Kentucky attracts (and retains) great companies – and we can prove it!

StartUpKy_Harvest

If you could picture the perfect evening that best represents the growing entrepreneurial economy in Kentucky – it was last night. National media, Kentucky startups, the Cabinet for Economic Development and the Innovation Network team mingled at Harvest restaurant, located in downtown Louisville,  where 18 companies gave 1-min elevator pitches and discussion centered on how startups are making a difference in Kentucky.

Cocktails and dessert followed at the newly renovated Nucleus Technology Center where guests enjoyed a short tour and a view of downtown Louisville from the beautiful rooftop garden. Each aspect of the evening uniquely showcased Kentucky companies, from  “Food to Table” restaurants to fast-growing technology businesses. The variety of companies represented made a strong statement about Kentucky’s ability to attract and retain quality businesses. Many companies stating specifically that they moved to this area because of the support they found within the startup ecosystem.

Please be sure to stop by our booth at Idea Festival this week! Our team of Directors would love to help you get plugged in to this thriving entrepreneurial community!

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2014 IdeaFestival, Presented by the Kentucky Innovation Network, Kicks Off This Week

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

Contact
Joe Hall
502.564.4886

Kris Kimel
Idea Festival
859.229.6161

2014 IdeaFestival, Presented by the Kentucky Innovation Network, Kicks Off This Week

Innovation Network will teach participants how to start a business

FRANKFORT, Ky. (Sept. 29, 2014) – A meeting of the world’s brightest minds and business experts is taking place in Louisville this week. Entrepreneurs and small business owners will have access to specialized business assistance at the 2014 IdeaFestival®, presented by the Kentucky Innovation Network, which will run Sept. 30-Oct. 3 at the Kentucky Center.

Since 2000, IdeaFestival has brought together the world’s leading thinkers, doers and innovators for four days of discussion and debate about what is impacting and shaping the future of business, technology, design, science, philosophy and education. This year, thousands of passionate minds and voices from a variety of disciplines will gather to examine how ideas and innovation will shape the future.

“At this year’s Festival, attendees will find themselves immersed in nearly 30 events and presentations on topic ranging from emerging trends in digital media to the search for life in the universe to how technology is making us smarter,” said IdeaFestival founder Kris Kimel.

As the presenting sponsor, the Kentucky Innovation Network’s experienced professionals will be on hand to showcase the steps of starting a business. Participants also will learn how to turn their own ideas into small businesses here in the Commonwealth.

“Innovation drives small business creation,” said Mandy Lambert, commissioner of business development in the Kentucky Cabinet for Economic Development. “IdeaFestival is a breeding ground for innovative ideas that can impact the world. We’re excited to have the Kentucky Innovation Network help bring those ideas to reality right here in Kentucky.”

An initiative of the Kentucky Cabinet for Economic Development, the Kentucky Innovation Network’s 13 offices statewide offer extensive resources for small and new businesses. Assistance can range from funding initiatives, marketing and sales assistance, small business advocacy and resource referrals, along with a variety of financial and incentive programs to encourage investment and job growth. All services are provided free of charge.

To learn how the Kentucky Innovation Network is helping create and grow Kentucky’s small businesses, visit www.kyinnovation.com.

For more information on IdeaFestival, visit www.ideafestival.com or follow at @ideafestival, @kyinnovation.

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 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.

 

 

Innovation Network to Hire Economic Development Intern (Paid)

Economic Development Intern

If you’re an energetic self-starter with an entrepreneurial spirit, the Kentucky Innovation Network Headquarters is seeking you as an intern. This position offers the student great opportunities to gain experience in business and economic development, as well as interact with regional business and government leaders.

Job Description: This position provides support for the Economic Development Department.

Major Tasks, Responsibilities and Key Accountabilities

Assist Economic Development team, with research projects.

Gather data on businesses and target industries in state, and regions.

Entrepreneurship & Information Services in maintaining database of target businesses and industries.

Review local media and maintain list of Network mentions.

Provide assistance with special projects as assigned.

Project-specific external and internal communications outreach.

Maintenance/enhancement of social media and networking presence.

Prepare news summaries (from news clips, blogs, etc.)

Assist with event planning.

Qualifications, Experience and Personal Attributes

Able to effectively use MS Office products.

Organized, detail-oriented, and dependable.

Able to adjust to changing priorities and deadlines.

Professional and positive attitude.

Reports to: The Innovation Network Headquarters team

Required Education: Junior level or higher seeking a Bachelor’s Degree enrolled in College/University or a currently enrolled graduate student.

Travel Required: Yes; most hours will be required in the Lexington area, but some travel may be acceptable on occasion.

Hours: negotiable, 20 minimum; mutually agreeable hours and schedule (including starting and ending dates) to be determined by intern and Network Headquarters.

Other: Applicants must be current students. Business attire or business casual required. This position is paid.

Send resume and cover letter to cwildes@kstc.com if interested.

Scanning technology startup 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

Blink Technologies Wins Entrepreneur Pitch Competition in Lexington

Scanning Technology startup receives prize to grow business

LEXINGTON, Ky. (Sept. 25, 2014) – A central Kentucky startup has received a significant boost in growing its business.

Blink Technologies, of Lexington, has developed the BlinkScan, a scanning technology that is trying to change the way users can capture, edit and display images.

Blink Technologies CEO Don Skaggs and his team presented their product to a panel of local judges during the Kentucky Cabinet for Economic Development’s entrepreneur pitch competition in Lexington Wednesday night. For the idea, the company received a cash prize and the opportunity to present to the Kentucky Angel Investors Network in Frankfort this fall.

“We are honored to be a part of the pitch competition and are excited for the opportunity to advance to the state finals in Frankfort in November,” Skaggs said. “We also look forward the continued help and support from the Kentucky Innovation Network as we make the BlinkScan technology a reality for people and companies on a global scale.”

Blink Technologies plans to use breakthrough innovations that allow users to seamlessly move between the physical and digital worlds, in a blink. The BlinkScan is a high resolution scanning technology that combines three separate red, green and blue exposures so that every pixel sees every color, making each scan a “full color” image. It also removes all background pixels from the image that are not part of the original object.

“We were very pleased with the turnout for the event and even more excited about the variety of companies that pitched,” said Warren Nash, director of the Lexington Office of the Kentucky Innovation Network. “Congratulations to Blink Technologies. We’re very proud to have him represent our region and wish him the best as he presents to the Angel Investors Network this fall.”

The Lexington event was the final of eight entrepreneur pitch competitions happening statewide. Previous competitions were held in Ashland, Pikeville, Murray, Elizabethtown, Richmond, Louisville, and Covington.

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.

 

Helping New Ideas Become Tomorrow’s Businesses

Re-posted from www.ideafestival.com, Sept 24, 2014

Enjoy this guest blog post from the Kentucky Innovation Network. Mandy Lambert is the commissioner of business development in the Kentucky Cabinet for Economic Development.

I hope to see you at the IdeaFestival. Wayne

When provided the right support, great ideas become the foundation of our economy. This spirit of innovation has marked Kentucky for centuries.

  • In 1873, Louisville druggist John Colgan invented chewing gum.
  • The radio was invented by a Kentuckian named Nathan B. Stubblefield in 1892, three years before Marconi made his claim to the invention.
  • In 1934, cheeseburgers were first created at Kaelin’s restaurant in Louisville.

Today, innovators across the Bluegrass State continue to dream up great ideas. That is why the Kentucky Innovation Network is the presenting sponsor of IdeaFestival this year – to help new ideas become tomorrow’s businesses.

Innovation and small business creation go hand-in-hand. IdeaFestival exposes Kentuckians to some of the most visionary ideas in the world. The Kentucky Innovation Network wants to show and help these Kentuckians turn their own ideas into full-scale businesses.

Consisting of 13 offices throughout the state, the Kentucky Innovation Network partners with small businesses to provide the resources needed to start or grow a business. Assistance can range from marketing and sales assistance and small business advocacy and resource referrals, to helping small businesses navigate the variety of financial and incentive program options that can encourage investment and job growth. All services are provided free of charge.

While you’re at IdeaFestival, be sure to stop by our booth. Network directors will be happy to talk to you about turning your idea into a business or taking an already developed business to the next level. And, for the daring and creative, we have some fun activities and opportunities to win prizes. Here’s a hint: you could be a star!

The Kentucky Innovation Network is an initiative of the Kentucky Cabinet for Economic Development’s Office of Entrepreneurship. Visit our website at www.kyinnovation.com.

Mandy Lambert

Entrepreneur Pitch Competition last stop in Lexington Sept. 24

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 Lexington

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

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

Entrepreneurs will participate in a business pitch competition in Lexington. Similar to the hit TV show “Shark Tank,” participants will have seven 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, 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 Wednesday, Sept. 24, at Commerce Lexington, located at 330 East Main St., Suite 100, from 5:30 p.m.-7 p.m.

The event is the final of eight statewide pitch competitions hosted by the Cabinet, the Kentucky Innovation Network and Kentucky Angels. Competitions have already taken place in Louisville, Murray, Elizabethtown, Pikeville, Richmond, Covington and Ashland.

“The Lexington Office of the Kentucky Innovation Network is very pleased to be hosting this event, which will showcase six of the Bluegrass Region’s early-stage technology companies,” said Warren Nash, director of the Kentucky Innovation Network Office in Lexington. “Events like this give entrepreneurs a great opportunity to hone their presentations, while, at the same time, educate investors and others from the region about what is happening in the local entrepreneurial community.”

Winners of the previous competitions are singing the praises of the events. “This [the competition] isn’t a publicity stunt, like others we’ve been to in other states” said Lula Luu, owner of Fin Gourmet in Paducah and winner of the pitch competition in Murray. “Kentucky cares about promoting entrepreneurship. All this was very impressive because Kentucky is not just talking about supporting small startups, they’re doing it.”

Register to attend the competition here or learn more here.

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.

We’re Offering Discounted Tickets to IF 2014!

 

We’re excited to be the Presenting Sponsor for this year’s Idea Festival – so excited, we’re offering a 15% discount to anyone would like to purchase an IF Festival Pass to attend the event and check out our booth!

Get your Promo Code HERE!

And hurry, ticket prices go up Thursday, Sept. 4th at 10:00am!

 

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Lexington Job Club – 2014 Fall Schedule Announced

The University of Kentucky (UK) Alumni Association, Fayette County Cooperative Extension Services, and UK Human Resources Staff Career Development are pleased to announce Job Club’s fall schedule. The purpose of the Central Kentucky Community Job Club is to provide a positive environment for motivated job seekers to meet, connect, share and learn. The free group is open to the public and meets the second and fourth Tuesday of each month at the Fayette County Cooperative Extension office, 1140 Red Mile Place, Lexington, KY. Business attire is encouraged. Convenient, free parking is available. Job Club is for you if you are motivated and currently out of work, underemployed or looking to make a career transition. In addition, recruiters and employers are always welcome and introduced to Job Club attendees. For more information, call the UK Alumni Association at 859-257-8905, the Fayette Cooperative Extension office at 859-257-5582, or the UK Staff Career Development Office at 859-257-9416. Additional information including testimonials from former Job Club participants can be viewed at:www.ukalumni.net/jobclub.

Job Club Fall Meeting Schedule:

Tuesday, September 9: Job Search Strategies for Fall (12:30 – 1:45 pm)

Tuesday, September 23: 10 Questions to Ask Prior to Starting a Business (12:30 – 1:45 pm)

Tuesday, October 14: Social Media and Your Career (12:30 – 1:45 pm)

Tuesday, November 11: Interviewing Strategies (9:00 – 10:15 am)

*(Resume reviews will take place immediately after Job Club)

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