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UK Announces New Program to Support Local Venture Capital Formation


LEXINGTON, Ky. (May 24, 2021) The University of Kentucky (UK) Office of Technology Commercialization (OTC) is pleased to announce the offering of Launch Blue Ventures (LBV) to support the growth of venture capital for startups in Kentucky. A part of Launch Blue, a startup accelerator program developed by UK OTC in partnership with Bluegrass Angels (BGA) and Kentucky Science and Technology Corporation (KSTC) and others, LBV is a venture capital management services program supporting the development, provision and management of venture capital to benefit Kentucky startups.
“UK is a catalyst in the Kentucky technology-based economic development startup ecosystem. As the largest incubator of new technologies and startups in the state and through partnerships across the state, UK is the founder and manager of numerous innovation and accelerator programs that are accessible by innovators, entrepreneurs and startups statewide,” said Ian McClure, associate vice president for r ....

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Inside the Industry


The Los Angeles Fashion District Business Improvement District has introduced four new grant programs aimed at supporting the area’s small businesses and property owners who have been affected by the COVID-19 pandemic. Through SpaceConnect, $10,000 grants are being offered to incentivize independent retailers, arts-and-culture collectives, and casual-dining and personal-care businesses to lease ground-floor commercial space within the district’s BID boundaries. #SmallBizLove is awarding creative-service grants worth between $500 and $2,500. You Are Here is a rent-free pop-up retail program that will afford vacant spaces to retail tenants in the area. Spruce It Up grants property owners and businesses up to $6,000 in matching grant funds for exterior improvements to their buildings. For additional information, visit ....

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