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

        Events Preview: Second Fridays, coding weekend

        By Tommy Felts | February 11, 2016

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Second Fridays When: February 12 @ 4:30 pm – 7:30 pm Where: Village Square Coworking Studio Second Fridays is simply a casual,…

        UMKC, Blue Springs schools testing entrepreneurship class

        By Tommy Felts | February 11, 2016

        The University of Missouri-Kansas City wants to play matchmaker between high school students and entrepreneurship. UMKC announced Wednesday that it’s partnering with the Blue Springs School District to test an entrepreneurship course for both high school students and community members. The course, which aims to introduce students to opportunities in entrepreneurship, is available for credit…

        Dickson: Kansas City’s ‘show me’ mentality is stagnating its startups

        By Tommy Felts | February 11, 2016

        Editor’s note: Net-zero home-building startup Acre Designs, which found its start in Kansas City, recently entered the world’s best business accelerator program: Y Combinator. After facing a tepid investor market in Kansas City, the company will be staying in the San Francisco area after the program’s conclusion. Kansas City fosters an enviable work ethic, steady…

        This Kansas City startup is in the world’s best accelerator: Y Combinator

        By Tommy Felts | February 10, 2016

        Acre Designs, a net-zero, home-building startup that found its start in Kansas City, is now honing its model in arguably the world’s top business accelerator. San Francisco-based Y Combinator in January welcomed Acre into its 2016 accelerator program. Y Combinator — an early investor in such companies as Airbnb, Dropbox, Reddit, Disqus and others —…