Entrepreneurs Foundation of KentuckyThe Entrepreneurs Foundation of Kentucky (EFKY), a nonprofit (through Bluegrass Community Foundation) organized to help entrepreneurs and early stage companies contribute to the long-term health and sustainability of Kentucky, announces the launch of two programs, the STEM Scholarship Program and the Civic Innovation Fund.
STEM Scholarship Program–the number of graduates from STEM (Science, Technology, Engineering, & Math) disciplines is critical to the long-term growth and development of high impact startups. EFKY provides the opportunity for companies and individuals to donate towards a scholarship program that will provide funds for students willing to study a STEM subject during college.
Civic Innovation Fund—this annual program funds innovative projects that demonstrate sustainability and improve the local community. This is a competition-based format where individuals, groups, non-profits or other organizations are invited to submit a project proposal. Individuals and the businesses community provide funding for the projects, and the funds are allocated based on a proposal review/selection process.
“The foundation is excited to bring these two innovative programs to Kentucky,” said Richard Stump, founder of Entrepreneurs Foundation of Kentucky. “One of our goals is to support those areas that will strengthen Kentucky’s entrepreneurial culture and these programs do that by encouraging the study of STEM subjects in college and providing early funding for innovative, sustainable projects that benefit local communities.”
