The Kentucky Enterprise Fund (KEF) is a source for pre-seed and seed stage venture capital-type investments to high-growth startups and entrepreneurs based in or interested in relocating to Kentucky.
These companies should be primarily focused on the commercialization of research and development, the application of new technology, or determined by the Kentucky Science & Technology Corporation (KSTC) to have the potential to: accelerate technological innovation, improve competitiveness or spur significant economic growth and return on investment.
Companies should 1) be building an innovative, technology-enabled product, process, or service, 2) have developed a prototype, be seeking product-market fit, or entering early growth stage of development, and 3) present a well-articulated market opportunity with some level of customer validation and a strong founding team.
Most often, these companies are interested in completing product development and identifying their initial product-market fit, but are not yet ready for typical first institutional venture capital investment.
You might qualify for investment from KEF if your business:
Learn more about the investment process by downloading the Investment Process Checklist: diligence items and tasks applicants can expect to provide and prepare in each stage of the application process.Download