ED  Kentucky Highlands Investment Corporation


     Office Locations:

P.O. Box 1738
362 Old Whitley Road
London, KY 40743
Phone: 606-864-5175
Fax: 606-864-5194



  • Seed



  • Information Technology



    KHIC was formed in 1968 to stimulate growth and create employment opportunities in a nine-county region of Southeastern Kentucky. In 2003, KHIC expanded the service area to 22 counties. The firm's mission is to retain employment opportunities in Southeastern Kentucky through sound investments and management assistance. Since its inception, KHIC has helped 220 businesses finance $178 million and create more than 9,900 jobs. KHIC makes equity investments and assists businesses in developing financing packages as small as $500 to investments up to $10,000,000. In addition to equity investments, KHIC also offers loan programs, management assistance, industrial development assistance, and The KHIC Energy Boot Camp, an intensive, performance-based Entrepreneurial training and mentoring program. KHIC's Business Innovation & Growth Center, the first LEED-certified business accelerator in the state, includes 9,600 square feet of product development, office and laboratory space for area entrepreneurs. The Center is expected to assist 16 businesses, help create 127 new jobs and generate $6 million in private investment during the first five years.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Brenda McDaniel President and CFO
    Jerry Rickett President and Chief Executive Officer
    L. Ray Moncrieff President and COO
    Mark Boilinger Vice President of Business Lending


    Portfolio companies include:

      Awesome Labs
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      B2 Solutions
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      East Kentucky Biodiesel
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      Monumental Builders
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      Old Kentucky Logs of Corbin
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      TimeScape Consulting
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      UltraTrace Detection
        web link


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