April 4, 2018 11:23am
2018 Vogt Awards Application Period Now Open
(Louisville, KY) – The application period for the 2018 Vogt Awards kicked off at Wednesday’s Venture Connectors meeting. The Vogt Awards help early-stage start-up companies develop into viable and successful businesses by providing non-dilutive funding, dedicated mentorship, workshops, and support. Applications for eligible companies will be accepted through June 1st.
The Vogt Awards program provides robust mentorship and support services to up to six early-stage entrepreneurs. Each winner will receive $25,000 in non-dilutive funding and an additional package of valuable services for early-stage entrepreneurs. In the past, applicants were required to manufacture a physical product to be eligible. Since 2016, entrepreneurs from the Greater Louisville area that have the potential to create a scalable business based on innovative, technology-enabled products are also included in the program.
“As Greater Louisville’s longest-running accelerator, the Vogt Awards gives locally-founded companies a chance to grow with not just funding, but also extensive support,” Ellie Puckett, Commercialization Director for GLI’s EnterpriseCorp, said, “No one is required to give up a stake in their company for that funding because this program is all about empowering entrepreneurs to take make the most of their vision.”
The Vogt Invention &Innovation Fund, founded by Henry Vogt Heuser and an endowment at the Community Foundation of Louisville, helps support entrepreneurial efforts of engineers and innovators to fund the product development and commercialization of their ideas, and the Vogt Awards is the Fund’s marquee programs.
“We are hoping to see a diverse cross-section of entrepreneurs in this year’s applicants. In the past, we’ve welcomed companies with ideas disrupting a multitude of sectors, which is in line with Henry Heuser’s vision for the Vogt Awards,” Susan Barry, President & CEO of the Community Foundation of Louisville, said.
Vogt Award winners will be selected in August. The 10-week mentoring and support program will occur throughout the fall. The full roster of partners and mentors will be released at a later date. The Vogt Awards continues EnterpriseCorp’s “Year of the Entrepreneur” in which multiple events and achievements highlight Louisville’s burgeoning startup scene.
The Vogt Awards program culminates with Vogt Demo Day in November. Each winner is given the opportunity to showcase their business to the entrepreneurial community and share the progress they made thanks to the Vogt Awards program.
Applications are being accepted from April 4 to June 1, 2018 and are open to entrepreneurs based in Louisville, surrounding Kentucky counties, and Southern Indiana. For all criteria and to apply, visit http://www.vogtawards.com/
About The Vogt Awards & Henry Heuser
Henry Vogt Heuser, who died in 1999, was an exemplary corporate citizen and a gifted inventor and entrepreneur. He was a native of Louisville who spent his entire career working for Henry Vogt Machine Company, including 28 years as its president. Whenever Henry had an idea about how to make something better, quicker, or easier, all he had to do was walk out to the shop floor to assess its viability and commercial potential. The endowment he created at the Community Foundation of Louisville to establish this award will allow engineers and entrepreneurs to access the same kinds of resources. The Vogt Award is intended not only to memorialize Henry’s legacy, but also to inspire more inventors to pursue their goals right here in Louisville.
The Community Foundation of Louisville is a force for good. As a leader in philanthropy, we connect donors, nonprofits and civic partners to create lasting impact in community so people and place thrive. Founded in 1984, the Community Foundation is the largest charitable foundation in Kentucky with more than $530 million in assets and more than 1,600 charitable funds. Each fund has its own name and charitable purpose as defined by its donors. In 2017, these funds made 9,500 grants totaling $73 million, approximately 80% of which stayed in Kentucky and Southern Indiana to support area nonprofits. To learn how you can be a part of this force for good, visit www.cflouisville.org.
EnterpriseCorp is the entrepreneurial arm of Greater Louisville Inc.– the region’s leading economic development organization and the Louisville Regional Office for the Kentucky Innovation Network (KIN). GLI’s EnterpriseCorp is dedicated to building a vibrant entrepreneurial ecosystem and culture for early stage and fast growth companies. For more information, visit EnterpriseCorp.com.