Carl Nathe

By

UK Entrepreneurs a Key Part of Venture Club Awards

Published: Feb 1, 2013

LEXINGTON, Ky., (Feb. 1, 2013) — Each year the Lexington Venture Club recognizes entrepreneurial companies in the Bluegrass region that have contributed to the long-term growth and prosperity of the region. The founders of these companies are launching and growing new technology-based businesses which, in turn, create high-paying jobs and form the basis for the knowledge-based economy in Lexington and surrounding counties. These early-stage companies represent industry sectors in biotechnology and health care, advanced manufacturing, IT and software development, game development, energy technologies and business services. 

 

Last night, the Lexington Venture Club hosted its annual celebration, which was themed “The Toast of the Town” at Paulie’s Toasted Barrel downtown.  Many of the recognized companies attended the event, as well as community leaders.  University of Kentucky President Eli Capilouto was one of the featured speakers, and he toasted the successful endeavors of the companies.  The attendees enjoyed three video features on Allylix, Stadionaut, and the Lexington gaming community. 

 

During the celebration the Lexington Venture Club announced the results of its annual survey of early-stage companies. This year 87 early-stage companies responded that their company received funding and/or created jobs in 2012.  The highlight of these companies’ self-reported successes include:

 

  • $83.8  million  in funding  received  from, friends and family investors, angel  and venture capital investors, federal funds, including SBIR and STTR grants; Kentucky state funds, including SBIR/STTR matching grant funds and investment from strategic partners.
  • 823 people were employed by these companies either in full-time or part-time positions. This number includes 201 new full-time and 103 part-time hires. 
  • $68,067 was the reported annual average salary for all full-time jobs maintained and created by these companies. 
  •  $141.4 million in total revenue was produced by these companies.

 

The Lexington Venture Club was established to bring entrepreneurs, investors and service providers together to share information of common interest and to learn more about new business opportunities. The Lexington Venture Club was co-founded in 2002 and is managed by Commerce Lexington and the University of Kentucky’s Von Allmen Center for Entrepreneurship and the Lexington Innovation & Commercialization Center (ICC), which is a part of the statewide Innovation Network supported by the Kentucky Cabinet for Economic Development.

 

For more information about the event and to see a full list of the companies recognized, please visit www.lexingtonventureclub.com.

 

 

 

MEDIA CONTACTS:  Kimberly Rossetti, (859) 226-1627; Carl Nathe, (859) 257-3200.

 

 

 

dollar_sign.jpg
August
 
 
 
 
 
1
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Fri
2
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sat
3
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Artful Sunday: Wrapped Art
Sun
4
Employee Educational Assistance Award
Mon
5
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Tue
6
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Get Moving - A Walking Group for Caregivers
Wed
7
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Thu
8
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Fri
9
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sat
10
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sun
11
Employee Educational Assistance Award
Mon
12
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
UK Working Moms Connection
Tue
13
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Wed
14
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Thu
15
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Fri
16
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sat
17
Employee Educational Assistance Award
Landscape/Mindscape: Selections from the Wells Fargo Collection
Sun
18
Employee Educational Assistance Award
Mon
19
Employee Educational Assistance Award
Tue
20
Employee Educational Assistance Award
Chronic Disease Self-Management Program
Wed
21
Employee Educational Assistance Award
Thu
22
Employee Educational Assistance Award
Midnight Dodgeball Tournament
CARES First Year Focus Parent Meetings
CARES First Year Focus Parent Meetings
Parent and Families Reception
Residence Hall Floor Meeting
Off-campus Freshmen Check-in
K Team Meeting: K Week Kick-off
Death By Chocolate
Fri
23
Employee Educational Assistance Award
A Parent's Guide to Life after August 23
Campus Safety Information Session
Donut Avoid The Study
Common Cents: Money Management for College Students Session 1
See Blue...See Community
Succeeding in A Large Lecture Classroom
Horses, Bluegrass, Basketball, and More: Welcome to Kentucky
Success at Any Age: College Tips for Adult Learners
Write Right: Tips for Writing Well in College
Common Cents: Money Management for College Students Session 2
How to Graduate in Four Years
Parental Involvement in Fraternity and Sorority Life
Parents Watch for Warning Signs: Suicide Prevention for College Students
Preparing to be a Pre-Professional
Presentation U!: Where YOU are the Ultimate Presentation
Religious Life at UK
Successful Off-Campus Living
The Transfer Student Cruise: Navigating your way through UK
UK Parking & Transportation 101
You Heard It Here First: Tips From A Faculty Member
New Student Induction Ceremony
Minority Student Welcome
Transfer Student Cookout
K Team Meeting: K Week Overview
Men's Soccer vs. Georgia State
Big Blue U
Campus Ruckus
Campus Ruckus
Sat
24
Employee Educational Assistance Award
LNFS Presents: Jackass 3
LNFS Presents: Godzilla
Pedalpalooza
K Team Meeting: Lunch and Campus Tour
Center for Community Outreach: Do Good, Start Here.
UK Lex-Mart
Alternative Service Breaks: See the World, Change the World
From the Real World to the Amazing Race, Don't Wipeout: Your Advisor, Advising, and You
Blackboard Basics
Student Government Association Information Session
EMPOWER: Women’s Leadership Retreat Interest Session
Student Center Spectacular
Student Center Spectacular
Sun
25
Employee Educational Assistance Award
UK FUSION
UK Parking & Transportation 101
University of Kentucky Association for Transfer Students Interest Session
Candy, Condoms, Coffee
Cleaner, Healthier, Cheaper, Faster: Why Bicycling is the Best Way to Get Around Campus (and how to do it safely)
Working on Campus
K Team Meeting: Dinner with your K Team
Meijer Mania
Mon
26
Employee Educational Assistance Award
Last Day to Drop a Course with 100% Refund
Chem at UK Cafe-N-OJ with the Student American Chemical Society
Coffee (or Coke), Cookies, & Communication!: Come see blue. at Presentation U!
Don't Blow Yourself Up: Surviving Chemistry
Fraternity Recruitment Info Session
OMG! Did I Just E-Mail That to My Professor???
Surviving Your First Year and Beyond: Strategies To Do Well in Your Classes
Sustainable UK: Exploring Environmental Programs in the College of Agriculture, Food, and Environment (CAFE)
A User Guide for Your Mathematics Class
Discover the UK Art Museum
K Team Meeting: Common Reading Experience Discussion
Common Reading Introduction for International Students
Transfer Student Meet and Greet
We Are UK
Rec 'N Roll 2014
Big Blue Bingo Night
Mic Check
Tue
27
Employee Educational Assistance Award
Fraternity Recruitment Info Session
LNFS Presents: Jurassic Park
First Day of Classes
Campus Outreach
Opening Act: The Amazing Spider-Man 2
Wed
28
Employee Educational Assistance Award
Internship Info Session
LNFS Presents: Her
LNFS Presents: Captain America: The Winter Soldier
Student Involvement Fair
OrgSync Info session
LGBTQ* Welcome Back
Dive Into Diversity!
Residence Hall Floor Meetings
Thu
29
Employee Educational Assistance Award
Sea of Blue
One Last Beach Bash: RSA Block Party
LNFS Presents: Team America: World Police
Pills and Pizza
K Week Event: Pills and Pizza
Kentucky Volleyball vs. Wichita State
Kentucky Women's Soccer vs. Francis Marion
Fri
30
Employee Educational Assistance Award
LNFS Presents: Neighbors
The Tailgate "Kick-Off"
Kentucky Volleyball vs. Butler
Kentucky Football vs. UT-Martin
Kentucky Volleyball vs. Virginia Tech
Sat
31
Employee Educational Assistance Award
Kentucky Women's Soccer vs. Ohio
Men's Soccer vs. Belmont
Sun
 
 
 
 
 
 
Reset Page