Funding for this program is provided by the Kentucky Cabinet for Economic Development.

KNEV will provide support for companies developing and commercializing products in the following areas:

- Alternative transportation fuels produced from coal, waste coal, biomass or extract oil from oil shale

- Synthetic natural gas

- Ethanol produced from food crops or cellulosic ethanol

- Any other fuel that is produced from a  renewable or sustainable source


Eligible Companies

  • Must be Kentucky-based and have 150 or fewer employees.
  • Must be developing/commercializing alternative fuel and renewable energy products, processes, and services.

Fund Summary

Companies seeking capital go through a rigorous due  diligence process and are judged in terms of industry fit, return on investment, and potential for economic development.

Grant: $30,000

  • Company must match the grant 1:1 through cash or in-kind services.
  • Funds must be used for approved business development activities.

Investment: Any amount over $30,000

  • Companies must match the fund's investment on a 1:1 dollar ratio.
  • Funds may be invested via convertible note or through direct stock.
  • Investments can only be made in a company organized as a C Corp. or as an LLC.

Learn more by visiting the Startups website

Current News

KSEF Program Manager

KSTC seeks KSEF Program Manager. Click here to learn more and apply.

Employment Opportunity

Fund Manager position available to support the Kentucky Enterprise Fund. Learn more and apply.

Upcoming Events

May 9, 2017

SBiR Connect - Lexington. Learn more and register.

May 11, 2017

SBIR Connect-Louisville. Learn more and register.

May 23, 2017

Manufacturing in Space. Register Now!

July 21, 2017

SBIR Road Trip...Save the Date. Sign up for updates.

Member Spotlight

KSTC's Mission

KSTC is an entrepreneurial company dedicated to enhancing the capacity of people, companies and organizations to develop and apply science and technology and compete responsibly in the global marketplace.