http://www.econdev.uky.edu UK Commercialization and Economic Development News http://www.econdev.uky.edu/News/news-20mill-research.aspx http://www.econdev.uky.edu/News/news-b2b-spring-11.aspx http://www.econdev.uky.edu/News/news-postdocnew061011.aspx http://www.econdev.uky.edu/News/news-kstc-rfp060811.aspx http://www.econdev.uky.edu/News/news-vet052311.aspx http://www.econdev.uky.edu/PDFs/05-25-2011%20Invite.pdf http://www.econdev.uky.edu/News/news-transposagen-frogdice.aspx http://www.econdev.uky.edu/News/news-tempurpedic042811.aspx http://www.econdev.uky.edu/News/news-equinenext042811.aspx http://www.econdev.uky.edu/News/news-scout042211.aspx http://www.econdev.uky.edu/News/news-nanotech042211.aspx http://uknow.uky.edu/content/ksbdc-announces-fourth-class-pacesetters-0 http://ksef.kstc.com/?377 http://www.econdev.uky.edu/PDFs/5AcrossflyerAPRIL.pdf http://uknow.uky.edu/content/ksbdc-receives-grant-help-disaster-recovery http://startupadvantage.in2lex.com/2011/02/startup-advantage-conference/ http://www.econdev.uky.edu/News/news-color040111.aspx http://www.econdev.uky.edu/News/news-naprogenix040611.aspx http://www.econdev.uky.edu/News/news-allconnect033111.aspx http://www.econdev.uky.edu/ukecondevnews/1st-quarter11/1stQuarter2011.html http://www.econdev.uky.edu/News/news-kaufman032911.aspx http://www.econdev.uky.edu/News/news-seikowave032411.aspx http://www.econdev.uky.edu/News/news-sbir032511.aspx http://www.econdev.uky.edu/News/news-crctiff031711.aspx http://www.econdev.uky.edu/News/news-lexjobs032811.aspx http://www.econdev.uky.edu/PDFs/lvcinvite.pdf http://www.econdev.uky.edu/News/news-5across030911.aspx http://uknow.uky.edu/content/statement-kentucky-space-failed-launch Last year was extremely productive for the UK Office for Commercialization & Economic Development. We achieved our goals to commercialize UK research and create and grow spinoffs, small businesses and jobs. http://www.econdev.uky.edu/PDFs/UK%20CED%20annual%20report2010.pdf The Von Allmen Center for Entrepreneurship Startup Seminar Series welcomes Kelley Sloane of Sloane Marketing for the free presentation "Marketing for High-Tech Startups" on March 23 at 2 p.m. in room 252 in the Gatton College of Business and Economics. http://www.econdev.uky.edu/News/news-vacmarketing021511.aspx Sponsored by the Lexington Venture Club and produced by Awesome Inc., 5across will award $500 to the best 5-minute pitch of the evening. http://www.econdev.uky.edu/PDFs/5across.pdf The Kentucky House passed HB 310 to allow the creation of Tax Increment Financing districts on university research park land which would include the Coldstream Research Campus. A TIF district at Coldstream could enable the university to attract a developer to build a mixed-use development and finance new laboratory and incubator space. http://www.econdev.uky.edu/News/news-tif-coldstream21111.aspx In 2010, entrepreneurial companies in the Bluegrass Region attracted $65 million in venture funding, including angel and venture capital investments, according to the annual survey by the Lexington Venture Club. The 89 Central Kentucky early-stage companies that participated in the survey reported a total $94 million in revenue and 748 people employed with an average full-time salary of $63,485. These companies hired 240 people for newly created jobs in 2010. The Lexington Venture Club released the survey results at Buster's Billiards & Backroom during the annual entrepreneur celebration. http://www.econdev.uky.edu/News/news-lvc012611.aspx As the curtain rises on University of Kentucky Opera Theatre's production of the American classic, "Porgy and Bess," new scenic projection technology developed by the UK Center for Visualization and Virtual Environments will also be in the spotlight as it makes its debut in a theatrical setting. Don't miss this opportunity to see what is considered America's first great opera updated with innovative video scenery as its backdrop to be presented 7:30 p.m. Jan. 28-29 and Feb. 3-5, and 2 p.m. Feb. 6, at the Singletary Center for the Arts Concert Hall. http://www.econdev.uky.edu/News/news-porgy012411.aspx For the third consecutive year, University of Kentucky faculty, staff and student entrepreneurs have created more start-up companies than their colleagues at UK's 19 benchmark institutions according to a recently released report by the Association of University Technology Managers (AUTM). http://www.econdev.uky.edu/News/news-autm012111.aspx Jim Newberry has accepted an executive-in-residence appointment in the University of Kentucky College of Agriculture. Newberry, an attorney and former Lexington mayor, will focus on development and commercialization of new technologies in agriculture and related fields. http://www.econdev.uky.edu/News/news-newberry012111.aspx This annual conference is an opportunity for small tech businesses, entrepreneurs, and university researchers to learn about the $2.5 billion Federal SBIR-STTR Program funding opportunity. The conference will help attendees learn about the differences in the SBIR and STTR programs, eligibility requirements, and how to win an SBIR or STTR grant. http://www.econdev.uky.edu/News/news-kstc11811.aspx A company started by University of Kentucky graduates has been named first runner-up in the Business Innovation & Growth Center at Kentucky Highlands. Awesome Touch of Lexington placed for its proprietary opitical touch-screen technology that enables users to interact with large, life-size displays. Awesome Touch started as an undergraduate engineering design project at UK by developing applications and novel hardware for large-format touch screens. Current alumni involved include Nick Such '09, mechanical engineering; Ryan Copple '11, electrical engineering; John Kiffmeyer '10, computer science and computer engineering; Nolan Lancaster '10, computer science; Patrick Kelly '10, computer science; Chris Allen '10, computer science; Brian Raney '05, '06, computer science and (M.S.) economics. http://www.econdev.uky.edu/News/news-kstc11811.aspx Join us January 25, from 5:30 to 7:30 p.m. at Buster's Billiards & Backroom for the annual celebration of Lexington's start-up community. Survey results including venture funding, new jobs, average salaries, annual revenue and more will be released. http://www.econdev.uky.edu/PDFs/lvc.pdf Read news on the new renewable energy lab, the 2010 commercialization awards, company developments, the new ICC director and more. http://www.econdev.uky.edu/ukecondevnews/4th-quarter10/4thQuarter2010.html Undergraduate students with majors ranging from computer engineering and finance to Chinese and kinesiology turned out for the Bench2Business student brunch hosted by the Von Allmen Center for Entrepreneurship. Successful UK alumni entrepreneurs John A. Williams Sr. '62, Gatton College of Business and Economics and founder of Computer Services Inc., and Kim Knopf '82, College of Arts and Sciences and founder of Sleep Outfitters, shared success stories and answered questions from students interested in starting their own businesses. http://www.econdev.uky.edu/News/news-b2b-student121410.aspx The University of Kentucky's Office for Commercialization & Economic Development is pleased to welcome Warren O. Nash III as the new director of the Lexington Innovation & Commercialization Center (ICC) effective January 1, 2011. http://www.econdev.uky.edu/News/news-nash121310.aspx For anyone who has suffered a long-term, chronic aliment like low back pain, a simple cure such as a shot in the back sounds like a miracle. You should know that University of Kentucky researcher Tom Hedman is working on just that�a miracle medical device that will alleviate and prevent future back pain for more than 15 million Americans annually. http://www.econdev.uky.edu/News/news-hedman120910.aspx More than 100 faculty and local entrepreneurs, investors, civic and government leaders turned out for the biannual Bench2Business networking event to applaud those involved in commercialization activities during 2010. UK President Lee T. Todd Jr. recognized faculty and companies for new patents and licenses, SBIR-STTR grants and contracts, investments from Kentucky programs and the Bluegrass Angels, and projects from the new HHS therapeutic discovery program. http://www.econdev.uky.edu/News/news-b2b-story120710.aspx Gov. Steve Beshear on Monday announced the Kentucky Small Business Investment Credit (KSBIC) program, part of the Governor's Incentives for a New Kentucky (INK) legislation, will start accepting applications in January 2011. The KSBIC program is designed to spur job creation by providing a nonrefundable state income tax credit to small businesses. http://www.econdev.uky.edu/News/news-small-bus-tax120710.aspx Lexington Equine Surgery and Sports Medicine, a client of the Bluegrass Small Business Development Center, has opened at the corner of Iron Works and Georgetown Road. The group veterinary referral practice focusing on outpatient medicine and elective surgery is the brainchild of Bill Bernard, D.V.M., and is expected to fill a need for additional surgical facilities in the Central Kentucky area. http://www.econdev.uky.edu/News/news-equine-sports111710.aspx ParaTechs, a biotechnology company that uses insect molecular biology to create new products, has opened its new facility on Oak Hill Drive in Lexington. Formed in 2004, ParaTechs moved into the UK ASTeCC campus incubator in 2006 where the company operated for the last four years. ParaTechs current employs five full-time and two part-time employees. http://www.econdev.uky.edu/News/news-paratechs110910.aspx The National Heart, Lung and Blood Institute and Kentucky Cabinet for Economic Development combine for $299,683 in awards to Lexington, KY-based company, located in UK's ASTeCC incubator. http://www.econdev.uky.edu/News/news-vindico110210.aspx Peyton Fouts is a 2006 UK graduate who has a degree in English and a major in Communications. His company, OuiBox.com, was one of the first investments for the new $3 million Bluegrass Angels Venture Fund II (BGAVF II). http://www.econdev.uky.edu/news/news-ouibox102710.aspx The 2010 Innovation Award winners showcase some of the nation's best practices for promoting economic development through collaborative initiatives and highlight outstanding examples of regional success in the global marketplace. http://www.econdev.uky.edu/news/news-bbdpaward102710.aspx Allylix uses proprietary yeast-based fermentation technology developed by the UK College of Agriculture and the Salk Institute for Biological Sciences to produce a group of natural products called terpenes in greater quantities, of higher quality, and at significantly lower cost than traditional sources. http://www.econdev.uky.edu/News/news-allylix102710.aspx Read news on the new Coldstream Research Campus director, the new biotechnology company at Coldstream, the groundbreaking of Eastern State Hospital, the USEF drug testing and research lab and more. http://www.econdev.uky.edu/ukecondevnews/3rd-quarter10/3rdQuarter2010.html Yaupon Therapeutics, a privately held specialty pharmaceutical company, today announced positive top-line results from the pivotal multi-center study of its lead product candidate, a proprietary topical mechlorethamine gel for the treatment of early-stage cutaneous T-cell lymphoma (CTCL � stages I-IIa). http://www.econdev.uky.edu/news/news-yaupon100410.aspx The 239-bed, approximately 300,000 square foot replacement facility will provide a modern setting for inpatient psychiatric treatment, along with specialized services for individuals with acquired brain injuries, individuals with psychiatric disabilities requiring nursing facility level of care and forensic mental health services. Construction is scheduled to be completed in fall 2012. http://www.econdev.uky.edu/news/news-eastern-state092910.aspx Five of the seven companies receiving $1.8 million in Kentucky matching funds have ties to UK. All of these companies initially received federal Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants. http://www.econdev.uky.edu/news/news-kymatch092210.aspx The University of Kentucky Board of Trustees today approved the appointment of George Ward as the new executive director of the university's Coldstream Research Campus. http://www.econdev.uky.edu/news/news-George%20Ward.aspx Orthopeutics L.P./Intralink Spine Inc., a biotechnology company that is working on an injectable tissue revitalization reagent for the treatment of Degenerative Disc Disease and related lower back pain, has relocated from Texas to the University of Kentucky Coldstream Research Campus. It is anticipated that additional high-tech positions will be created when the company begins manufacturing the reagent and the medical device. http://www.econdev.uky.edu/news/news-orthopeutics092310.aspx Already the site of the 2010 Alltech FEI World Equestrian Games, First Lady Jane Beshear today announced Lexington will be the location of the United States Equestrian Federation's (USEF) Equine Drug Testing and Research Laboratory. http://www.econdev.uky.edu/news/news-USEF091710.aspx "Small Business Bounce Back: A Conference for Kentucky's Small Businesses" will be held Sept. 2 from 10 a.m. to 2:30 p.m. at the Embassy Suites - Lexington. Tickets are $35 per person and include a copy of Bounce Back that Coach Cal will autograph and a boxed lunch. http://www.kybizinfo.com/calendar/small-business-bounce-back Coldstream's temporary tenants, a pair of federally protected barn owls and their chicks, have fledged and a permanent nesting box has been installed. http://www.econdev.uky.edu/news/news-funding-tops.aspx Coldstream's temporary tenants, a pair of federally protected barn owls and their chicks, have fledged and a permanent nesting box has been installed. http://www.econdev.uky.edu/news/news-owls-fledge.aspx . http://www.lexingtonventureclub.com/ http://www.econdev.uky.edu/news/news-todd-joins.aspx University of Kentucky President Lee T. Todd Jr. has been appointed to the prestigious National Academies' Committee on Research Universities. http://www.econdev.uky.edu/news/news-3H.aspx The US Department of Energy announced today the selection of ten projects aimed at developing advanced technologies for capturing carbon dioxide (CO2) from coal combustion. http://www.econdev.uky.edu/news/news-spherix.aspx Spherix, an innovator in biotechnology for therapy in diabetes, metabolic syndrome, and atherosclerosis; and providers of technical and regulatory consulting services to food, supplement, biotechnology and pharmaceutical companies, has announced that its wholly-owned subsidiary, Biospherics Incorporated, has signed a license agreement with the University of Kentucky Research Foundation. http://www.econdev.uky.edu/news/news-kstc-solicitation.aspx The KSTC has announced a new Request for Proposals (COMMFUND-10-RFP-011) under the KCF Program. A mandatory pre-proposal is to be submitted online by July 13, 2010. http://www.econdev.uky.edu/ukecondevnews/2nd-quarter10/2ndQuarter2010.html Read news on the Bluegrass Angels, Galmont Consulting, LabDx, Kentucky Space, Therix Medical and more. http://www.econdev.uky.edu/news/news-idot.aspx To serve as a first line of defense against overheating and possible hyperthermia, ionX International has recently launched its Body Temperature Alert Patch, an early warning device, designed to help prevent heat stroke and potentially save lives. http://www.econdev.uky.edu/news/news-allylix-economist.aspx Allylix is featured in this week's edition of The Economist in a special section titled "A special report on the human genome: Inhuman genomes." http://www.econdev.uky.edu/news/news-therix-update.aspx Clinician commercialization projects for medical devices and diagnostics are well under way with provisional and utility patents filed, graduate students hired and working prototypes in hand.] http://www.econdev.uky.edu/news/news-kstc-solicitation.aspx The KSTC has announced that a new Request for Proposals (RFP) under the Kentucky Commercialization Fund (KCF) Program will be issued on or after July 1, 2010. http://www.econdev.uky.edu/news/news-fema2.aspx Fayette County residents that sustained damages or losses from the early May storms are now eligible for federal disaster aid. In counties designated for Individual Assistance, homeowners and renters may apply for FEMA assistance by calling 1-800-621-FEMA (3362) or 1-800-462-7585 from 7 a.m. to 10 p.m. EDT, seven days a week. http://www.econdev.uky.edu/news/news-BGA.aspx The Bluegrass Angels (BGA), central Kentucky's first seed funding organization, announced that it has raised $3 million for its second early stage venture capitalfund, with the goal to add $2 million at a later date. http://www.econdev.uky.edu/news/news-legacy-trail.aspx Portions of the Legacy Trail, 8.5 miles of which are already under construction, will feature a water quality component designed to reduce stormwater runoff and help protect nearby Can Run Creek. http://www.econdev.uky.edu/news/news-pacesetters2010.aspx This year, the Kentucky Small Business Development Center (KSBDC) inducted eight high performing second-stage businesses into the third class of the Pacesetter Business Recognition Program. http://www.econdev.uky.edu/News/news-barn-owls.aspx UK's Coldstream Research Campus has new, though temporary, tenets. Protected under the federal Migratory Bird Treaty Act, a pair of nesting barn owls is raising four barn owl chicks in a nest at the top of the Lexhold building off Aristides Boulevard. http://www.econdev.uky.edu/news/news-fema.aspx The Federal Emergency Management Administration (FEMA) has leased space at the University of Kentucky's Coldstream Research Campus following Kentucky's designation as a major disaster area May 11. http://www.econdev.uky.edu/news/news-labdx.aspx LabDx, a high-tech startup specializing in testing and delivery of laboratory results to electronic medical record systems, will create 65 new high-tech jobs in Lexington and partner with the University of Kentucky Chandler Medical Center. http://www.econdev.uky.edu/news/news-Galmont.aspx Gov. Steve Beshear joined community officials and company representatives from Galmont Consulting on the University of Kentucky campus on Friday to announce the location of a new software testing center. Galmont Consulting will hire 90 new, full-time employees in Lexington and plans to form a partnership with the UK's College of Engineering to hire and train computer science graduates. http://www.econdev.uky.edu/News/news-TSC.aspx How can the United States foster long-term economic growth? A new report suggests that one of the best ways is through investment in the basic research that leads to innovation and job creation. http://www.econdev.uky.edu/uk-partnerships.aspx#from For decades, fly ash, one of the residues generated in the burning of coal, especially at coal-fired power plants, was released into Kentucky's skies. Today, by law, fly ash is captured in the chimneys of those plants. Some of the companies in Kentucky that collect that fly ash include Kentucky Utilities, Louisville Gas and Electric, Cincinnati Gas and Electric and Kentucky Power. http://www.econdev.uky.edu/news/news-bio2010.aspx UKCED will join other Kentucky universities, economic development groups and technology-based companies in the Kentucky pavillion at the 2010 BIO International Convention, the largest global event for the biotechnology industry, May 3-6 in Chicago, Ill. http://www.econdev.uky.edu/news/news-transposagen-newmodel.aspx Transposagen Biopharmaceuticals, Inc., located in the UK ASTeCC campus incubator, has announced that it has added 170 genetically modified rats and related biomaterials to its database of laboratory rats with a genetic modification that can mimic a human disease. http://www.econdev.uky.edu/news/news-aristides.aspx This article was originally published on ESPN.com. Today Coldstream Research Campus occupies the land where the McGrathiana farm once was. Coldstream Research Campus is owned by the University of Kentucky and is home to 1,000 employees working in biotech, pharmaceutical and equine-related companies. http://www.econdev.uky.edu/news/news-green-scene.aspx UKCED Vice President Len Heller will discuss Coldstream development plans at 5:30 at the Green Scene meeting, a monthly networking event for people interested in sustainability. http://www.econdev.uky.edu/news/news-sbir-workshop.aspx Take advantage of savings with online registration before April 30; walk-in registration may be available at the door but will be at a higher rate. The "Kentucky Phase I Proposal Preparation Workshop in Lexington, NIH Focus" features speaker Lisa Kurek of Biotechnology Business Consultants, LLC. http://www.econdev.uky.edu/news/news-ksbdc-extension.aspx The Kentucky Small Business Development Center (KSBDC) has received a funding extension from the U.S. Small Business Administration to continue providing specialized services to veterans. http://www.econdev.uky.edu/news/news-usef.aspx The drug testing and research lab for the United States Equestrian Federation will relocate from Ithaca, N.Y. to UK's Coldstream Research Campus by the end of the year. http://www.econdev.uky.edu/ukecondevnews/1st-quarter10/1stQuarter2010.html Read news on economic development and commercialization at the University of Kentucky and throughout the Bluegrass region. http://www.econdev.uky.edu/News/news-fernandez-visit.aspx John Fernandez, head of the Economic Development Administration, held a roundtable discussion at the University of Kentucky on the role of technology commercialization and entrepreneurship in economic development. http://www.econdev.uky.edu/ukTech10.html Innovative UK faculty will demonstrate promising technologies at ukTech10, part of the Lexington Creative Cities Summit and IN2LEX APRIL IS on April 8 at The Penguin from 4 p.m. to 7 p.m. http://www.econdev.uky.edu/news-outrider.html Outrider, which develops plastic based semiconductors for the electronics industry, has licenses with 3M and other companies for compounds developed by UK chemistry professor John Anthony. Co-founded by CEO John Beran and Anthony, now CSO, Outrider has paid UK $847,000 in royalties since 2007. http://www.econdev.uky.edu/news-HellerSpeaks.html Len Heller, vice president of the UK Office for Commercialization and Economic Development, will be the featured speaker at the Venture Club of Louisville on March 3 at the Galt House in Louisville. http://www.econdev.uky.edu/flippingBook/index.html The report includes highlights from commercialization and licensing, promising technologies, ASTeCC and AgTeCC campus incubators, Coldstream Research Campus, Von Allmen Center for Entrepreneurship, and the Kentucky Small Business Development Center. http://www.econdev.uky.edu/news-allylix6mill.html Allylix, which licensed its original technology from UK's College of Agriculture, has raised $6 million in the first closing of its Series C financing to fund commercialization of its first three products for the flavor and fragarence industry. http://www.econdev.uky.edu/new-2010LVC.html Entrepreneurial companies in the Bluegrass Region attracted $47.5 million in venture funding in 2009, according to the annual survey by the LVC. The 88 Central Kentucky early-stage companies that participated in the survey reported 386 people hired and 804 people employed with an average full-time salary of $69,900. http://www.econdev.uky.edu/news-5UK.html Governor Steve Beshear announced that five UK affiliated companies including faculty startups will receive $865,000 in Kentucky matching funds for federal SBIR and STTR awards. http://www.econdev.uky.edu/news-KSBDCmilprog.html Over the past year, the KSBDC promoted business ownership to more than 2,450 veterans and active duty military personnel thanks to a grant from the U.S. Small Business Administration. http://www.econdev.uky.edu/news-sbirsttr_awards.html Federal funding agencies including NIH and NSF awarded $4 million in SBIR Program and STTR Program funding during 2009 to 12 UK affiliated companies.