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Kentucky scores major partnership with MIT to fuel innovation " . . . announcement that Kentucky will field a team in the MIT Regional Entrepreneurship Acceleration Program underscores the fact that our state offers some of the most promising people, ideas, business and institutions for innovation-driven success"- GOV. MATT BEVIN Click on headline for complete story Kentucky Press News Service Original Story URL FRANKFORT, KY - Gov. Matt Bevin and University of Kentucky President Eli Capilouto announced Friday Kentucky will participate as one of nine international teams - and the first from the United States - in a two-year program that fosters entrepreneurship and innovation organized by one of the world's top universities. The Massachusetts Institute of Technology Regional Entrepreneurship Acceleration Program (MIT REAP) will engage Kentucky's team, which includes the UK and the Cabinet for Economic Development's entrepreneurship office, in designing a regionally relevant plan to support entrepreneurs and the innovation environment. The announcement comes as part of Kentucky's Startup Week, according to a state news release. "Today's announcement that Kentucky will field a team in the MIT Regional Entrepreneurship Acceleration Program underscores the fact that our state offers some of the most promising people, ideas, business and institutions for innovation-driven success," Gov. Matt Bevin said in the release. " UK president Eli Capilouto said the program amplifies the university's contributions to Kentucky's innovation economy. MIT REAP, now on its sixth cohort of teams, strengthens the ecosystem for innovative startups by creating collaboration between entrepreneurs, universities, government, corporate representatives and venture capital. Luke Ramsay, University of Kentucky Community and Economic Development Initiative of Kentucky economic development extension specialist, is the Kentucky team's champion. "We are thrilled to have been selected," Ramsay said in the news release. "The fact that we are the first region from the United States selected for this program is a great signal that Kentucky is serious about entrepreneurism and finding the best ways to support our local innovators." Brian Mefford, who leads the Cabinet's entrepreneurship office, said Kentucky's participation in MIT REAP will further distinguish the state as a top location for innovation. Typical REAP regions encompass 1-10 million people. Each partner region fields a team of driven and influential members, headed by a regional team champion. Kentucky's team members include: Ramsay; Mefford; Rusty Justice, Bit Source Technologies; Stacey Hughes, Logan Aluminum; Sam Ford, Future of Work Initiative; John Roush, Centre College president; Kevin Loux, Shaping our Appalachian Region (SOAR); and Casey Barach, Northern Kentucky Tri-ED senior vice president for high growth entrepreneurship. The Kentucky team will also engage other stakeholders in education, economic development and workforce development. Along with Kentucky, fellow teams in the sixth cohort are Campania, Italy; Central Denmark; Guangzhou, China; Guayaquil, Ecuador; Leeds City, United Kingdom; Monterrey, Mexico; Oslo and Akershus, Norway; and Sydney, Australia. This story was posted on 2018-05-13 05:14:56
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A Kentuckian's Choice Sunday Read: Mothers of Abraham Lincoln Traffic Advisory - I65/WKY Interchanges in Hardin County Baby Daxon Rich dedicated to the Lord in the arms of family Menu for Hungry Kids Cafe for Saturday, 12 May 2018 Adair County Fiscal Court Special Called Meeting - 14 May 2018 AGENDA C. A. Meyer of Sycamore Springs: Answer to Mystery ID #78652: Whatizzit - JIM: Remembering Reed Combest & Combest Motor Co. Reminder: Open house, Dustin W. Warren law office re-scheduled Election 2018: Partial closing of clerk's office Tue 22 May 2018 LWC Men's Basketball signs Matt Eldridge for 2018-19 campaign View even more articles in topic News |
 
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