KY Inno reports on Kentucky organizations announced as winners of the U.S. Small Business Administration's Growth Accelerator Fund Competition (GAFC) and Small Business Innovation Research (SBIR) Catalyst competition, a new component aimed at spurring investment in underrepresented communities within the innovation economy at scale.
Kentucky Commercialization Ventures (KCV), an initiative of Kentucky Science and Technology Corporation (KSTC), was awarded $50,000 as a winner of the Growth Accelerator Fund Competition.
"This national competition sought to find the best initiatives that expand access and participation in innovation," said Terry Samuel, KSTC president, in a statement. "KSTC's portfolio of STEM, small business and innovation programs does just that, and we are grateful to the SBA for recognizing our impact through KCV."