Grants and Contracts Details
Description
TITLE: Invest Blue - Supporting Kentucky Startups, Developing Venture Capital Managers
OPPORTUNITY: EDA Build to Scale: 2023 Capital Challenge
This project aims to facilitate deployment of private, risk-based capital into early-stage Kentucky
startups, including startups within the UK community and those formed to commercialize technologies
resulting from UK Research. The project will facilitate more equity-based investing opportunities within
the UK community and extended network, increase the diversity of those individuals engaged in venture
capital allocation, and launch the region''s first venture fund targeted at deep-tech, tough-tech, and
social innovation focused startups.
Invest Blue is a partnership between Keyhorse Capital at Kentucky Science and Technology Corporation
and Launch Blue at the University of Kentucky.
Status | Active |
---|---|
Effective start/end date | 11/1/23 → 10/31/26 |
Funding
- Economic Development Administration: $749,795.00
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