February 6, 2012

Tom Eblen: Lexington could be a petri dish for growing new companies

The Lexington Venture Club's annual celebration of local entrepreneurs last week had a '70s disco theme, but it was all about the future of economic growth in Central Kentucky. The 78 early-stage companies surveyed by the Lexington Venture Club reported receiving $69.9 million in funding last year, the most since statistics started being kept in 2005. The biggest source of that funding was so-called angel investors — individuals willing to risk their own money on other people's good ideas.

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