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
US veterans-turned-founders find natural transition, freedom in life as entrepreneurs
Military service offers parallels to entrepreneurships — whether engaged in battle or a boardroom, said Andrew Belt. “One of the things that has always helped me in operating my business is my ability to analyze the environment and be vigilant,” said Belt, a U.S. Marine Corps veteran and serial entrepreneur behind Lenexa-based property services firm…
Startup synergy: Native Hemp Co opening retail store in former downtown MADE flagship store
A grand adventure awaits Kansas City-baked Native Hemp Co., as the cannabis company reaches new heights and sets up shop with its first retail location. “I have a family all across the world now and it’s been so much fun,” Rich Dunfield, founder of Native Hemp Co., said of the company’s trajectory and success ahead…
iShare Medical working with VA, Medicare, Medicaid to improve patient outcomes, reduce cost of care
Medical errors shouldn’t be among the leading causes of death in a country as developed as the United States, said Linda Van Horn, especially when failure to communicate critical information across platforms is to blame. “It’s unacceptable to make mistakes, just because the information is not readily available to the provider, the doctor or the…
Railroad remedy: Fishtech-backed app could bring added efficiency to local transit system
What started out as a joke between coworkers at Fishtech Group, could solve a community-wide pain point in Martin City — and beyond, explained Michael Wilson. “Every single day there’d be a train come by, blowing its horn, interrupting us on conference calls and they would also make a lot of people late for meetings,”…