Northern Kentucky Tri-ED and Blue North, the community for startups and small businesses in Northern Kentucky, announced an award of a $510,000 RISE grant for the new fiscal year from the Kentucky Cabinet for Economic Developments (KCED) Office of Entrepreneurship.

Tri-ED launched Blue North as the brand for its entrepreneurship program and services in 2019 after it received a grant last year from KCED to serve entrepreneurs in Northern Kentucky. With the support of Tri-ED, KCED, and the Northern Kentucky community, Blue North has been serving and connecting entrepreneurs, studying and mapping the regional ecosystem, and laying the groundwork for Blue North to become an independent organization.

At the beginning of July, Blue North began operating as an independent Limited Liability Company (LLC) - serving the Northern Kentucky community - under the leadership of Executive Director Brit Fitzpatrick and a regional board of directors. Fitzpatrick was hired as interim director of entrepreneurship by Lee Crume, president and CEO of Tri-ED, and named director in October 2019.

Throughout the last year, the Blue North team has solidified our four focus areas for our eight-county region and developed evidence-based strategies to serve the community. Weve also actively supported our growing community of entrepreneurs through in-house services, programming and events, and by providing more than $1 million in grant funding to other organizations in the region, said Fitzpatrick. In our first nine months of operating, we had 793 touchpoints with entrepreneurs. Becoming an independent organization is a natural path for us as we scale our impact building on the successful ecosystem hub models adopted by our peers in Louisville and Lexington.

Tri-ED believes this is the right evolution for Blue North.

Im confident in Brits ability to lead Blue North and build on the partnerships and the foundation weve constructed throughout the last year, said Crume. We believe this is a sustainable model for entrepreneurship services in Northern Kentucky. Blue North will continue to collaborate with our regional entrepreneurship and innovation community, which includes Tri-ED, Northern Kentucky University, Gateway Community & Technical College, Thomas More University, St. Elizabeth, CVG, the City of Covington, Cintrifuse, as well other counties, municipalities, universities, and organizations throughout the Greater Cincinnati region and Kentucky.

Blue North will continue to produce scalable impact by serving entrepreneurs and the region through the following initiatives:

Providing direct startup support services,

Creating an Industry Advisor Board to expand Blue North's access to large and mid-size corporates,

Offering expanded startup resources via the Startup Support Fellowship Fund,

Improving inclusivity and access to programming and events through the use of innovative, digital tools, and

Increasing connections with investor and capital networks.

Blue North has identified four sectors that it will focus on leveraging Northern Kentuckys unique strengths and assets: health (cancer diagnostics, screening and treatment innovations), supply chain, eCommerce, and local growth (food, beverage, distilled spirits, and creative services).

In April, Blue North announced its partnership with the New York-based The Worldwide Supply Chain Federation (TWSCF), a global grassroots community focused on connecting the companies building thesupplychaintechnologies of the future with the buyers who need them to stay competitive.Through this partnership, Fitzpatrick will lead the regions first supply chain meetup chapter to grow the regional supply chain ecosystem.

The NKY/Cincinnati region has a wealth of assets in the supply chain sector. Its the area where we see technology and innovation playing a significant role across all business sectors, as well as in the current and future growth of our ecosystem, said Fitzpatrick.

Fitzpatrick also sees providing greater access to customers as key to Blue Norths impact. Increasing B2B opportunities for entrepreneurs through collaborations with organizations like TWSCF, Cintrifuse, and CincyTech will be a win for entrepreneurs and our regional Big Cos alike.

"The Cincinnati region is deeply committed to building a world-class startup economy, said Pete Blackshaw, CEO of Cintrifuse. We congratulate Blue North on receiving the RISE grant and were committed to working alongside them to facilitate fast-track connections to Northern Kentucky startups who are addressing critical needs from supply chain and ecommerce to life sciences.

The future is bright for entrepreneurship in Northern Kentucky, said Fitzpatrick. Our partnership with the Kentucky Cabinets Office of Entrepreneurship is critical and we appreciate their continued investment and leadership as we continue to serve our regions innovators.

Fitzpatrick brings a wealth of startup and leadership experience to the Blue North team. In 2013, she founded MentorMe, one of the nation's first venture-backed SaaS mentoring startups. Before Blue North, Brit built entrepreneurship ecosystems in Memphis and led the 1804 Entrepreneur Center in Louisville, which later merged with LEAP.

Abby Ober will begin a new role as program director for Blue North. She has served as entrepreneurship Community Manager since January 2019. Leveraging her experience over the past six years, she oversees Blue Norths suite of in house-services and events while managing Blue North's grant and contract reporting.

-Staff report

Original post:

NKY Startup Community Awarded $510000 from State - The River City News