And then there was one: Blooom the sole local firm left in national pitch contest

November 17, 2015  |  Bobby Burch

Chris Costello, co-founder and CEO of blooom, speaking at an event in 2015

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.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2015 Startups to Watch

        stats here

        Related Posts on Startland News

        Startup Weekend returns to Kansas City in June

        By Tommy Felts | April 18, 2017

        People often ruminate for years on a startup idea, calculating risk, analyzing a market and perfecting a pitch. With Startup Weekend, that course of contemplative construction is distilled into 48 hours of ideation, iteration and presentation. And after a year hiatus, the event is returning to Kansas City for wild weekend of founding fury. Startup…

        Digital Sandbox taps K-State Olathe for office space

        By Tommy Felts | April 18, 2017

        The partnership between Digital Sandbox KC and the City of Olathe, Kan. is now a bit stronger. Companies funded out of the Olathe program will now have access to an office and coworking space via the Kansas State University Olathe campus, located at 22201 W. Innovation Dr., Olathe, Kansas. “We’re constantly working to break down…

        A coworking studio for artists, InterUrban ArtHouse to open in Overland Park

        By Tommy Felts | April 18, 2017

        A new coworking and community space for artists is coming to the Kansas City area. Scheduled to open June 15 in Overland Park, the nearly 10,000 square-foot InterUrban ArtHouse is revamping a post office to become a shared space for 20 to 40 artists. The nonprofit is piggybacking on a popular trend in the metro…

        Events Preview: Innovation Exchange, the Sales Series and April Tech Talk

        By Tommy Felts | April 17, 2017

        There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Are you hosting a relevant community event? Feel free to add it to the FWD/KC calendar for increased exposure. Once your event…