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

    Family-owned US Toy sells to Chicago-based novelty retailer; new owner pledges continued innovation

    By Tommy Felts | October 4, 2024

    The strategic acquisition of a 70-year-old Grandview company that has become a household name for its novelty toys is expected to fuel its new owner’s ability to meet the evolving needs of modern-day customers. Chicago-based Windy City Novelties, Inc. announced the deal with US Toy this week, though financial details were not disclosed. Founded in…

    Financier of the Year: Worlds’ biggest financial leaders applaud C2FO for job-creating capital access

    By Tommy Felts | October 4, 2024

    C2FO would’ve been profitable in the US alone, CEO says; how solving for global needs made it an even stronger fintech leader  The impact of one Kansas City-built fintech company is being felt far beyond the borders of the U.S., said Sandy Kemper, detailing how C2FO’s strategy to go global is creating hundreds of thousands…

    Nelson-Atkins plans $170M new expansion, with an international contest to design ‘a museum for all’

    By Tommy Felts | October 2, 2024

    Editor’s note: The following story was published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. The Nelson-Atkins Museum of Art is launching an ambitious expansion project that will transform its Midtown campus with a dynamic, open…

    Goodwill opening first-of-its-kind KC adult high school near Oracle Cerner Innovation Campus

    By Tommy Felts | October 2, 2024

    A new “adult high school” offering free, onsite childcare to Missourians 21 and older is planned in Kansas City. Organizers are eyeing a fall 2025 opening and a first-year enrollment of 250 students. The project — dubbed The Excel Center — follows a model operated across the country in other communities for the past 10 years,…