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
The Bunker Labs KC lands funding to help veteran entrepreneurs
The area’s go-to organization for military veteran entrepreneurs, Bunker Labs KC, will boost its impact in the area with new financial support. The local organization, which is a part of the national network of Bunker Labs, announced Wednesday that it received $100,000 from the Missouri Technology Corporation. The funds will primarily be used to bring…
Fading passion compels in-the-black Creelio to shut down
Kansas City-based storytelling startup Creelio is closing its doors after three years of helping executives write custom content. Founded in 2013, Creelio was born out of a 2012 Startup Weekend competition and led by Julie Edge and Steve Stava. The six-person firm company co-wrote blogs and content with more than 60 area executives, helping them…
Kansas City founders to discuss the ‘Art of Failure’
Most startups fail. But that doesn’t mean that lessons from their demise must fade away with them. Zen and the Art of Failure — set for May 19 at Village Square Coworking Studio — will explore the topic of failure via three local founders’ startup experiences and how they grew as a result. Matthew Marcus, executive director…
Mozilla grants boost local 3D modeling, literacy, STEM
The Mozilla Gigabit Community Fund awarded three Kansas City organizations a total of nearly $60,000 in grants to build gigabit-enabled tech projects. Mozilla gifted the funds to PlanIt Impact, Pennez and the KC Social Innovation Center, which will allow the groups to implement 16-week pilot testing from May 16 to Sept. 4. Mozilla also…