Innovators, rejoice! Opportunities to start and grow a successful business are good – and getting even better – in Northern Kentucky.
The area’s flourishing entrepreneurial ecosystem is not only encouraging individuals to turn their ideas into thriving business ventures, but employees of area companies are also venturing out to launch their own businesses. For those who take the leap, the area has numerous resources in place to help them succeed, including small-business incentives, incubators and accelerators, loan programs and Northern Kentucky’s low cost of doing business.
Nick Dokich is an innovator who caught the entrepreneurial bug at the early age of 12, selling energy drinks from his backpack. His latest success story came in mid-2018 when he founded Ulimi, a software tech firm in Covington that specializes in artificial intelligence to help employees and bosses converse quickly and easily in the workplace.
“Ulimi means language in Zulu, and this technology helps companies free up their time through voice messaging, rather than texting,” Dokich says. “The way people interact these days with the internet is more of a conversational thing, which is what the Ulimi software is all about.”
Dokich believes Northern Kentucky has the potential to become a leader in entrepreneurial endeavors, pointing out that his company is already integrating high-tech platforms like Chatbox, Google Digital Skills and Alexa Skills.
“I want Covington and all of Northern Kentucky to become a tech giant,” he says. “I don’t just want this region to be the next Silicon Valley or Austin. I want this area to eventually be known as ‘Covington’ by itself for all its technological breakthroughs and accomplishments.”