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.