RISE FY23

RISE FY23 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 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. • 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 Sustainable Support for LBV: The UK team and partners will seek funding and develop partnerships to build and sustainably support the mission of Launch Blue Ventures. o Pipeline Development: LBV will support Launch Blue clients and Launch Blue capital partners by providing coaching services for startups seeking investment. Coaching services will be focused on pitch deck contents, investment instruments and terms, startup fundraising strategy, corporate structure and governance, professional services, etc. o Launch Blue Capital Partner 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. The UK team will retain the services of a to be named individual to fill a part time Launch Blue Ventures Investor in Residence (IIR) position to assist with developing process, tools, and relationships toward this effort.