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Tuesday, January 17, 2012

NEWS ROUND-UP -- TUESDAY MORNING 17 JAN

by Michael Monks 
NEW ADDRESS: Email Michael
Find us on Facebook: The River City News @ Facebook
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NEW BUSINESS ACCELERATOR TO BE UNVEILED TODAY
Imagine starting up a tech company and getting $100,000 in seed money and 6 months of training right here in NKY. That is what UpTech intends to offer beginning in May. The project will be unveiled this morning at NKU:
“This is one of the most important moments in Northern Kentucky’s history,” said Adam Caswell, president of the Campbell County Economic Progress Authority and an UpTech co-founder. Leveraging a $5 million investment fund, UpTech will nurture 50 tech start-ups in the region over the next three to five years. The startups will be selected by national technology experts from companies like Cisco, Summus Software, Procter & Gamble, Dell, Scripps Howard and CBS Studios. Each startup will receive up to $100,000 in seed money and hands-on mentoring from a team of local companies picked to fit their specific needs. The start-ups will come in waves of 10 at a time beginning May 1 for an intensive six-month program.
Click the link to read the rest of the article which fully explains what to expect out of this new business development project.
Cincinnati Enquirer/Amanda Van Benschoten  
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FROM UPTECH IDEAS FACEBOOK FAN PAGE:
UpTech is a non-profit corporation affiliated with the Northern Kentucky University and several economic development agencies in the Greater Cincinnati and Northern Kentucky area. Our goal is to attract entrepreneurs from all over the United States and the world who have a Big Idea. UpTech and its partners will help companies and entrepreneurs nurture and grow their Big Ideas, while at the same time allowing them take root in our community.
Entrepreneurs will quickly come to understand that the talent base, financial support, urban ambiance, and reasonable cost of living found in the Northern Kentucky and Greater Cincinnati area make it a good place to start and grow a business.
UpTech also is a business – a business that makes substantial equity investments in innovative ideas with serious business models. We look for ideas and business teams that can take full advantage of the applied research capabilities of a major university to help achieve their vision. Our partnership with the College of Informatics at Northern Kentucky University is unique. No other national or international business acceleration program provides the ability to combine research with private-sector expertise to develop intellectual property ideas.
"Like" UpTech on Facebook by clicking here. 
"Follow" on Twitter by clicking here
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STUDY: CASINOS IN KY WOULD BRING IN $1.7 BILLION IN FIRST YEAR
A study from the Kentucky Chamber of Commerce boasts of some serious cash flow for the state:
That would include $464.7 million in gaming tax revenue, $164.6 million of which would go to racing-industry programs, according to the Kentucky Gaming Market Analysis and Impacts Report, which was paid for by racing-industry interests. Eight casinos also would create nearly 11,000 full-time jobs with a payroll of $289.3 million, the study found.
(snip)
Kentuckians spent $451 million at casinos in surrounding states in 2010, the report says.
Herald-Leader/Karla Ward 
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STUDY: A CASINO AT TURFWAY PARK would create nearly 700 jobs at the track and over $78 million in gross revenue. Read study.

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in case you missed...
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COVINGTON MLK MARCH
Lots of photos from the march that went from the old Jillian's to The Carnegie.
The River City News 
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MONDAY AFTERNOON NEWS

What are your favorite Covington businesses? Vote for them in the Best of NKY poll; Is it time to legalize marijuana in KY?; The poor Louisville Cardinals are now ranked #3 -- in the state! Those stories and more at the link!
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MONDAY MORNING NEWS
How far from The Dream are we?; Kentucky still in the hunt for an NBA team; Humor: Covington has been used a couple times as a dateline in The Onion. Check out those stories and more at the link!
The River City News 
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ANOTHER HIGH RISE FOR CINCINNATI'S RIVERFRONT?
Seems to be a possibility if the City and County can stop squabbling and decide what to do with the expansion of dunnhumby:
County officials want the consumer research and insights firm at The Banks, a move officials say will help spur more development at the riverfront community.
But city officials have offered a site at the corner of Fifth and Race streets, a prime slice of city-owned real estate long eyed for redevelopment.
The entire article is a very interesting read about intergovernmental relations across the bridge, about a successful business, and riverfront development.
Cincinnati Enquirer/Sharon Coolidge & Lisa Bernard-Kuhn  
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NEW COVINGTON OFFICER GRADUATES FROM ACADEMY

One of the twenty-four officers that graduated from the KY Dept of Criminal Justice Training at EKU will be wearing the uniform for Covington. Congratulations to David B. Uhles. 
(press release)
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ANIMAL KINGDOM WINS ECLIPSE AWARD FOR 3-YEAR OLD MALE HORSE
The surprise 2011 Kentucky Derby winner who started his run for the roses at Turfway Park landed another prestigious honor:
Owned and bred by Team Valor and trained by Graham Motion, Animal Kingdom was not even considered his owner’s main Derby hopeful in late March when he was entered in the non-graded Rushaway Stakes at Turfway, while Crimson China went in the rich Vinery Racing Spiral Stakes (gr. III) on the same card. But when Crimson China failed to make the starting field due to lack of earnings, their roles were reversed, with Animal Kingdom having earned slightly more money.
Congratulations Animal Kingdom!
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SEE ALSO: For the the third straight year, a filly takes home the big prize of Horse of the Year. Herald-Leader 
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SEE ALSO: Equine survey planned for Kentucky The Horse 
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NKU WOMEN'S BASKETBALL SCORES 800TH ALL-TIME VICTORY
How about those Lady Norse? 
Northern Kentucky University claimed its 800th all-time win in women's basketball Monday night with a 72-65 victory over Bellarmine in Knights Hall. It marked the 51st time the Norse have beaten Bellarmine. NKU holds a 51-27 lead in the all-time series against the Knights. The Norse are now 800-303 all-time in women's basketball.
NKU Norse 
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The men came up short last night at Bellarmine, losing their second straight game after a 13-0 start.
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SEE ALSO: #2 UK hosts Arkansas at Rupp tonight. Star freshman Anthony Davis is the SEC Freshman of the Week. WKYT 
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WIKIPEDIA WILL BLACK OUT FOR 24 HOURS STARTING AT MIDNIGHT
Now where am I supposed to get all my facts from?
The service will be the highest profile name to join a growing campaign starting at midnight Eastern Time on Wednesday that will see it black out its page so that visitors will only see information about the controversial Stop Online Piracy Act (SOPA) and the Protect Intellectual Property Act (PIPA).
The information will urge Wikipedia readers to contact their local congressman to vote against the bills.
Chicago Tribune  
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BURGER KING TO START DELIVERING?

Gross:
Burger King, the No. 2 burger chain, has quietly begun testing home delivery of its burgers, fries and other sandwiches since fall at four of its restaurants in the greater Washington, D.C., area, with an eye on expanding beyond that.
(snip)
But what about those soggy fries and limp burgers that folks fear go hand-in-hand with home delivery? Well, Burger King has developed a "proprietary thermal packaging technology," says Jonathan Fitzpatrick, chief brand and operations officer for Burger King, "which ensures the Whopper is delivered hot and fresh, and the french fries are delivered hot and crispy."
There's a $2 delivery fee. And depending on the store (three in Maryland and one in Virginia), minimum orders vary from $8 to $10.
USA Today  
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IT'S TIME TO VOTE FOR THE BEST OF NORTHERN KENTUCKY
What's your favorite restaurant? Shop? Bar? My vote for men's fashion would definitely go to the new Covington business, flow. Click the link to vote and let's make sure some of our good Covington businesses are represented!
NKY Magazine 

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