via Startups@KSTC April 23, 2013

Kentucky Space LLC announced the creation of Space Tango, one of the nation’s first business accelerators specifically for space enterprises and entrepreneurs. Space Tango is an early-stage venture fund, business accelerator and community of entrepreneurs for space-driven startups, with the goal of assisting businesses in developing innovations, novel applications and diverse markets.   

The global space marketplace is now poised for significant growth and opportunity. Unprecedented access to space coupled with the rapid advancement of micro technologies and other innovations are combining to create a dynamic space industry. The 2013 report from the Space Foundation noted that “The global space economy grew by nearly 7% in 2012 reaching a new record of $304.31 billion. As in previous years, the vast majority of this growth was in the commercial sector, which now constitutes nearly three-quarters of the space economy, with government making up the rest”.

Opportunities (including adjacent applications) lie in developing entrepreneurial ideas, companies and products that enable the further exploitation of space.  Possibilities involve small high-value satellites and space platforms, the International Space Station (ISS) and opportunities in biotechnology, exomedicine, novel materials, energy, education, and game design and development…as well as areas and applications not yet imagined.  
 
“The successful development of a commercial and sustainable space marketplace is in large part dependent on disruptive thinking and novel experimentation outside of the traditional boundaries” said Kris Kimel, President of Kentucky Space.
 
In the initial round, Space Tango will invest in up to six companies from across the U.S.  These enterprises will participate in an intensive twelve week on-site program, centered in Lexington, Kentucky, that will provide a complete constellation of services, advisors and networks necessary to successfully start and grow a space-driven business. Companies will be selected primarily on the basis of their idea, science, technology, market fit, customer understanding, management team, and readiness level.
 
Selected companies will have access to a full team of advisors (scientists, engineers, entrepreneurs, sales and marketing professionals, investors, etc.) and facilities.  These other assets include the Exomedicine Institute, technical and ground operations centers at  Morehead State University Space Science Center (21 meter tracking station) and the University of Kentucky Space Systems Lab and offices at the Kennedy Space Center in Florida and NASA Ames Research Center in Silicon Valley (Mountain View, California).
 
“The Office of Commercialization and Innovation is excited about playing a role in the further development of a global space marketplace…as well as a dynamic entrepreneurial space industry cluster in the region” said Gene Fuqua, Executive Director, Kentucky Office of Commercialization and Innovation.
 
The marketing and due diligence process to select the initial companies will begin immediately. Further details and contact information be found at www.spacetango.com. 
 
Kentucky Space LLC is an ambitious enterprise focused on R&D, talent development, commercial and entrepreneurial space solutions.  (www.kentuckyspace.com)
 
-end-

Post via Startup Weekend Louisville March 9, 2013 

Louisville’s second Startup Weekend is one for the history books. We set new records for:

• Participants
• Ideas pitched on Friday
• Teams formed
• Spectators on Sunday

We had a great turn-out, and we’d like to thank everyone who made this possible -  the sponsors, coaches, judges, all of the people who helped us get the word out, and especially the participants! Our hats are off to the dedicated founders and entrepreneurs who accomplished so much in such a short time.

Here’s a re-cap of the teams and their ideas:

1st Place: Tally Rally – Friend-to-friend challenge integrated with consumer brand social media marketing.

2nd Place: Local Weird Louisville – Membership management for independent business associations.

3rd Place: Where The Trucks At? – Food truck geolocation and notification.

Buy Me Lunch – Arranging lunches between mentors and proteges.

CycleMe.co -Expert advice on buying a bike, lead generation for bike shops.

Front Row Upgrade – On-the-spot upgrade to a better seat at a game or a show.

Give a RAC – Connecting volunteers to nonprofits for Random Acts of Compassion.

Lead Lift – Helping startups generate business leads.

Scrambler – Smartphone app for golfers, logging statistics and offering tips.

Share Search – Upload pics of your purchases from local shops.

Vacay Go – Find discounts on last-minute vacation rental properties.

For more information on the teams and their business ideas, checkout this article from InsiderLouisville and this one from BusinessFirstLouisville.

Thanks again to everyone who made Startup Weekend Louisville a success. Stay involved by adding your name to the mailing list, or following us on Twitter.

Posted by Kentucky Innovation Network, February 4, 2013

Frogdice is an independent game developer of online role playing games, virtual worlds, and casual games. Since 1996, Frogdice has been a market leader in providing an immersive, in-character experience unparalleled throughout the industry.

Headquartered in Lexington, Kentucky, Frogdice has a staff of developers in the United States and abroad. Their cultural diversity adds to the richness and variety of content present in Frogdice games. (via www.frogdice.com)

Posted January 11, 2013

Kodable teaches kids 5 and up the fundamentals of programming and problem solving in a fun and interactive way. It is currently available in the iPad App Store.

Grechen Huebner and Jon Mattingly share more about Kodable, the struggles they've faced and why they love being a Kentucky-based startup. See the full interview here.