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
KCMO adds $350K for entrepreneurs to proposed city budget after advocates’ last-minute push
Kansas City entrepreneur advocates gained more momentum Thursday in their bid to receive greater civic support for startups and small businesses. “Entrepreneurs and small businesses are the driver of the Kansas City economy,” KCMO councilman and Mayor Pro Tem Scott Wagner told Startland Thursday afternoon, following the approval of the city’s $1.73 billion budget. An…
Ties meet rocket tech: Crooked Branch refines bow ties with carbon fiber, urging fearlessness
Capitalize on what’s trendy, find a way to make it better, and the work will do itself, Paul Kaster said of his fresh-out-of-high school startup journey. Such a mindset has only elevated business for Kaster, founder of Crooked Branch Studio. The entrepreneur recently launched a line of bow ties made from carbon fiber — a…
Freightquote, Edison Factory founder-turned-investor touts ‘work ethic worth investing in’
Raise and raise relentlessly. Because in business, the sun won’t shine every day, Tim Barton told a room filled Wednesday morning with entrepreneurs and investors eagerly seeking support and insight at the 20th InvestMidwest Venture Capital Forum. The former CEO of Freightquote, who saw a $365 million exit for the company in 2014 before launching…
Liberty screen printer brings Hustle + Heart in the face of early-stage failure
Liberty-based apparel company Hustle + Heart wouldn’t have found success without failure, said Serena Kotalik. “[You should] never give up whether you’re starting a business like mine or any other,” said Kotalik, founder of the primarily wholesale, online company, which sells many of its wares through a VIP Facebook group. “With each [failure] I have…