historic signage assistance, and job development incentives, which will likely pass at the next meeting.
Posted inNews
Covington businesses set to receive rent, facade improvement subsidies through city’s Small Business Program
Ten Covington small businesses are set to receive financial help from the city’s Small Business Program. On Tuesday night, the Covington Board of Commissioners elevated the small business incentives to the consent agenda for next week’s legislative meeting happening on Tuesday, Feb 13 at 6 p.m. Five businesses are set to receive rent subsidies, while […]
Posted inBusiness
Deadline for Covington small business incentives ends Dec. 29
The deadline to apply for small business incentives through the City of Covington is Dec. 29. There is currently about $128,000 remaining in the program’s funding allocation, according to a recent announcement from the city. The small business incentive program began as a way of attracting and investing in local businesses in Covington. “The program […]