TiER1 Performance Solutions has just landed $99,982 in SBIR-STTR matching funds from the Kentucky Cabinet for Economic Development (KCED).
The Covington-based technology firm will apply the funds to R&D for "Accelerated Learning through Serious Game Technology," a project for the Department of Defense.
TiER1 is conducting this program with guidance from the Northern Kentucky ezone, of Northern Kentucky Tri-ED, and the KCED's Department of Commercialization and Innovation (DCI).
This collaboration is another win for Northern Kentucky (NKY) and once again affirms TiER1's position as a leading voice in technological innovation.
"TiER1 is an innovative company with a unique and proven online training and learning solution," says DCI Commissioner Deborah Clayton. "We are pleased to partner with the ezone in providing SBIR-STTR matching funds to a Northern Kentucky-based technology company."
This type of cooperation is well established in NKY. Since opening its doors in 2002, TiER1 has helped numerous commercial, non-profit and government organizations set up an array of affordable and effective learning and knowledge management solutions.
Its efforts gained significant attention in 2008 when Inc. 5000 named TiER1 one of the nation's fastest growing companies for the second year in a row. Another recent accolade for TiER1 includes being named 2009 small tech business of the year by ConnectKentucky.
TiER1's leadership credits the strong base of local supporting organizations and advocates for much of its success.
"TiER1 has received tremendous support from the Northern Kentucky ezone, where our company started in 2002,” says Kevin Moore, TiER1's Founding Partner and Chief Learning
Officer. “Northern Kentucky is fostering high-technology companies in the ezone and the Commonwealth is supporting this important industry with funding through the Kentucky Science and Technology Corporation.”
This funding is available to all innovative firms in the NKY area.
"The ezone supports high-tech companies in Northern Kentucky," says Casey Barach, Vice President, Entrepreneurship, Northern Kentucky Tri-County Economic Development Corporation. "At a time when small, high-tech companies may be having difficulty obtaining funding, the ezone can assist them in accessing grants and funding from Kentucky."
To learn more about funding for Spring 2009, for which the deadline is May 7, visit here.
Writer: Jonathan DeHart
Source: Cheryl Besl
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