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
Toby Rush explores venture studio concept to help startups avoid pre-seed mistakes
Not enough founders in the pre-seed funding stage get the help they need to successfully build their emerging startups, said Toby Rush. “How can you find, focus and accelerate people before they’ve raised money, before they’ve built their team, before they’ve made all of the mistakes that I’ve made plenty of times and that most…
‘Scrappy underdogs’ scale up as PayIt announces move downtown to Lightwell
A move to the Lightwell building signals more than continued growth for Kansas City-based PayIt: it’s the beginning of the company’s transition from startup to scaleup, revealed John Thomson. “We’re scrappy underdogs in this big market of big players and I don’t want us to lose that,” Thomson, co-founder and CEO, told Startland News of…
Five-chef food hall concept headed downtown thanks to one of KC’s most successful founders
Serial entrepreneur Tim Barton is bringing his “chef collective” concept from downtown Overland Park to the heart of KCMO, the founder of Edison District announced Thursday, teasing the first details of a new development at the in-progress Lightwell building. “It’ll be a 13,500 square-foot food hall with five chef concepts,” Barton, whose Johnson County Strang…
Ecosystem builder on Mayor Q’s budget cuts: Startup support helps fill potholes too
Startup support is an investment — not just a cost to the city, a leading ecosystem builder said Thursday following a proposed KCMO budget that would reduce funding for groups aiding KC’s emerging innovators and risk-takers. “Go around to meet the entrepreneurs, understand their stories — see how we max out our credit cards to hire…