About this programme
The Kentucky Enterprise Fund (KEF) provides pre-seed and seed stage funding to companies in Kentucky. It is run through Startups@KSTC, a program of the Kentucky Science and Technology Corporation, whose stated goal is to build successful technology-related companies in Kentucky.
KEF makes $20,000 pre-seed investments or $50,000 to $250,000 seed stage equity investments in Kentucky-based companies.
How it works
Companies can apply at any time; there is no application window. KSTC's due diligence process typically takes 2 to 3 months to complete.
About 10% of companies that apply receive funding.
Funded companies must provide Governing Documents, Investment Documents, evidence of Matching Private Investment, a Kentucky Based Assertion Letter, and a Side Letter Agreement.
Who can apply
The company must be Kentucky-based.
It should be building a solution to address a specific problem, and be working with customers to understand the value of that product or solution.
The team must be able to uniquely serve the company's customers and build a business around the solution.
How to apply
- Apply at any time through the application form at startups.kstc.com/home/apply/.
- KSTC runs its due diligence process, which typically takes 2 to 3 months.
- If approved, provide the required documentation: Governing Documents, Investment Documents, proof of Matching Private Investment, a Kentucky Based Assertion Letter, and a Side Letter Agreement.
Documents you’ll typically need
- Governing Documents
- Investment Documents
- Matching Private Investment (evidence of)
- Kentucky Based Assertion Letter
- Side Letter Agreement
Frequently asked
How much does KEF invest?
Either a $20,000 pre-seed investment or a $50,000 to $250,000 seed stage equity investment.
Is there a deadline to apply?
No. Companies may apply at any time.
How long does the review take?
KSTC's due diligence process typically takes 2 to 3 months to complete.
What are my chances of getting funded?
About 10% of companies that apply receive funding.
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All 10 programmes in Kentucky →
Reviewed 2026-09-25. Programmes change, so check eligibility, amounts and deadlines on the official page before you apply. CapEasy is a private firm and is not part of any government body.