Funding Stories

Beyond borders: Federal grant equips KC to build regional $5M seed fund

Pushing aside the Kansas-Missouri “border war,” a bi-state effort has earned a federal grant that will help create a $5 million fund for startups, which could begin investing as early as 2018. The Enterprise Center in Johnson County announced Monday it secured a $150,000 Economic Development Administration Seed Fund Support grant. The grant — which…

Digital Sandbox adds two startups to Independence program

Digital Sandbox KC announced Tuesday that it selected Drones4Hire and Hidden Abilities for its Independence, Missouri program. In addition to up to $20,000 in project development funds via Digital Sandbox, the program gives the startups access to workspace at WerksLab and business support via the Ennovation Center, a business incubator located in Independence. Drones4Hire’s platform…

John Fein

Eyeing Midwest startups, Firebrand Ventures adds to advisory board

A Kansas City-based venture fund announced the addition of another distinguished advisory board member. Joining the team alongside Techstars CEO David Cohen, Kansas Citian Keith Harrington, who’s the managing director for Novel Growth Partners, and Brian McClendon, former Uber vice president of maps, Tom Ball is expected to bring his Austin-based investor experience to  Firebrand Ventures. …

Heather Spalding and Joel Teply, co-founders of Cambrian

LaunchKC $100K winner Cambrian Tech taking simple idea to new reality

After winning LaunchKC’s grand prize — $100,000 — Cambrian Tech has its virtual eyes on another prize: total interior home transformation. “The goal is to open your phone, walk around and visualize any project you may consider doing,” co-founder Joel Teply said. “From walls, countertops, backsplashes, flooring, cabinetry, appliances, hardware and landscaping.” DIY tech presents…

Innovation Stockyard selects first St. Joe startup for Digital Sandbox

A curbside recycling service is expected to be the first startup to receive Digital Sandbox KC proof-of-concept funding through the Innovation Stockyard incubator. Toss it Curbside, a service with which customers place unwanted items on their curbs to be recycled or donated, plans to use the funds and the St. Joseph-based incubator program to optimize…