Coming UMKC innovation center to serve students, entrepreneurs

May 13, 2015  |  Bobby Burch

NixonPressConf[4]

With funding shored up from private and public donors, the University of Missouri-Kansas City is planning to move ahead with its plan to build the Robert W. Plaster Free Enterprise Center to support students and entrepreneurs.

Missouri Gov. Jay Nixon shakes hands with UMKC Chancellor Leo E. Morton. Photo by Janet Rogers/UMKC.

Missouri Gov. Jay Nixon shakes hands with UMKC Chancellor Leo E. Morton. Photo by Janet Rogers/UMKC.

Missouri Gov. Jay Nixon announced Tuesday that the state is allocating $7.4 million to the center, which represents half of the funding for the new $14.8 million building that will be built at 215 Volker Boulevard. The Robert W. Plaster Foundation and the Ewing Marion Kauffman Foundation offered the initial private funds.

“The Free Enterprise Center at UMKC will provide greater opportunities for creativity and collaboration among students, faculty and businesses, and strengthen the Kansas City region’s position as a hub for innovation and entrepreneurship,” Gov. Nixon said in a release.

The prototyping and product development center will serve students, entrepreneurs and the larger business community with a variety of resources, including a lab, rapid prototyping equipment, 3D printers and a business incubator.

“This facility will support education and economic development across the board,” UMKC Chancellor Leo E. Morton said in a release. “It will help entrepreneurs, inventors and small business be more successful in their ventures. And students from middle school to graduate school will get a first-hand taste of entrepreneurship and become grounded in the discipline of innovation.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2015 Startups to Watch

    stats here

    Related Posts on Startland News

    KC’s Smart City ‘Living Lab’ to tackle domestic terrorism threats

    By Tommy Felts | January 28, 2016

    Since 2013, more than 160 active shooter situations have taken place in the United States. Imagine for a moment if those events could be prevented or mitigated through the use of technology, such as drones, social media analysis and other sensors. That future is closer than ever according to leaders of Kansas City’s Smart City…

    Regional Roundup

    A vibrant arts culture leads to innovation and why hometown investors are vital

    By Tommy Felts | January 28, 2016

    Here’s this week’s dish on why the arts community shouldn’t be a benched player on the sidelines of a city’s economy game; the importance of hometown investors to thriving startup communities; and what universities are doing to keep the talent pipeline strong for an entrepreneurial future. Check out more in this series here. The Atlantic…

    ClaimKit snags $1.8M from local VC Flyover Capital

    By Tommy Felts | January 27, 2016

    Insurance tech startup ClaimKit is tapping an area venture capital fund to help launch its second software offering that quickly analyzes policies. The company raised $1.8 million to launch RiskGenius, which helps to identify and categorize insurance clauses in commercial policies. Leawood-based venture capital firm Flyover Capital led the round, which included participation from the…

    Arredondo: The Economist documentary, recent press great for Kansas City

    By Tommy Felts | January 26, 2016

    It’s no secret that I’m a total homer for Kansas City. I truly believe that we have the opportunity and ability to become a world-class, 21st-century city. With that being said, I’ve been known to hyperbolize when it comes to the promise I see in Kansas City. But recently, our city has sold itself with…