overview

Servicing the Bluegrass

The Von Allmen Center for Entrepreneurship and the team of professionals from the Lexington Office of the Kentucky Innovation Network provide UK students, faculty, researchers and entrepreneurs within the Bluegrass Region with access to the resources necessary to assist them in the commercialization of new ideas, technologies, product and services. This includes access to market research tools, assistance with the development of business plans and marketing strategies, connections to vetted service providers, access to federal, state and private funding sources and the organization of workshops and events of particular interest to entrepreneurs.

Business Planning

  • Access to market research and competitive analysis
  • Assistance in business plan development and financial analysis
  • Assistance in determining a methodology for customer validation

Connections to the business community

  • Assistance in the identification of critical company management/staffing needs
  • Assistance in the identification of distribution channels and key strategic partners for the company
  • Reference to vetted professional service providers with expertise in:
    • Business formation
    • Accounting
    • Intellectual property protection
    • Private equity fundraising
    • Product prototyping/development
    • Software development
    • Social media and website development
    • Marketing
    • FDA regulatory issues, etc.
  • Identify and assist companies with establishing collaborative efforts with UK faculty, researchers and students

Funding Opportunities

  • Assistance in the development of funding roadmap for the company
  • Provide access to:
    • State competitive grants from the Kentucky Enterprise and Rural Innovation and Kentucky New Energy Funds
    • State and Federal SBIR/STTR funding
    • Equity investment resources such as Commonwealth Seed Capital Fund, Bluegrass Angels and other regional seed and angel groups
  • Assistance in the development of an investor presentations, company valuation and fundraising documents such as terms sheets, etc.
  • Identify those state and federal tax credits which may assist a company in its future growth.

Entrepreneurial Workshop/Event Organization and Sponsorship

  • Organize and conduct workshops for students, faculty, researchers and entrepreneurs pertaining to issues and subjects such as:
    • Business formation/legal entity selection
    • Intellectual property protection and related issues
    • Private equity fundraising
    • Social media and website development
    • Accounting practices
    • State and Federal Funding avenues, i.e. State funding, SBIR/STTR funding, etc.
  • Organize and sponsor networking opportunities and entrepreneurial events such as:
    • 5Across pitch competition
    • SPARK
    • Global Entrepreneurship Week
    • Faculty/Researchers Networking Events
    • Lunch and Learns