Governor hopes grants lure high-tech business to Commonwealth - WALB.com, Albany News, Weather, Sports

Governor hopes grants lure high-tech business to Commonwealth

Posted: Updated:
Gov. Steve Beshear  (D-KY) Gov. Steve Beshear (D-KY)
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • ATC celebrates Arbor Day Monday

    ATC Celebrates Arbor Day Monday

    Sunday, April 20 2014 4:00 PM EDT2014-04-20 20:00:13 GMT
    Albany Technical College, a Tree Campus USA, will celebrate Arbor Day on Monday, on the grounds north of the Nathaniel Cross Health Care Technology Building, by planting a tree. George Paul, EnvironmentalMore >>
    Albany Technical College, a Tree Campus USA, will celebrate Arbor Day on Monday, on the grounds north of the Nathaniel Cross Health Care Technology Building, by planting a tree.More >>
  • Smack down on Cancer at the State Theater

    Smack down on Cancer at the State Theater

    Saturday, April 19 2014 11:54 PM EDT2014-04-20 03:54:50 GMT
    Wrestlers from all over Georgia and Florida were in town for the Smack Down on Cancer Event at the state theater. More >>
    Wrestlers from all over Georgia and Florida were in town for the Smack Down on Cancer Event at the state theater. More >>
  • Americus student honored in statewide design contest

    Americus student honored in statewide design contest

    Saturday, April 19 2014 7:59 PM EDT2014-04-19 23:59:05 GMT
    Indira Zelaya, a fourth grader from Sarah Cobb Elementary School in Americus, was honored in Atlanta recently for her artwork supporting Georgia's manufacturing industry.  She was nominated by South GeorgiaMore >>
    Indira Zelaya, a fourth grader from Sarah Cobb Elementary School in Americus, was honored in Atlanta recently for her artwork supporting Georgia's manufacturing industry.  She was nominated by South Georgia Technical College.More >>

LOUISVILLE, KY (WAVE) - Kentucky Governor Steve Beshear announced Monday that another seventeen high-tech businesses within the Commonwealth have been awarded grant money from the Kentucky Small Business Innovation Research and Small Business Technology Transfer Funds.

The federal monies come along side state matching funds which the Governor says helps bring new high-tech businesses to the Commonwealth of Kentucky.

"We have attracted now 124 high-tech startups in the Commonwealth, ten of them from out of state who came here in order to get the match, creating good paying jobs, and just as importantly building in that foundation for the future of high-tech business in the Commonwealth."

Beshear continued to say that, "now we have 124 of these companies that have received these matching funds and we are leveraging and getting control of about $81 million dollars of state and federal funds invested here because of that and creating those good paying jobs."

Monday's announcement at the University of Louisville included another seventeen companies ranging in many different areas of high-tech production including the medical and engineering fields. The Governor added that this program will continue to create good paying jobs and just as importantly, continue to build on the foundation of future high-tech businesses coming to the Commonwealth.

Copyright 2012 WAVE News. All rights reserved.

Powered by WorldNow