Brad Feld contest offering a startup free rent in KC
July 7, 2015 | Bobby Burch
A prominent venture capitalist is launching an international competition in Kansas City that will offer a startup free office space in one of the area’s tech hotbeds.
Brad Feld’s ‘FiberHouse’
Brad Feld, co-founder of the Boulder-based Foundry Group, kicked off a contest Tuesday that will allow a startup to live in his Kansas City, Kan., home for one-year rent-free. Feld — who’s also co-founder of Techstars, which operates the Kansas City-based Sprint Accelerator — purchased the home in 2013 as Google Fiber first deployed its gigabit network in the area.
Feld said that the aim of the competition is to foster more innovation in Kansas City.
“I’m a huge believer that you can build startup communities anywhere,” Feld told Startland News. “I have a long relationship with Kansas City around entrepreneurship as a result of my work with the Kauffman Foundation going back to the mid-1990s. … (Kansas City) is growing and developing nicely.”
Applications to the competition are now open to companies from around the world, Feld said. Tenants are responsible for utilities at the home, however, Feld will cover the cost of Google Fiber’s connection. Feld said he will also offer mentoring to the startup that wins the competition.
Already two companies have lived in Feld’s so-called “FiberHouse” rent free, including Kansas City-based Leap.it and 3-D printing company Handprint. The house is a part of the Kansas City Startup Village, a community of entrepreneurs that serendipitously formed after Google’s installation of its fiber network.
Feld said the idea of purchasing the home came about when he bumped into Ben Barreth, founder and owner of Kansas City’s Home for Hackers program.
“I ran into Ben Barreth at the ‘Thinc Iowa’ conference and he breathlessly told me about what he was doing in Kansas City around Google Fiber and the Kansas City Startup Village,” Feld said. “I loved the idea and figured I’d participate in the KC Startup Community by buying a house in the KCSV and giving it rent free for startups.”
Applications for the contest will be accepted through Aug. 30, at which point a panel of judges will review the pool of applicants and narrow the field to five finalists.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
Survivor, innovator Kim Gandy rewards patients for sticking to treatments
In her 20 years working as a transplantation clinician, Kim Gandy found it baffling that a seemingly simple problem had such a difficult time finding a solution. Transplant patients consistently struggled to adhere to their health regimens, resulting not only in significant costs for care providers but also death. “We were literally losing patients,” Gandy…
Kansas City to host national student entrepreneur competition
Kansas City will soon host a national competition for student entrepreneurs. Set for March 6 and 7 at the Ewing Marion Kauffman Foundation the Global Student Entrepreneur Awards will bring its top 25 national finalists to Kansas City. To qualify, student entrepreneurs must be the primary operator of a business less than six years old…
Area experts dive into uncertainty and hope for immigrant entrepreneurship
Now more than ever, it’s important for the community to come together to gain new perspectives. That notion was a driving force behind the February Innovation Exchange in which Startland News dove into the subject of immigration and entrepreneurship. Hosted in partnership with Think Big, the event welcomed a researcher and a policy expert from…
Analysis from binge watching six-months of 1 Million Cups KC
Editor’s note: The opinions expressed in this commentary are the author’s alone. Every Wednesday morning in over 100 communities nationwide, two entrepreneurs present a six-minute profile of their companies to a diverse audience, followed by 20 minutes of open Q&A. Last July, I binge-watched 1 Million Cups Kansas City’s 51 presentations from January 1 to…