Corporate Stories
Report: KC tech industry brings in $12B, attracts Hyperloop, but city still struggling to fill talent pool
Despite facing a shortage of skilled talent, the tech industry in Kansas City contributed roughly $12 billion — or about 10 percent — to the local economy in 2018, according to an annual report released by the KC Tech Council, a nonprofit that aims to spur tech growth in the city. Nearly one in 10…
Is KC getting lapped? Kansas City scores No. 13 among Top 25 Midwestern cities in M25 ranking
Kansas City is maintaining a spot firmly in the middle of the pack among the top 25 Midwestern startup cities — in large part thanks to a $100-plus million growth equity investment in PayIt earlier this year, according to a new ranking by M25. The mega-round for Kansas City’s leading GovTech startup kept the City…
H&R Block’s $2M investment in KCRise Fund: Corporate engagement can’t stop with one check, CEO says
Entrepreneurial energy surrounding such startups as Bungii and PayIt made a $2 million investment in the KCRise Fund an easy choice for Jeff Jones and his team at H&R Block, the high-profile CEO said. “When we think about the different pillars of how we want to give back to the community, taking a stake in…
New in KC: FinTech founder finds more than flyover fountains amid high-profile KC accelerator
Editor’s note: New in KC is an ongoing profile series that highlights newly relocated members of the Kansas City startup community, their reasons for a change of scenery, and what’ they’ve found so far in KC. Click here to read more New in KC profiles. Tim Yu hadn’t given Kansas City much thought — then…
Downtown innovation district: Developers envision 30-story Lightwell project as its own startup hub
It’s possible the Lightwell building’s exterior hasn’t been cleaned since 1977, joked Tim Schaffer as he walked a vine-wrapped rooftop terrace that overlooks downtown Kansas City. “It was totally unintentional, the way it came together,” Schaffer, president of AREA Real Estate Advisors, said of the multi-million-dollar office redevelopment project that’s quickly evolved into what Schaffer…
