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
New Black & Veatch accelerator bent on changing the world, powered by LaunchKC
A new accelerator powered by LaunchKC is Black & Veatch’s attempt to “create the world that we want,” said Hyleme George, director of the freshly announced IgniteX CleanTech program. “It’s a world that we want to invest in to accelerate the adoption of sustainable infrastructure,” George continued. “What that means is a world where there’s…
Blockchain KC event aims to put Kansas City on the map for crypto thought leadership
Kansas City is running low on blockchain-fueled innovation, said Shekhar Gupta. “I want to see Kansas City as one of the top places where people think about blockchain,” said Gupta, chief technology officer of Overland Park-based SaaS firm Asuun, and organizer of the inaugural Blockchain KC conference. “I have a big map on my wall…
‘Heartbreaking but empowering’: Nipsey Hussle’s life, death inspire entrepreneurs to action
The Marathon will continue, Wesley Hamilton said, echoing tens of thousands of mourners now pledging to keep alive the transcendent entrepreneurial spirit of rapper-turned-community leader Nipsey Hussle. Hamilton, founder and executive director of the KC-based nonprofit The Disabled But Not Really Foundation, was among a dozen or more Kansas City entrepreneurs in Los Angeles Thursday…
Inmate to business founder: Determination, Incorporated adds partner with lived experience
Determination, Incorporated’s new partner in compassion places a new lens on the impact the prison-to-founder non-profit could have, said Kyle Smith. “I’ve gotten this non-profit this far, but I can’t do it alone,” said Smith, founder of Determination, Incorporated, which uses entrepreneurship to curate new opportunities for formerly incarcerated people, on the addition of his…