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
Newest Techstars KC class tackling payday loans, food safety, bots for business
Techstars Kansas City has revealed its 2018 cohort of startups. The 10 companies will make a big impact not only on Kansas City but the global economy, said Lesa Mitchell, managing director of Techstars KC. “Although our companies come from many industries, they share in common that they are all solving problems to make the…
YEP KC teen serves hope through enterprising volleyball benefit for men’s shelter
When 17-year-old Catherine Franano learned the mattresses at Kansas City Rescue Mission were old and too worn for comfortable use, the Pembroke High School senior leapt into action, she said. “Some of these people … like they’ve just had so many awful things happen to them, but not having anywhere to sleep?” Catherine said. “How…
(Video) ESHIP Summit attendees ask: Can entrepreneurial support efforts actually be sustainable?
When more than 600 attendees gathered this week in Kansas City for the second ESHIP Summit, they each came with their own ecosystems, businesses, local governments and support networks in mind. They also brought questions. “What are they doing in their cities? What’s worked and what hasn’t worked? What can we adopt back at home…
Four key moments led to SoftVu’s exit (three missteps kept it from happening sooner)
Deals like the acquisition of KC-based SoftVu by an Alabama private equity firm don’t happen overnight. And founder Tim Donnelly gives near-equal weight to the trials and triumphs that led the marketing platform to its big exit. “We’ve done as much as we possibly can based on the mistakes we’ve made, the lessons that have…