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
Ahead of Valentine’s, e-commerce floral shop Zinnia prunes itself to grow
Zinnia is not your mom-and-pop local florist — although the company did have a brief iteration as one lasting about a blink last year. It’s also not your big-box, online flower retailer — although their ecommerce site is a beautiful example of what a website focused on the customer experience can look like. The company…
LaunchKC delivering another $500K in 2016
Kansas City’s popular grant competition, LaunchKC, will be doling out another $500,000 in 2016 to startups around the world. LaunchKC in April will open the application period for its international competition, which will issue ten $50,000 grants to winners during the second-annual Techweek Kansas City conference. Drew Solomon, vice president of business and job development…
Key legislator optimistic in the future of Kansas’ angel tax credits
A Kansas lawmaker overseeing discussion on the future of the state’s angel investor tax credits is confident the program will be made a budgetary priority by his peers in legislature. Rep. Marvin Kleeb, R-Overland Park, said that he and fellow members of the Kansas Committee on Taxation listened to thorough testimony Wednesday during a hearing…
5 reasons your startup isn’t attracting investors
Last week, Techstars managing director John Fein told us that one of the main complaints he hears from Kansas City investors is that there aren’t enough fundable startups. Investors may be right, but it’s not necessarily a lack of good ideas. Today, Kansas City investors are looking for more than the next big idea: they’re…