Kentucky Science and Technology Corporation

The Kentucky Science and Technology Corporation (KSTC) is a private, nonprofit organization dedicated to fostering science, technology, and innovative economic development in Kentucky. Established in 1987, KSTC has been instrumental in promoting education, economic competitiveness, and scientific research within the state. The organization operates through various initiatives, including the Kentucky Enterprise Fund (KEF), which invests in early-stage companies across multiple sectors, such as Software as a Service (SaaS). Notably, KEF has invested in Virtual Peaker, a SaaS startup based in Louisville, Kentucky.

KSTC's investment strategy focuses on supporting companies at various stages of development, from seed to pre-IPO, with investment sizes ranging from $500,000 to $10 million. The organization has a broad geographical focus within the United States, aiming to stimulate economic growth and innovation across the nation. KSTC's diverse portfolio spans multiple industries, including technology, healthcare, manufacturing, energy, agriculture, aerospace, defense, biotechnology, pharmaceuticals, environmental services, education, media, telecommunications, transportation, and consumer goods.

Through its comprehensive approach, KSTC plays a pivotal role in enhancing Kentucky's competitiveness in the global market by promoting innovation and collaboration among entrepreneurs and researchers. The organization's commitment to advancing science and technology has led to the establishment of various programs and partnerships that support the growth and development of startups and established companies alike, contributing significantly to the state's economic development and technological advancement.