Testing startup earns $20M loan to invest in expansion
In 2020, Gravity Diagnostics went from testing 20 COVID-19 samples a day to more than 20,000.
In 2020, Gravity Diagnostics went from testing 20 COVID-19 samples a day to more than 20,000.
Twenty-seven companies either expanded or relocated to Northern Kentucky in 2020, exceeding the goal of Northern Kentucky Tri-ED, the primary economic development organization for Boone, Kenton, and Campbell counties.
The new office space will be home to about 100 employees initially, and the company says it has plans to double that over time.
DAV expects to move about 175 employees into a new headquarters under construction in Erlanger by the summer of 2021.
The project will consolidate the company's operations from three facilities in Boone and Kenton counties.
As heartbreaking as the COVID-19 pandemic has been, the virus brought about an innovation in health care that might not have occurred otherwise.
The event was a competition for women business founders who have completed Aviatra Acclerators' nine-week entrepreneurship program.
The company has closed nearly $48 million for a $50 million fund for underrepresented groups seeking investment money.
Despite restaurant, movie theater, salon, and retail shop closings last spring, the city of Florence has kept its focus on long-term and big-ticket economic development, with the most promising being Churchill Downs’ commitment to renovate Turfway Park.
SoCap based its selections on the strength of the team, product readiness, and willingness to buy into the region, among other factors.
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