Home » Bluegrass Ag Tech Development Corp. focuses on making KY the ag tech capital of United States

Bluegrass Ag Tech Development Corp. focuses on making KY the ag tech capital of United States

FRANKFORT, Ky. — Building upon Kentucky’s signature agriculture, food, and beverage industries, a new entity has been formed to cultivate an innovation ecosystem for entrepreneurs and startups in the agri-food sector.

The Bluegrass Ag Tech Development Corp.’s board of directors includes representatives of the Kentucky Department of Agriculture, City of Lexington, University of Kentucky, and Alltech.

Commissioner Quarles cited Kentucky’s world dominance in the horse industry, expanding bourbon production, genetic progress in poultry, and sustainability advancements in no-till farming as selling points for attracting agribusinesses. Kentucky offers traditional business incentives from the state, along with agriculture resources such as funding, networking, and marketing support for startups.

Lexington Mayor Linda Gorton sees an opportunity to make the Lexington and Fayette County area a thriving Ag Tech center. Mayor Gorton announced her proposed budget

includes $1 million to kickstart the Bluegrass Ag Tech Development Corporation.

University of Kentucky College of Agriculture, Food and Environment Dean Nancy Cox said this effort is a complement to the college’s education, research, and outreach missions.

Alltech is one of the world’s top five animal health and nutrition companies, headquartered in Central Kentucky since 1980. Alltech’s leadership sees myriad opportunities for Kentucky to grow as a global leader in agrifood innovation.

As a next step, the board will begin to search for an executive director.