Grants and Contracts Details
Description
RISE FY22
SCOPE OF WORK
UK Subaward
Efforts of the University of Kentucky (UK) Office of Technology Commercialization and Launch Blue (LB)
teams will be directed toward the following aims:
• Startup Lexington
The UK team will support the mission of Startup Lexington to highlight, connect, and facilitate
the startup ecosystem in Lexington, KY. Work toward this aim will include publication of the
weekly StartupLex News & Events newsletter, management of StartupLex social media accounts,
updating the public StartupLex events calendar, hosting the weekly Startup Breakfast event, and
liaisng with other startup ecosystems to cross-promote events, share opportunities, and serve
startup clients. This aim also includes UK’s participation in the annual Lexington Impact Survey
project and Who Got the Money celebration.
• Launch Blue Ventures (LBV)
The UK team will execute on the mission of Launch Blue Ventures to facilitate capital formation,
funding of startups, and the overall investment ecosystem in Kentucky. Work toward this aim
will include:
o Bluegrass Angels Partnership: LBV will serve as the pipeline development partner for
Bluegrass Angels (BGA) and provide miscellaneous support for Bluegrass Angels. As
pipeline development partner, LBV will actively manage and develop the BGA pipeline
through outreach to KY startups seeking funding from BGA, working with said clients to
prepare them for an effective pitch to BGA, and supporting the clients through the initial
stages of the BGA process. LBV will additionally support special projects for BGA, such as
the annual BGA Impact Data project, and other special projects on an as needed basis.
o Investor Network Development: LBV will actively develop relationships with investment
groups throughout the US with the goal of increasing visibility of KY startups to national
startup funding partners.
o Infrastructure Research: LBV will investigate infrastructure needs in support of
envisioned future LBV services, such as developing LB-branded investment funds and
holding equity in LB-portfolio startups for the benefit of LB.
Status | Finished |
---|---|
Effective start/end date | 7/1/21 → 6/30/22 |
Funding
- Awesome Center for Entrepreneurship Incorporated: $150,000.00
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