Kentucky Enterprise Fund
The goal of the Kentucky Enterprise Fund is to stimulate private investment in Kentucky-based technology companies. By partnering with the Kentucky Council on Postsecondary Education, KSTC is able to offer seed capital for promising, science and technology related start-ups throughout the Commonwealth.
Eligible Companies
- Must be Kentucky-based and have 150 or fewer employees.
- Must be operating in one of the following industries:
- Biosciences
- Environmental & Energy Technologies
- Human Health & Development
- Information Technology & Communication
- Materials Science & Advanced Manufacturing
Fund Summary
Companies seeking capital go through a rigorous due diligence process and are judged in terms of industry fit, return on investment, and potential for economic development.
Grant: $30,000
- Company must match the grant 1:1 through cash or in-kind services.
- Funds must be used for approved business development activities
Investment: Up to $250,000, $500,000, and $750,000
- Investments must be repaid.
- Funds may be invested via convertible note or through a direct stock purchase.
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