Governor awards grant to EntrePaducah client

(Pictured: Jason Cross, Genesis Health Technologies VP of National Sales, displays the company's G-Force Mobile Glucose Monitor. Kentucky Governor Steve Beshear awarded Genesis a $30,000 matching grant Tuesday to further develop their products.)

Paducah-based Genesis Health Technologies’ products make life easier for diabetics. A state grant announced today in Paducah makes it easier for Genesis to bring their products to market.
Governor Steve Beshear announced an award of $30,000 for Genesis to use for further development of its “G-Drive” blood glucose meter communication device. EntrePaducah® worked with Genesis to submit a grant application to the Rural Innovation Fund managed by the Kentucky Science and Technology Corporation in partnership with the Kentucky Council for Postsecondary Education and was notified of their award in early February. The Rural Innovation Fund, part of the Kentucky Enterprise Fund Program, provides grant and investment capital to seed-stage startup companies throughout Rural Kentucky.
Genesis Health Technologies, LLC developed a new method for diabetes patients to read and keep track of their blood glucose level. Its “G-Drive” device plugs into a cell phone and uploads the readings to a customized web portal that keeps track of the person’s history. The device allows patients to keep track of their glucose readings through the internet or text their readings to a doctor or parent. The mobile device no longer restricts patients to the traditional method of keeping journals.
“EntrePaducah’s mission is to support companies like Genesis. High-tech companies traditionally produce stable, professionally–compensated jobs in a community. We’re proud we could help them continue their efforts in Paducah,” EntrePaducah Board Chairman Phil McIntosh said.
Nathan G. Cross, Chief Financial Officer of Genesis Health Technologies, added, “We are very excited to be one of the few companies awarded this money, and we know that it will help our goal to ease the frustration diabetes patients suffer every day. We also appreciate EntrePaducah’s efforts in the community. Without their help, we may not have received or known about the grant program.”
EntrePaducah is Paducah-McCracken County’s central source for small business development and support. Its strategic and financial partners are the City of Paducah, McCracken Fiscal Court, GPEDC and Paducah Area Chamber of Commerce. The agency’s website is www.entrepaducah.com