Kentucky Science And Technology Corporation

Programs: Education programs-advancekentucky is a program designed to fund training and incentives for advanced placement (ap) and pre-ap courses in math, science, and english in kentucky high schools. The program provides extensive training of teachers, identification and cultivation of lead teachers, and extended time on tasks for students and financial incentives based on academic results to expand the number of kentucky students from across the state taking and excelling in the various math, science, and english ap exams. Acorn awards is funded by the kentucky council on postsecondary education to present awards to outstanding professors at kentucky colleges and universities. Two $5,000 awards were presented. One to a faculty member from a four-year institution and one to a faculty member from the kentucky community and technical college system.

economic development programsmiscellaneous workshops are for registration fees and contributions to specific workshops. Generally, these are small, one-time workshops and the fees charged are minimal. One such workshop was the "building the rural business incubator" workshop. The knowledge-based economy (kbe) funds are a series of investment funds aimed at promoting and capitalizing early stage technology commercialization in the commonwealth of kentucky. Kbe is administered by kstc and funded by the state through a contract with the council on postsecondary education. The funds are dedicated to increasing the number of high technology companies and products in kentucky. Components of this program include the kentucky enterprise fund program, the rural innovation program, and the kentucky commercialization program. The kentucky innovation network program/headquarters is administered by kstc and funded by the state through a contract with the kentucky cabinet for economic development office of entrepreneurship. The kentucky innovation network program is composed of a series of centers coordinated by a statewide headquarters, located at kstc. The centers are envisioned as public/private catalysts that will provide business-building and related services to kentucky entrepreneurs, faculty, and scientists across the state and to facilitate the innovation and commercialization process. Kentucky alternative fuel & renewable energy fund program (afre) is funded by the kentucky cabinet for economic development office of entrepreneurship for kstc to administer the kentucky alternative fuel & renewable energy fund program. The purpose of the program is to accelerate knowledge transfer and technological innovation, improve economic competitiveness and economic growth of kentucky-based companies, and to support r & d activities that have a clear potential to lead to commercially successful products, processes, or services specifically in the area of alternative fuels or renewable energy. The program also encourages partnerships and collaborative projects between private enterprises, kentucky's universities, and research organizations in alternative fuels and renewable energy. Governor's school for entrepreneurs is funded by the kentucky cabinet for economic development, by and through the office of entrepreneurship. It is an initiative to teach innovation and entrepreneurship to kentucky high school students through the governor's school for entrepreneurs, kstc is to develop, administer, and oversee. Appalachian angel fund formation is funded by the appalachian regional commission providing funding for the formation of the angel investment fund in appalachian kentucky to select target geography, identify investtors, organize and launch a new fund, and connect emerging enterprises to local sources of entrepreneurial support. Idea state university is a business plan competition funded by the kentucky cabinet for economic development by and through the office of entrepreneurship to conduct a professional, high-quality event for student teams and advisors from kentucky's public universities. Competition awards and prizes are made to students and ventures on a competitive basis based on evaluations and decisions of expert judges.

research and development programsthe experimental program to stimulate competitive research (epscor) administration from the council on postsecondary education (cpe) represents state funds under the kentucky innovation act (kia) for the coordination and development of epscor. The kentucky science and engineering foundation (ksef) mission is to build science and engineering capacity and excellence by investing in basic and pre-commercial emerging research and development, technological innovation and transfer, and human resource development in kentucky. This project is administered by kstc and funded by the commonwealth of kentucky through a contract with the council on postsecondary education. A major component of the foundation is the r & d excellence program. Kentucky sbir/sttr matching funds program is funded by the kentucky cabinet for economic development office of entrepreneurship and awards matching funds to kentucky-based firms that receive federal small business innovation research (sbir) and small business technology transfer research (sttr) program awards. The program encourages growth of high-quality, advanced technology companies by increasing r & d intensity under phase i to make kentucky small businesses more competitive for phase ii funds, allowing continued technology and business development during phase i and phase ii gap period, and advancing the prototype development and testing for early entry into the market place. Federal and state technology program (fast) is funded by the small business administration and is designed to stimulate economic development among small high technology business through federally funded innovation and research and development programs like the small business innovation research (sbir) and small business technology transfer research (sttr). The funding also provides small technology firms with specialized services that will equip them to more effectively participate in the sbir award process.

kentucky space programskentuckyspace is a joint - enterprise involving public organizations, private companies, colleges, and universities in the student - driven design, build, launch, and on-orbit operations of small satellites for innovation and learning purposes. Its mission is to provide students with real-time learning in the dynamics of spacecraft design, construction, testing, and on-orbit operations as a means of extending science and technology education, research and development, and innovation. Space tango institute provides business accelerator-related services, knowledge and networks to help successfully launch space-oriented businesses thru an intense twelve-week, on-site accelerator program for selected start-up companies providing them access to a full team of scientists, space professionals, mentors and facilities, including the nasa ames research center, the kennedy space center, morehead state university's space science center and the university of kentucky's space systems lab. This platform is specifically designed to help entrepreneurs in building profitable, space-driven companies.