SSBCI
Missouri releases $33M+ in federal funds to MTC to support startups, small businesses
A second tranche of federal funding allotted through the Biden-era American Rescue Plan Act is expected to help economic development leaders target stronger small business growth, expand access to capital, and support high-growth entrepreneurship across Missouri. More than $33 million is being deployed to the Missouri Technology Corporation (MTC) via the State Small Business Credit…
KC ranks No. 11 among Midwest startup cities, holding its spot thanks to funding wins amid VC slowdown
A healthy dose of recent funding events kept Kansas City in the No. 11 spot in the 2023 edition of M25’s annual ranking of Midwest startup cities, said Victor Gutwein, founder and managing partner at M25. The comprehensive report explores how metropolitan areas across the Midwest are performing relative to each other based on startup…
‘Shark Tank’ sets stage for Bryght Labs’ new smart play product rollout amid MO funding uptick
Fresh off a successful appearance on “Shark Tank,” Olathe-based connected gaming startup Bryght Labs hopes to capitalize on that exposure to build momentum, said founder and CEO Jeff Wigh. Wigh and co-founder Adam Roush were featured on an episode that aired in December, pitching their product ChessUp, a patented chess board that uses AI technology…
‘Every business matters, every job matters’: How $69M in federal funds is already boosting KS entrepreneurs
Kansas will use a recent influx of federal funding to strengthen the state’s small business and venture capital ecosystems, according to project leaders of a new high-profile effort focusing on equitable access. The state was allocated $69 million earlier this year as part of the State Small Business Credit Initiative (SSBCI), a federal program that…
