Emergency lighting company receives prize to grow business

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886


Rick Johnson

Kentucky Innovation Network
859.246.3231

GLINTstudios_KSTC_RegionalPitchRichmond_0002

Rely-A-Light wins Entrepreneur Pitch Competition in Richmond

Emergency lighting company receives prize to grow business

RICHMOND, Ky. (June 23, 2014) – A central Kentucky startup has received a significant boost in growing its business.

Russie Jones presented her company, Rely-A-Light, to a panel of local judges during the Kentucky Cabinet for Economic Development’s entrepreneur pitch competition in Richmond. For her award-winning idea, Rely-A-Light received a cash prize and the opportunity to present to the Kentucky Angel Investors Network in Frankfort later this year.

Rely-A-Light has patented a line of decorative emergency lighting for homes and businesses.

“Winning this regional competition further validates the bright future of Rely-A-Light,” said Jones “The networking was invaluable and the contacts that we made at the event were priceless. We look forward to our company’s growth which will enable us to give back to our community.”

Rely-A-Light’s key product is a multi-function table lamp that provides instant emergency light during a power outage. The lamp also acts as cell phone and tablet charging station. Rely-A-light is currently gearing up for a national marketing campaign.

Rely-A-Light was one of five entrepreneurs to participate in Friday’s competition. Participants had 10 minutes to present their business idea to the judges.

“This was a great event that provided the opportunity for regional entrepreneurs to pitch their company ideas and for the community to listen and learn about what great innovation is happening right here in Kentucky,” said Kristel Smith, director of the Innovation Network Office in Richmond.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network. For more information on the competition, visit kyinnovation.com

Last year, the Cabinet successfully launched the Kentucky Angel Investors Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide http://www.arriveinstyleaz.com/. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net

Learn more about Rely-A-Light at www.relyalight.com

 # # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo

CNX wins Entrepreneur Pitch Competition in Elizabethtown

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886

Rick Johnson
Kentucky Innovation Network
859.246.3231

GLINTstudios_KSTC_RegionalPitchElizabethtown_0003

CNX wins Entrepreneur Pitch Competition in Elizabethtown

Startup software company receives prize to grow operations

 ELIZABETHTOWN, Ky. (June 20, 2014) – A central Kentucky entrepreneur has received a significant boost to grow his business.

Brian Mefford presented his company, Connected Nation Exchange (CNX), to a panel of local judges during the Kentucky Cabinet for Economic Development’s entrepreneur pitch competition in Elizabethtown. For his award-winning idea, CNX received a cash prize and the opportunity to present to the Kentucky Angel Investors Network in Frankfort later this year.

CNX is a startup software company with the goal of creating faster data for wireless devices. The company has created a proprietary database to allow it to determine placement of transmitter receiver hardware throughout the country to speed up service.

“It was a pleasure to participate in the Kentucky Angel pitch competition and to gather together with other Kentucky entrepreneurs, investors and supporters,” said Mefford, the founder and CEO of CNX. “I appreciate the work of the Cabinet for Economic Development through the Kentucky Innovation Network to help make that happen. CNX is honored to have been selected as the winner of the regional competition.”

CNX was one of four entrepreneurs to participate in Thursday’s competition. Participants had 10 minutes to present their business idea to the judges.

“The pitch competition here in Elizabethtown was wonderful for our local investors as well as our local entrepreneurs,” said Lisa Williams, director of the Kentucky Innovation Network Office in Elizabethtown. “The event was very well attended and there were lots of new ideas. Who could ask for a better day?”

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network. For more information on the competition, visit kyinnovation.com

Last year, the Cabinet successfully launched the Kentucky Angel Investors Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide https://www.galarson.com/. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net

Learn more about CNX at www.cnx.io

 # # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo

 

Fin Gourmet receives prize to grow Asian Carp Signature Line

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886

Rick Johnson
Kentucky Innovation Network
859.246.3231

Fin Gourmet wins Entrepreneur Pitch Competition in Murray

Asian Carp startup receives prize to grow her business

MURRAY, Ky. (June 18, 2014) – A western Kentucky entrepreneur has received a significant boost in growing her business.

Lula Luu presented her business, Fin Gourmet, to a panel of local judges during the Kentucky Cabinet for Economic Development’s entrepreneur pitch competition in Murray Tuesday. For her award-winning presentation, Luu received a cash prize and the opportunity to present her business to the Kentucky Angel Investors Network in Frankfort later this year.

“I really enjoyed my experience,” said Luu. “To have an opportunity to pitch to an established panel of businessmen and women and to receive valuable feedback and input from them was priceless. What I found so unique to Kentucky is the willingness to share resources and to foster entrepreneurs wherever they may be on their business journey.”

Fin Gourmet specializes in the harvesting and processing of natural Asian carp, raised here in Kentucky. Luu says that procuring the fish locally is important to her customers. Her company recently moved from New Orleans to Kentucky in order to open a new venue in Paducah where Luu hopes to make their Asian carp products a signature line.

Luu was one of four entrepreneurs to participate in Tuesday’s competition. Participants had 10 minutes to present their business idea to the judges.

“Having this competition in west Kentucky was exciting,” said Loretta Daniel, director of the Kentucky Innovation Network Office in Murray. “Both the turnout at the event and the quality of the presenters shows that entrepreneurship is thriving here. I am proud of all four competitors. They represented their companies and our region well. Lula Luu with Fin Gourmet did a fantastic job, and I can’t wait to see her compete this fall in Frankfort in the statewide final competition.”

Murray was the third stop on the competition circuit. Events also will be held in Elizabethtown, Richmond, Covington, Lexington and Louisville later this summer.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network. For more information on the competition, visit kyinnovation.com

Last year, the Cabinet successfully launched the Kentucky Angel Investors Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net

 

 # # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo

Richmond Pitch Competition Set for Friday, June 20th

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886
 

Rick Johnson
Kentucky Innovation Network
859.246.3231

Entrepreneur Pitch Competition Coming to Richmond

Winners will receive cash prizes to start their businesses; gain access to angel investors

 FRANKFORT, Ky. (June 18, 2014) – Aspiring entrepreneurs in central Kentucky will have the opportunity to make their dreams of starting a business come true.

Entrepreneurs will participate in a business pitch competition in Richmond. Participants will have 10 minutes to present their business idea to a group of potential angel investors, individuals who provide capital for startup companies. Winners will receive cash prizes and the opportunity to present their plans to the entire Kentucky Angel Investors Network (Kentucky Angels) in Frankfort.

“This is a great opportunity for entrepreneurs to network with potential investors,” said Mandy Lambert, acting commissioner of business development at the Kentucky Cabinet for Economic Development. “Kentucky has a strong entrepreneurial spirit, and we want to expose more people to investment opportunities throughout the state.”

The competition is Friday, June 20, at the Central Bank Community Room on West Main Street from 11 a.m.-1:30 p.m. Future events will take place in Elizabethtown, Covington, Lexington and Louisville. Previous competitions have been held in Ashland, Pikeville and Murray.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network.

“We’re excited to see this sort of activity develop in our region,” said Kristel Smith, executive director of the Kentucky Innovation Network Office in Richmond. “We know that wealth exists here in the hands of people who want to see their region flourish. And we see the passion and the desire every day from people wanting to set their own future. We feel very strongly that it’s our responsibility to introduce those two groups to each other.”

Register for the competition here or learn more at kyinnovation.com.

Last year, the Cabinet successfully launched the Kentucky Angels Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net.

 # # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo

 

Elizabethtown to Host Entrepreneur Pitch Competition

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886
Rick Johnson
Kentucky Innovation Network
859.246.3231

Entrepreneur Pitch Competition Coming to Elizabethtown

Winners will receive cash prizes to start their businesses; gain access to angel investors

 FRANKFORT, Ky. (June 16, 2014) – Aspiring entrepreneurs in central Kentucky will have the opportunity to make their dreams of starting a business come true.

Entrepreneurs will participate in a business pitch competition in Elizabethtown. Participants will have 10 minutes to present their business idea to a group of potential angel investors, individuals who provide capital for startup companies. Winners will receive cash prizes and the opportunity to present their plans to the entire Kentucky Angel Investors Network (Kentucky Angels) in Frankfort.

“This is a great opportunity for entrepreneurs to network with potential investors,” said Mandy Lambert, acting commissioner of business development at the Kentucky Cabinet for Economic Development. “Kentucky has a strong entrepreneurial spirit, and we want to expose more people to investment opportunities throughout the state.”

The competition is Thursday, June 19, at the Brown-Pusey House on West Main Street from 11 a.m.-1:30 p.m. Future events will take place in Richmond, Covington, Lexington and Louisville later this summer. Previous competitions have been held in Ashland, Pikeville and Murray.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network.

“With an active local venture group, this is an excellent opportunity to expand our investor network as well as educate our members and potential members about statewide deal flow and opportunities,” said Lisa Williams, director of the Kentucky Innovation Network Office in Elizabethtown. “Local startups and the general public are encouraged to attend this fun networking event.”

Register for the competition here or learn more at kyinnovation.com.

Last year, the Cabinet successfully launched the Kentucky Angels Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net.

 

  # # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo

Murray Next Stop in KY Angels Pitch Competition

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886

Rick Johnson
Kentucky Innovation Network
859.246.3231

Entrepreneur Pitch Competition Coming to Murray

Winners will receive cash prizes to start their businesses; gain access to angel investors

FRANKFORT, Ky. (June 13, 2014) – Aspiring entrepreneurs in western Kentucky will have the opportunity to make their dreams of starting a business come true.

Entrepreneurs will participate in a business pitch competition in Murray. Participants will have 10 minutes to present their business idea to a group of potential angel investors, individuals who provide capital for startup companies. Winners will receive cash prizes and the opportunity to present their plans to the entire Kentucky Angel Investors Network (Kentucky Angels) in Frankfort.

“This is a great opportunity for entrepreneurs to network with potential investors,” said Mandy Lambert, acting commissioner of business development at the Kentucky Cabinet for Economic Development. “Kentucky has a strong entrepreneurial spirit, and we want to expose more people to investment opportunities throughout the state.”

The competition is Tuesday, June 17, at Heritage Hall at Murray State University from 11 a.m.-1:30 p.m. Future events will take place in Elizabethtown, Richmond, Covington, Lexington and Louisville later this summer. Previous competitions have been held in Ashland and Pikeville.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network.

“As the Kentucky Innovation Network office at Murray State University travels throughout west Kentucky, it is exciting to see so many new businesses and opportunities,” said Loretta Daniel, director of the Kentucky Innovation Network Office in Murray. “Entrepreneurship is thriving and growing here. This pitch competition is the perfect opportunity for some of these great projects to be showcased and for people to come and learn more about how investing in entrepreneurs works.”

Register for the competition here or learn more at kyinnovation.com.

Last year, the Cabinet successfully launched the Kentucky Angels Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net.

 

 

# # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

My Status Bracelet takes home top prize in Pikeville Pitch Competition

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886

Rick Johnson
Kentucky Innovation Network
859.246.3231


My Status Bracelet wins Entrepreneur Pitch Competition in Pikeville

Inventive fashion entrepreneur receives prize to grow her business

PIKEVILLE, Ky. (June 12, 2014) – An eastern Kentucky entrepreneur has received a significant boost in starting her business.

Shannon Mullins presented her idea, My Status Bracelet, to a panel of local judges during the Kentucky Cabinet for Economic Development’s entrepreneur pitch competition in Pikeville. For her award-winning idea, Mullins received a cash prize and the opportunity to present her business to the Kentucky Angel Investors Network in Frankfort later this year.

“I would like to thank the Kentucky Innovation Network for this amazing opportunity.  I look forward to growing my business and I would like to encourage others to pursue their dreams,” said Mullins.

My Status Bracelet is designed to not only make a fashion statement, but to inform others of your current relationship status. By selecting different slides in the bracelet, you can let other know if you are Single, Taken, “?” for secret or if you have a Crush. Coordinating letters will display your “Status.” My Status Bracelet is currently looking for a quality manufacturer so that she can increase sales and expand her business. She has hopes to start expanding through the local high schools.

Mullins was one of eight entrepreneurs to participate in Tuesday’s competition. Participants had 10 minutes to present their business idea to the judges.

“Since the recent opening of the Pikeville office, we are impressed with the variety of businesses we have begun to assist,” said David Snow, Director of the newly opened Pikeville Innovation Network Office, “Our pitch competition exemplified the strength of the entrepreneurial spirit in eastern Kentucky and the collective involvement of the people in our region who made this event a success.”

Pikeville was the second stop on the competition circuit. Events also will be held in Murray, Elizabethtown, Richmond, Covington, Lexington and Louisville later this summer.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network. For more information on the competition, visit kyinnovation.com

Last year, the Cabinet successfully launched the Kentucky Angel Investors Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net

Learn more about My Status Bracelet at shop.mystatusbracelet.com

 # # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo

2014 Next Big Thing Regional Innovation Competition – Winners Announced!

NextBigThing

2014 Next Big Thing Regional Innovation Competition – Results

McGaughey 5-29-14

MURRAY, KY—BC Chutes, a team of four girls from Trigg County High School, won first place in the 2014 Next Big Thing Innovation Competition held at Murray State University this spring

The team invented two attachments to be used on cattle chutes.  These attachments helped to improve safety in cattle operations by keeping the cattle from backing out of chutes and allowing the operator to lock the gate without looking away from the cattle.

Second place went to The Men of Steel, also a team from Trigg County High School.  The team invented a special glove that could be used by football players or other athletes to provide support and avoid finger injuries.

A team from Marshall County High School, the Safety Cops, took third place for a product that attached to a purse or bag and when activated would alert authorities when there was danger or emergency.

More than 150 students from seven area high schools, comprising 40 teams, competed in the competition. The schools were Trigg County, Marshall County, Graves County, Madisonville North Hopkins, Hopkins County Central, Christian County and Murray.

Each team was asked to come up with a problem and then invent a solution to that problem that could be turned into a business. The teams presented their inventions and business ideas to panel of judges in the morning.

Three finalists were selected by the judges to move on to the afternoon finals competition. Serving as judges were Murray State University faculty/staff members, regional economic development personnel and regional entrepreneurs.  Finalist judges were Mandy Lambert, Kentucky Cabinet for Economic Development, Acting Commissioner, Department for Business Development, Dr. Tim Todd, Dean, Murray State University Arthur J. Bauernfeind College of Business and Dr. Steve Cobb, Dean Murray State Univesity Jesse D. Jones College of Science, Engineering and Technology.

In addition to the competition, the students heard a presentation from Reddit.com founder Alexis Ohanian, who encouraged the students to go and change the world in a positive way. Ohanian presented the winners with their prizes.

The Next Big Thing Competition was sponsored by The Kentucky Innovation Network, MSU’s Office of Regional Outreach, the Arthur J. Bauernfeind College of Business and the Marshall County Chamber of Commerce.

For more information, contact Loretta Daniel at Murray State at 270-809-6074.

–30–

Entrepreneur Pitch Competition Coming to Pikeville

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886
 

Rick Johnson
Kentucky Innovation Network
859.246.3231

Entrepreneur Pitch Competition Coming to Pikeville

Winners will receive cash prizes to start their businesses; gain access to angel investors

 FRANKFORT, Ky. (June 6, 2014) – Aspiring entrepreneurs in eastern Kentucky will have the opportunity to make their dreams of starting a business come true.

Entrepreneurs will participate in a business pitch competition in Pikeville. Participants will have 10 minutes to present their business idea to a group of judges. Winners will receive cash prizes and the opportunity to present their plans to the entire Kentucky Angel Investors Network (Kentucky Angels) in Frankfort.

“This is a great opportunity for entrepreneurs to network with potential investors,” said Mandy Lambert, acting commissioner of business development at the Kentucky Cabinet for Economic Development. “Kentucky has a strong entrepreneurial spirit, and we want to expose more people to investment opportunities throughout the state.”

The competition is Tuesday, June 10, at the University of Pikeville’s Coleman College of Business from 5 p.m.-7 p.m. Pikeville is the second stop on the competition circuit. The first event, in Ashland, was held last week. Events also will take place in Murray, Elizabethtown, Richmond, Covington, Lexington and Louisville later this summer.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network.

“The Kentucky Innovation Network coming to Pikeville has created a wonderful opportunity to help rebuild the economy of eastern Kentucky,” said Justin Prater, assistant director of the Kentucky Innovation Network Office in Pikeville. “It is essential to assist our aspiring entrepreneurs as they turn their dreams of starting a business into reality. This competition will go a long way toward making that happen.”

Register for the competition here or learn more at kyinnovation.com.

Last year, the Cabinet successfully launched the Kentucky Angels Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net.

Earlier this year, the Kentucky Cabinet for Economic Development announced a new Kentucky Innovation Network office in Pikeville. The office, one of 13 throughout the state, provides planning and funding assistance to startup companies in the Appalachian region.

 

# # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo          SOAR

Dimples Bakeware wins Entrepreneur Pitch Competition in Ashland

StateSeal_1Color
Commonwealth of Kentucky
Cabinet for Economic Development
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Contact
Joe Hall
502.564.4886

Rick Johnson
Kentucky Innovation Network
859.246.3231

Dimples Bakeware wins Entrepreneur Pitch Competition in Ashland

Cookie sheet entrepreneur receives prize to grow his business

 ASHLAND, Ky. (June 4, 2014) – A northeastern Kentucky entrepreneur has received a significant boost in growing his business.

Charles Black presented his idea, Dimples Bakeware, to a panel of local judges during the Kentucky Cabinet for Economic Development’s entrepreneur pitch competition in Ashland. For his award-winning idea, Black received a cash prize and the opportunity to present his business to the Kentucky Angel Investors Network in Frankfort later this year.

“The state and the Kentucky Innovation Network have been a tremendous help to me,” said Black. “I am now very close to achieving my lifelong business dream.”

Dimples Bakeware sells a patented cookie sheet that uses “steam-safe” technology. This allows cookies to bake evenly on both sides without sticking to the pan. The sheets also double as cooling racks.

Black was one of seven entrepreneurs to participate in Tuesday’s competition. Participants had 10 minutes to present their business idea to the judges.

“It was exciting to see all the high quality businesses in the area pitch in front of local judges,” said Mick Fosson, director of the Kentucky Innovation Network office in Ashland. “I want to congratulate Dimples Bakeware on its presentation, and I look forward to watching this innovative company grow.”

Ashland was the first stop on the competition circuit. Events also will be held in Pikeville, Murray, Elizabethtown, Richmond, Covington, Lexington and Louisville later this summer.

The event is sponsored by the Office of Entrepreneurship within the Kentucky Cabinet for Economic Development, along with the Kentucky Angels Network and the Kentucky Innovation Network. For more information on the competition, visit kyinnovation.com

Last year, the Cabinet successfully launched the Kentucky Angel Investors Network. Kentucky Angels brings new ventures and accredited investors together via monthly online meetings, providing investors access to form deals and partnerships with entrepreneurs statewide. Membership is open to those accredited investors in and outside the state who are passionate about investing in Kentucky companies. To learn more about Kentucky Angels, visit www.kyangels.net

Learn more about Dimples Bakeware at www.dimples.biz

 # # #

The Kentucky Cabinet for Economic Development is the primary state agency in Kentucky responsible for encouraging new jobs and investment in the state. New capital investment announced in Kentucky in 2013 totaled more than $3.3 billion, spurring more than 14,000 projected new jobs. Information on available industrial properties, workforce development assistance, incentive programs, community profiles, small business development and other economic development resources is available at www.ThinkKentucky.com.

CED_Garamond_Logo