Time is running out for LOU start-ups to get a leg-up.
The Community Foundation of Louisville is accepting nominations for the Vogt Invention and Innovation Award, which will be awarded to six local start-ups. Each one will receive $25,000 and a 10-week program offering coaching, mentorship, and other opportunities.
This program was established in 1999 by Henry Vogt Heuser Sr. and has distributed 108 grants totaling almost $4 million.
Businesses must meet a handful of requirements to be eligible:
- Must be headquartered in the 13-county Louisville metro area
- Must be developing a new idea or invention that creates customer demand
- Have received less than $250,000 per year in customer revenue
- Have at least one founder who is working in the business at least part time
This year, Maggie Harlow is the Vogt Awards selection committee chair. In case you haven’t heard, that’s Jack Harlow’s mom.
Applications for the grants close on Tuesday, May 28.