Kentucky’s High-Tech Investment Pool has awarded a total of $969,000 in funding to two young Kentucky companies to help further advanced technology projects.
The projects being pursued by 3DR Laboratories LLC of Louisville and dbaDirect Inc. of Florence will create a total of 39 full-time, high-tech jobs.
3DR is a radiology information technology service company that provides diagnostic imaging facilities with the ability to outsource their 3D image processing. 3DR is being awarded up to $500,000 to purchase IT infrastructure necessary for the company to perform 3D image processing. The company, which is currently a client of the Louisville Innovation and Commercialization Center, employs a staff of four and anticipates creating at least 20 more jobs with average annual salaries of $62,000 by the end of 2010.
dbaDirect is an information technology managed services provider that presently employs 83 people. The company manages more than 100 corporate database environments throughout the nation, including financial services companies, hospitals, national retail chains and manufacturing and service firms. A client of the Northern Kentucky Innovation and Commercialization Center, dbaDirect has been awarded up to $469,000 in funding, which will be used to enhance the company’s technology infrastructure. The company anticipates adding a minimum of 19 positions with an average annual salary of $75,000 by the end of 2010.