IKOTECH receives prestigious Vogt Award
April 24, 2012
Today it was announced that IKOTECH was chosen by EnterpriseCorp. and The Community Foundation of Louisville to receive the prestigious Vogt Invention and Innovation Award. Click here to see the press release on Business First.
The Vogt Award is a program of the Community Foundation of Louisville and EnterpriseCorp, the enterprise development arm of Greater Louisville Inc. that cultivates Louisville’s entrepreneurial vitality. It is intended to recognize excellence in product innovation and inspire inventors to see their ideas reach full potential.
Click "Read Full Article" to view the full press release.
Louisville, KY (4/24/2012) – EnterpriseCorp, the enterprise development arm of Greater Louisville Inc., and The Community Foundation of Louisville announced the 2012 Vogt award recipients today in a press conference at the Henry Vogt Building of the J.B. Speed School of Engineering.
Intended to recognize excellence in product innovation and inspire inventors to see their ideas reach full potential, the Vogt Awards provide up to $250,000 annually in grants.
Recipients are selected by a 12-person committee, chaired by Ty Adams, Managing Director of Adams: Kinkade Design, LLC, based upon their concept’s merits of innovation, technical excellence, strategic business planning, competitive positioning, potential market value, time to market, and anticipated social/economic benefits for the Greater Louisville area.
From a record number of 81 applicants, this year’s winners are:
Ikotech – a company leading the bio-technology business world, specializing in novel, high-speed magnetic cell sorting systems for use in life science applications. For more information, visit www.ikotech.com
Mobile MedTek -- a company focused on the mobilization of medical technologies, with a goal to change the way medical testing is performed in the future. Products and services are customized to each client's specifications allowing the client to be more productive and thus more profitable. For more information, visit www.mobilemedtek.com
Ucloser – a company providing a unique set of solutions for the real estate industry, with a powerful, business-oriented software platform and management services for real estate brokerage and all processes necessary for closing the deal. For more information, visit www.ucloser.com
Since its inception in 2001, the Vogt Awards have invested more than $1.9 million in awards to 27 early stage companies. The infusion of cash into innovative concepts aids winners aids winners in the commercialization of new companies and fuels the regional economy.
The award is made possible by an endowment from Henry Vogt Heuser Sr., former president of Henry Vogt Machine Company. The award memorializes the Vogt entrepreneurial tradition by providing engineers, scientists and entrepreneurs with grant money to fund the product development and commercialization of their ideas.
Henry Vogt Heuser Sr.
Henry Vogt Heuser Sr. (1914-1999), corporate leader and philanthropist, was a native of Louisville, Kentucky. He received a degree in mechanical engineering from Purdue University in 1936 and spent his entire career at the Henry Vogt Machine Company, where he served as president for 28 years. His passion for ideas led to the creation of an endowment that would provide a critical infusion of cash for innovators and entrepreneurs.
About The Community Foundation of Louisville
The Community Foundation of Louisville is a 501c (3) public charity that exists to enable any individual, family, business or organization to have a lasting impact in their community. CFL helps diverse donors support all areas of need by being a resource on all types of charitable gifts and giving vehicles, steward of over 1,100 charitable funds built by many donors, partner with professional advisors to meet their clients’ needs and leader that brings others together to create positive change. For more information about The Community Foundation, please visit www.CFLouisville.org.
EnterpriseCorp is a division of Greater Louisville Inc. specializing in the development of the region's fast-growth entrepreneurial sector. EnterpriseCorp has helped 60 clients secure over $65 Million in financing, and six clients have experienced $150 Million of liquidity. The division is currently serving a portfolio of over 200 clients with high potential for growth. For more information on EnterpriseCorp, please visit www.EnterpriseCorp.com.