Digital Sandbox KC secures $450K to support startups’ prototyping, proof-of-concept needs
As Digital Sandbox KC marks its 10th year in 2024, the popular funding program — and a key marker of emerging success for young tech startups in Kansas City — has earned a new round of financial backing from the State of Missouri. Spread over three years, a $450,000 MOBEC (Missouri Building Entrepreneurial Capacity) project grant…
Read MoreMayor: ‘KC is on fire’ (and the city needs to keep turning up the heat); Lucas urges investment ahead of World Cup, major events
Kansas City, Missouri, is its strongest fiscal position ever, said Mayor Quinton Lucas, emphasizing the city’s potential to capitalize on that economic stability — coupled with headline-grabbing national attention thanks to the Chiefs — to tackle a range of concerns facing entrepreneurs and workers. Opportunities for investment, growth, redevelopment and crime prevention for small businesses are…
Read MoreLooking for the right exit? Driven founders first must know their startup’s destination
Setting an exit goal early is crucial when founding a startup, shared Robert Zhou, a Kansas City serial entrepreneur-turned-angel investor. “Every startup I mentor, I ask the founder this from Day 1: ‘What’s your goal?’” he explained. “‘Are you trying to build a business that you ultimately sell for $10 million? Is it $1 million?…
Read MoreDigital Health KC awarded $311K grant with goal to add 70+ jobs, $6M+ in wages across region
Newly announced funding from the Missouri Technology Corporation is expected to boost a regional initiative that aims to open greater access to critical capital and partnerships for Kansas City area companies in a rapidly emerging industry. BioNexus KC — a catalyst for innovation in animal and human health — has received a $311,000 MOBEC (Missouri…
Read MoreMTC grant puts ‘cherry on top’ for KC startup closing its seed round; two more local companies earn MO funding
A trio of Kansas City tech startups are among seven Missouri companies splitting $2.2 million in equity-based investments from the State of Missouri — a funding milestone that not only reflects momentum, but amplifies it, one grant-winning founder said. The Missouri Technology Corporation on Tuesday announced the awards from its IDEA Fund, with investments slated for…
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