Thursday, April 17, 2014

UPike Joins Kentucky Innovation Network

An announcement made yesterday at the University of Pikeville was all about innovation and moving forward.

Last year, the Kentucky Innovation Network supported more than 400 companies...creating more than 1,000 jobs.

On Wednesday, officials announced the network's newest office will be in Pikeville.

The Pikeville office will work to support entrepreneurs in nine Eastern Kentucky counties including Pike, Johnson, Martin, Floyd, Magoffin, Knott, Perry, Letcher, and Breathitt.

The Cabinet of Economic Development is providing $175,000 to start the office. An amount the university is pledging to match, creating the Appalachian Business Opportunity Endowment.

Officials say having the network in Pikeville creates a firm foundation for individuals as well as the entire region to move forward.