Latest Stories

KC Black Owned’s fall summit returns this weekend with corporate backing, tools for Black entrepreneurs

By Tommy Felts / September 18, 2024

A summit planned for Saturday at the Kansas City Convention Center aims to inspire Black business owners and equip them with the resources, strategies, and connections needed to thrive in today’s competitive marketplace.  The Global Strategies Summit for Market Innovators — organized by KC Black Owned — is deeply rooted in its founder’s drive to…

This Midtown pizza shop sliced through challenges, topping years of popup work with grand opening

By Tommy Felts / September 18, 2024

Orange By: Devoured — the flagship pizza shop from Jhy Coulter — is finally ready for the public, she said, after enduring years of pop-ups to keep the dream alive, renovations, and the closure of business lending platform Mainvest that took founders by surprise.  “I am tired — I’m exhausted,” Coulter said with a laugh,…

Exited founders: Face the tough conversations first; avoid a messy post-honeymoon breakup

By Tommy Felts / September 17, 2024

Preparing for an exit begins with co-founder alignment at the startup’s launch, three veteran Kansas City founders agreed. “You are getting married to your founders,” explained Tony Caudill, who co-founded two tech startups with his best friend — including aware3, which was acquired in 2018 by Nelnet. “Just like when you find your mate of…

Hy-Vee’s small biz competition sends Midwest entrepreneurs racing for $50K checkout; Here are the winners

By Tommy Felts / September 13, 2024

BaKIT Box, a Chicago-based subscription service offering baking kits inspired by diverse global cuisines, took home the $30,000 grand prize at the 2024 Hy-Vee OpportUNITY Inclusive Business Summit.  Shelley Gupta, the founder and CEO of BaKIT Box, was thrilled to receive the grand prize, she said. “It feels incredible,” Gupta said. “I flew here last…

How city dollars could help crime victims get back to business; Mayor unveils new fund to support struggling entrepreneurs 

By Tommy Felts / September 13, 2024

A newly introduced fund aimed at helping KCMO small businesses recover from and prevent property crimes — offering grants up to $3,000 for damage repairs and $5,000 for security upgrades — is a step in the right direction, said Joe Giammanco, whose pizza shop was recently hit by criminals. “Programs like this are going to…

KC pet tech startup fetches $120K Techstars investment, taking founder’s pitch to Atlanta

By Tommy Felts / September 12, 2024

As Kansas City-built Interplay prepares to bring its debut product to market, the pet tech startup is getting a jolt of new energy from one of the nation’s top accelerator programs. The timing couldn’t be better, said founder Jonaie Johnson, announcing Interplay’s acceptance into Techstars Atlanta & New Orleans Powered by J.P. Morgan, which welcomed…

Swifts endorsement: KC couple opens Cadillac of Cajun restaurants along streetcar line

By Tommy Felts / September 11, 2024

Richard and Sheila Swift started small: selling their Cajun cuisine out of an existing bar and grill in Kansas City, Kansas, in late 2022. Within a few months they had a loyal following.  Still, they wanted their own operation. So they paused and spent a month planning their next step. They formed an LLC, splurged…

KC founder’s hip hop edtech app for children, families earns earns $50K in 5G innovation competition

By Tommy Felts / September 11, 2024

A grants program focused on boosting social entrepreneurs — traditionally underfunded women and persons of color — who are using 5G wireless innovation to address pressing community challenges this week awarded a $50,000 prize to Kansas City startup Healthy Hip Hop for its work on child literacy. Catalyst — a competitive grants initiative by the Washington,…

Aussie tech company with KC HQ closes $112M round to scale its global expansion, AI innovation

By Tommy Felts / September 11, 2024

As global technology company SafetyCulture closes another massive funding round, Kansas City — its largest market and biggest opportunity — stands primed for continued investment at the firm’s U.S. headquarters in the Crossroads Arts District. SafetyCulture on Tuesday announced a $112 million round — which values the Sydney, Australia-based workforce operations company at $1.7 billion —…

K-State 105 entrepreneurship project advances economic growth in Douglas County

By Tommy Felts / September 10, 2024

Editor’s note: The following story was originally published by K-State News. MANHATTAN, Kansas — A K-State 105 project is boosting economic growth in Douglas County by building an entrepreneurship ecosystem. Project organizers say the effort The network of aspiring entrepreneurs and established businesses could add 1,300 technology and 300 non-tech, high-paying jobs to Douglas County…

How a military mom’s hobby blossomed into a flower business in rural NW Missouri

By Tommy Felts / September 10, 2024

Editor’s note: The following story was produced through a paid partnership with MOSourceLink, which boasts a mission to help entrepreneurs and small businesses across the state of Missouri grow and succeed by providing free, easy access to the help they need — when they need it. ROCK PORT, Missouri — Mandy Herron turned two acres…

Tough Chiefs loss propels Kansas City artist to launch winning business

By Tommy Felts / September 10, 2024

Editor’s note: The following story was originally published by AltCap, an ally to underestimated entrepreneurs that offers financing to businesses and communities that traditional lenders do not serve. The Kansas City Chiefs came up one win short of entering the Super Bowl when they lost by a field goal to the Cincinnati Bengals in January…

Six cap table management tips

By Tommy Felts / September 9, 2024

Editor’s note: The perspectives expressed in this commentary are the author’s alone. The following is a paid thought leadership piece from Chris Schumm, McQueary Schumm Munsell Group at Morgan Stanley in Leawood, Kansas. Cap table management can be more complex than it seems; Discover six ways to improve the accuracy of your cap table As the…

Candidates: Unchecked property crime against businesses driven by prosecutor’s failure to hold offenders accountable

By Tommy Felts / September 6, 2024

Melesa Johnson, Tracey Chappell share their solutions for combatting recent uptick in break-ins at Kansas City businesses Editor’s note: Jackson County Prosecutor Jean Peters Baker is not seeking re-election, so it’s an open race for her countywide seat. Democrat Melesa Johnson and Republican Tracey Chappell are running in the 2024 general election with a vote…

A simple sauce passed down six generations is headed to your table; Lenexa man says that’s his family’s great legacy

By Tommy Felts / September 6, 2024

Jack Williams’ dream of seeing his great-grandmother’s picture in every grocery store across the country is one step closer to reality as the Lenexa entrepreneur’s jars of Grandma Morrelli’s pasta sauce — emblazoned with her photo — hit Kansas City shelves.  “I’m trying to honor her and family traditions,” he said, describing how the venture…