Latest Stories
Missouri governor signs bill to end KC ‘border war,’ awaits Kansas response
Missouri Gov. Mike Parson signed a bill Tuesday placing restrictions on tax incentives offered to businesses moving from certain counties in Kansas to Missouri. The bill represents a step toward ending the economic development “border war” between the two states. “This is really about being competitive with real competitors,” said Parson, who was in Kansas…
Wave’s $405M acquisition a move toward ‘bigger, bolder, faster’ H&R Block, CEO says
The $405 million acquisition of Wave Financial wasn’t about H&R Block’s image — it was a move to join like-minded companies in the trenches of innovation, no matter the weight either surging business holds, said Jeff Jones. “We knew strategically that industry makes Wave a fit with H&R Block, and then it was a matter…
Venture for America fellows bringing diversity of thought to KC tech, investment firms
Venture for America fellows are flocking to Kansas City, said Kate Loar. “Venture For America’s initial Kansas City champions: the Ewing Marion Kauffman Foundation, Pepper, KCRise Fund, and Super Dispatch set the groundwork for growth in KC,” noted Loar, VFA director in St. Louis and Kansas City. “We’re excited to expand the local VFA cohort…
Into the weeds: Your corner CBD store might’ve just lost its bank thanks to a slow-to-innovate industry
Banking as a mom-and-pop CBD shop can be treacherous, said Kyle Steppe. “Our first week in business, our bank shut us down and liquidated all of our assets,” said Steppe, who operates KC Hemp Co. with his wife, Heather. Their downtown Overland Park storefront is one of many independent, regional CBD sites suffering from the…
Crowdfunding sites won’t pay your medical bills, Sickweather CEO says, launching reciprocating donation platform
Crowdfunding can help, but such tactics are unlikely to cover the medical bills of a person struggling with mounting healthcare costs, Graham Dodge said. “The unrealistic amount of self promotion needed to reach people outside your own personal network — which can happen if the media picks up on your story — is the main…
$50K inclusion grant to KCMO a step toward ‘most entrepreneurial city’ for everyone
Kansas City, Missouri, pocketed a major win for the entrepreneurial community Wednesday, becoming one of 10 cities in the nation to be selected for the City Accelerator initiative for inclusive contract procurement. The city will receive a $50,000 grant by the Citi Foundations and Living Cities to increase the opportunities for firms owned by people…
Startup, investor, corporate worlds collide; Ron LeMay’s message for KC: Sit down and talk
Ron LeMay wasn’t willing to watch entrepreneurs flee Kansas City to build their game-changing companies on the coasts, he recalled. “That’s a prescription for disaster over time,” LeMay, CEO of Main Street Data and managing director of Open Air Equity Partners, said of the way he viewed entrepreneurial progress in the City of Fountains as…
Nuts and bolts: Lenexa-forged Enduralock tech catches the eye of NASA, Shell
A Lenexa-based startup is gathering accolades faster than a SpaceX rocket’s methane-fueled full flow staged combustion cycle. “Investors definitely see something unique that is brewing here in Kansas City, so we are excited to represent the area,” said Diana Greenberg, COO and co-founder of Enduralock. Founded in 2014, Enduralock is one of 10 finalist tech…
LEANLAB earns another top-tier funder with $76K+ grant from Bill & Melinda Gates Foundation
A hefty new grant from the Bill & Melinda Gates Foundation will allow LEANLAB Education to expand its incoming 2019 K12 Fellowship from six to 10 innovation teams, Katie Boody said. The $76,500 in funding also allows the education accelerator to grow beyond pilot sites to form the Visionary School Network and award honorariums to…
Competitive scoring for medical marijuana licenses pit startups against time as window narrows
Missouri entrepreneurs hoping to roll into the multi-million dollar medical marijuana industry first must jump a number of hurdles. Step one: Obtaining a license. “Missouri is very competitive,” said Dre Taylor, founder of Nile Valley Aquaponics. “So you know, if you’re trying to win the application, you need to have your ducks in a row.”…
