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UK, other partners announce creation of Launch Blue Ventures

The University of Kentucky Office of Technology Commercialization (UK OTC) has announced the creation of Launch Blue Ventures (LBV) to support the growth of venture capital for start-ups in Kentucky. The new initiative falls under the umbrella of Launch Blue, a start-up accelerator program developed by UK OTC in partnership with Bluegrass Angels and the Kentucky Science and Technology Corporation.

As described in this article from the university, LBV will focus on: (1) increasing the level of capital available to Kentucky start-ups at the pre-seed, seed and post-seed stages; and (2) growing a deep pool of talent, resources and capital networks with rich and diverse start-up experience in Kentucky.

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