Tech Jobs in Kentucky Get Funding

Two companies will soon create several new tech jobs in Kentucky.

The Kentucky Economic Development Finance Authority recently awarded state funding to two high-tech companies - Louisville Bioscience, Inc. and Laboratory and BioDiagnostics, LLC - in order to create a combined 36 jobs with average salaries of more than $64,000 per year.

Laboratory and BioDiagnostics, or LabDx, will receive $250,000 in the form of a forgivable loan to help purchase equipment and outfit the company's laboratory. According to an article by Manufacturing & Technology eJournal, the company expects to create at least 18 full-time, high-tech and technical support jobs in Kentucky by the end of next year.