Kansas Economic Opportunity Initiatives Fund
These funds are provided by the State Legislature to address opportunities or emergencies that may have substantial impact on the Kansas economy. This performance-based financial assistance is used to secure economic benefits and/or avoid or remedy economic losses. Eligible projects may include major expansion of an existing Kansas commercial enterprise, potential location of a major employer in Kansas, matching a significant federal or private sector grant, departure or substantial reduction of the operations of a major employer, or the closing of a major federal or state institution. Funding needs are considered upon application.
Approved applications for qualified businesses generally are performance-based, zero percent interest, forgivable loans for a five-year period. Annual reports are required to verify job creation and payroll performance against contractual commitments.
Related Documents
KEOIF Guidelines and Application (Word doc)
KEOIF Guidelines and Application (.pdf)
KEOIF Process Summary
KEOIF Electronic Funds Deposit Form
For details, please contact:
Darla Price, Business Finance Manager
Topeka, Kansas 66612
Phone: (785) 296-1868
Fax: (785) 296-3490
TTY: (785) 296-3487
E-mail: dprice@kansascommerce.com