And then there was one: Blooom the sole local firm left in national pitch contest
November 17, 2015 | Bobby Burch
Financial tech startup Blooom is the lone Kansas City-area company to advance in the Ewing Marion Kauffman Foundation’s “One in a Million” pitch competition
Out of an initial field of more than 350 companies, the Leawood-based firm advanced to the final round of five in the foundation’s pitch contest. The competition, which will conclude the morning of Nov. 18 during Global Entrepreneurship Week, will award $10,000 to one startup that previously participated in the foundation’s 1 Million Cups program.
The other four startups to advance in the contest are: SwineTech of New Sharon, Iowa; Upsie of Minneapolis, Minn.; DryBox of San Antonio, Texas; and My Solar of Los Angeles, California. Two other Kansas City-area companies — Idle Smart and AEGLE Palette — failed to advance to the final round of five.
A star-studded lineup of businesspeople from around the nation will be judging Blooom and the other four startups. Judges in the competition’s final round of five startups are: Marcelo Claure, CEO of Sprint; Nicole Glaros, chief product officer of Techstars; and Paul Kedrosky, managing partner of SK Ventures.
Kansas City Mayor Sly James will present the first-place team the grand prize of $10,000, while second- and third-place winners will receive $5,000 and $1,000, respectively.
The Kauffman Foundation will be providing a live stream of the competition 9 a.m. Wednesday.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
Happy Food Co. packs outside-the-box flavor into locally sourced meal kits
Finding the right mix of flavors for Kansas City’s pallette has been a trial-and-error effort for Happy Food Co., Jeff Glasco said. The Olathe-based direct-to-consumer meal kit company offers about 20 easy-to-prepare dinners infused with bold spices and outside-the-box local ingredients. Customer favorites include a bison cheeseburger quesadilla, butter-basted salmon, and soba noodle bowl with…
Ennovation Center helping food entrepreneurs avoid charring their dreams
In the seven years of leading a food business incubator, Lee Langerock has seen plenty of businesses — and dreams — sour. “We’ve had a front-row seat to the startup challenges and trials of food-based business,” said Langerock, the executive director of the Independence-based Ennovation Center. “The biggest pitfall we’ve witnessed is lack of practical,…
KCMO, Avis launch first-in-the-world test lab with 5,000 connected rental cars
Accelerating the Smart City initiative’s focus on enabling autonomous vehicles, the Kansas City area is now serving as the laboratory for a large test of thousands of connected rental cars. Avis Budget Group and the City of Kansas City, Missouri, announced Thursday the launch of the “Mobility Lab,” featuring a fleet of 5,000 internet-connected vehicles…
Document: Techstars raising a $400M startup fund
Accelerator and investment firm Techstars is working to raise a massive new fund to boost portfolio startups around the world. Techstars — which operates an accelerator program in Kansas City — is now raising a $400 million fund, according to a filing with the Securities and Exchange Commission. The fund more than doubles Techstars Ventures’…