Student investors hope to make inroads with KC founders through pitch day
March 19, 2018 | Elyssa Bezner
A group of student investors in the Kansas City University Venture Program are working to jump start deal flow and create relationships with Kansas City entrepreneurs.
Crosser
Launched in 2017, the student-led fund is hosting a pitch event to start a dialogue with area startups in hopes of finding their newest investment deals, said Nate Crosser, a University of Kansas law student and an intern with the fund.
The fund aims to not only boost area businesses with funding but also better educate the future of venture capital professionals, Crosser added.
“It gives students in Kansas City real world exposure to and experience with venture capitalism,” he said. “We hope that this will help create a base of knowledgeable young private finance professionals who can get involved in KC’s entrepreneurial ecosystem. We hope to bolster the local economy by investing in home-grown businesses and by playing a part in further establishing KC as a startup hub — having a robust professional finance sector is a key part of that.”
The KCUVF inaugural pitch event is set for March 30 at the WeWork Corrigan Station, Crosser said. All innovative companies with the ability to scale can apply, he added.
Businesses interested in pitching to the KCUVF can apply here.
A panel of representatives from five or six businesses are expected to participate in the casual and conversational pitches to gain a better knowledge of the startups and the teams, Crosser added.
With one startup already in its portfolio — Apptegy, based in Little Rock, Arkansas — KCUVF’s investments range from $15,000 to $100,000.
Led by Royal Street Ventures in partnership with the Ewing Marion Kauffman Foundation, the University Venture Fund and the Sorenson Impact Center, the KCUVF program is modeled on the long-standing success of the Utah University Venture Fund, the largest student venture program in the U.S.
Featured Business
2018 Startups to Watch
stats here
Related Posts on Startland News
Cowork Lee’s Summit to revamp old post office for entrepreneurs
Lee’s Summit is set to receive a large, new coworking space to serve as the city’s entrepreneurial hub. The founder of Community Buying Group, Ben Rao said he will soon close on purchasing the old Lee’s Summit Post Office to convert it into a 13,000 square-foot coworking space named Cowork Lee’s Summit. Without any nearby…
CNN features Kansas City and St. Louis’ resilient growth
Kansas Citians are already familiar with the perks of calling the metro home — the friendly people, innovative culture and affordability to name a few. The City of Fountains, as well as its neighbor to the east, St. Louis, received validation of those facts Thursday via a lengthy CNN feature on their “bounce back” from the…
K-State LAB offering Kansas startups free growth resources
A Kansas State University business development program is awarding more than $100,000 in grants to Kansas startups. Through K-State LAB — which stands for “launching a business” — participants will receive business lessons, face-to-face mentoring and access to market research. Launched in 2014, the program aims to connect entrepreneurs with the right people so that they…
Kauffman Foundation launches initiative to topple startup barriers
During an annual trip to Washington D.C., Ewing Marion Kauffman Foundation CEO Wendy Guillies urged the U.S. Congress to take action to eliminate barriers for entrepreneurs to launch new businesses. In her 2017 State of Entrepreneurship address, Guillies said that millions of Americans are being left out the U.S. economy and that trends of dwindling…