Lexington, KY - There are always business ideas percolating in the creative minds of central Kentucky entrepreneurs. But often the difference between a great idea that launches a new company and well-paying jobs and an idea that just sits on a shelf for years is funding.
The Lexington Venture Club is a catalyst that brings entrepreneurs, investors and service providers together to hopefully make magic. The club gathered recently to celebrate the achievements of new start-ups.
Its annual survey of 78 local early-stage companies, 11 fewer than last year, showed impressive gains. Most companies are in biotechnology and health care, advanced manufacturing, IT and software and business services. In 2011, there was: