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Kentucky Science & Technology Corporation (KSTC)

ACCELERATING INNOVATION-DRIVEN ECONOMIC GROWTH TO CREATE A BETTER FUTURE FOR ALL KENTUCKIANS

Lexington, KY, USA

Description

Kentucky Science & Technology Corporation (KSTC) is a nonprofit science, technology, and innovation organization based in Kentucky that focuses on research commercialization, entrepreneurship, and economic development. KSTC supports startups, university spinouts, and technology‑driven ventures through incubation services, grant support, proof‑of‑concept funding, and commercialization programs, often in partnership with state and federal agencies, universities, and industry stakeholders. Its mission centers on translating research into market‑ready companies that strengthen regional innovation ecosystems.

Eligibility

• University spinouts, researchers, and early‑stage founders
• Science‑ and technology‑based innovations
• Companies at pre‑seed or pre‑institutional funding stages
• Strong alignment with applied research and commercialization

Process


Deal / Program Sourcing:

• Applications via KSTC programs, referrals from universities, researchers, and state partners.

Evaluation:
• Technical feasibility
• Commercial potential
• Alignment with economic development and innovation goals
• Team and research credibility


Funding Structure:

• Non‑dilutive grants or milestone‑based funding
• Occasional small equity or revenue‑linked structures


Support:

• Commercialization guidance
• Grant and SBIR/STTR support
• University and industry introductions
• Long‑term ecosystem engagement

What an Applicant can Obtain

✔ Non‑dilutive early funding
✔ Commercialization and grant expertise
✔ Access to university, government, and industry networks
✔ Early validation and ecosystem credibility
✔ Reduced dilution risk at the earliest stages