Early-stage companies created 272 new full-time and part-time jobs in the Bluegrass region and raised more than $57 million in capital funds in the last fiscal year, according to a survey released by the Lexington office of the Kentucky Innovation Network.
The survey was distributed to 186 Bluegrass Business Development Partnership (BBDP) clients, with 125 companies, or 67 percent, responding. The results were based on self-reported company data for July 2013 through June 2014.
In addition, as part of Lexington’s ongoing participation in Global Entrepreneurship Week, 20 start-up companies in the Bluegrass Region were recognized for excellence in entrepreneurship as recipients of the Lexington eAchievers award. Award winners included: A Look At Media Ventures, LLC; Allylix, Inc.; AntiOp; Bluegrass Vascular Technologies, Inc.; Care Team Solutions; Coldstream Laboratories, Inc.; Directed Energy Incorporated; Float Money; Invenio Therapeutics; Mercury Data Systems, Inc.; MosquitoMate, Inc.; nGimat, LLC; Paratechs; PDx Biotech; Science Tomorrow; Seikowave; SIS, LLC; Summit Biosciences Inc.; Twin Star TDS; and Volar Video, Inc.
The eAchiever award is presented to companies that have received at least $1 million in funding and/or created five new full-time jobs in fiscal 2014. This year’s recipients specialized in fields that included biotechnology, advanced manufacturing, e-commerce, IT and software development, homeland security, energy technologies and business services.
For more information about the eAchiever award and Lexington Venture Club, check online at lexingtonventureclub.com.