AquiSense Receives 2017 Thoroughbred Award

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AquiSense Receives 2017 Thoroughbred Award

The Northern Kentucky Tri-County Economic Development Corporation (Tri-ED) honored 18 companies that located, expanded or were launched in the region in 2016 at the ninth annual Northern Kentucky Thoroughbred Awards.

The Thoroughbred Awards recognize the region’s primary industry companies that announced new, start-up or expanding operations in Northern Kentucky in 2016.

Northern Kentucky Tri-ED serves as the primary economic development entity for Boone, Campbell and Kenton counties in Northern Kentucky.  Since its founding in 1987, more than 645 primary industry projects have located to or expanded within Northern Kentucky, creating more than 55,600 jobs and investing more than $7.6 billion.

Expanding High Growth Entrepreneurship

Entrepreneurship in Northern Kentucky celebrated several milestones. Two Northern Kentucky companies, Aquisense Technologies and Wyzerr, were invited to the Global Entrepreneurship Summit in California to join an exclusive group of startups from around the world.

The Kentucky Innovation Network at Northern Kentucky received a Gold Award from the International Economic Development Council (IEDC) for implementing the Kentucky Individual Angel Tax Credit, which has spurred nearly $15 million in investment in startups statewide since its creation. UpTech, Northern Kentucky’s business accelerator, was also recognized with a Silver Award from the IEDC; UpTech is now in its fifth class of startups with a portfolio of 39 companies and more than 170 jobs created.

“ The technology startup ecosystem in Northern Kentucky has been teeming with entrepreneurial growth,” said Casey Barach, SVP for High Growth Entrepreneurship at Tri-ED and Director of the Kentucky Innovation Network at Northern Kentucky. “The overwhelming success of the angel investment tax credit, the designation of Innovation Alley, and the continued upward momentum of our startups has set a new bar for entrepreneurship in Northern Kentucky.”  

Source: Northern Kentucky Tribune

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