New Energy Ventures (Kentucky)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Kentucky

Applies to States or Provinces Kentucky
Name New Energy Ventures (Kentucky)
Policy Category Financial Incentive
Policy Type Equity Investment, Grant Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Hydroelectric, Hydroelectric (Small), Natural Gas, Solar Photovoltaics, Wind energy
Active Policy Yes
Implementing Sector State/Province

Primary Website

Last Review 2014-06-06

Information Source


This fund provides capital for companies exploring alternative and renewable energy technologies. Companies may apply for a $30,000 grant, an initial investment up to $250,000, or Follow-On funding up to $750,000.

Company Eligibility • High growth, early-stage company developing and commercializing alternative fuel and renewable energy product(s), process(es), and/or services. • Business with its principal place of business in Kentucky or at least fifty-one percent (51%) of its property and payroll located in Kentucky. • Grant eligibility: To be eligible for a grant, an eligible company is any corporation, limited liability company, partnership, limited partnership, sole proprietorship, business trust, person, group, or other entity engaged in research and development and commercialization related to, or the production of, alternative fuels or renewable energy. • Investment eligibility: To be eligible for an investment, an eligible company must be organized as a C Corporation (C-corp) or as a Limited Liability Company (LLC).

Policy Contact

Contact Name Sean O'Leary
Department Kentucky Science and Technology Corp.
Address PO Box 1049
Address 2 200 W. Vine St. Ste. 420
Place Lexington, Kentucky
Zip/Postal Code 40507
Phone 859.246.3262
Phone 2 859.967.9974