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
Watch: Tigersheep Friends creators build a ferociously off-beat, under-the-radar KC brand
From three-eyed leopards to strawberry cream giraffes, the creative minds behind Tigersheep Friends love illustrating off-beat versions of animals to keep their artistic passions alive, said Sarah Walsh. When the husband-and-wife duo started the company in 2011, they were looking for an alternate creative outlet, said Sarah Walsh, co-founder of the online product line. Click…
PayIt hires former Uber disruptive marketing leader as KC govtech startup’s first CMO
Kansas City-based govtech startup PayIt is downloading executive expertise from the West Coast, John Thomson said Tuesday, announcing PayIt’s first chief marketing officer — a former leader at Uber. Based in San Francisco, Alexandru Otrezov will lead PayIt’s marketing organization and continue to accelerate the company’s brand and growth efforts, said Thomson, co-founder and CEO…
Victor Hwang leaving Kauffman VP role; entrepreneurship becomes national priority ahead of 2020 political cycle
Ecosystem building has risen to the national conversation — marking the right moment for Victor Hwang to exit the Ewing Marion Kauffman Foundation and its vision-rich entrepreneurship team, he said. “A few years ago, people would talk about supporting entrepreneurs as if they were disconnected individuals … helping one entrepreneur at a time or maybe…
BacklotCars taking over full floor of new Lightwell building following $25M funding round
A 20,000-square-foot space in one of Kansas City’s most recently remodeled downtown office buildings will allow BacklotCars room to continue expanding its team, while also impressing high-level targets, said Josh Parsons. “The location, design and amenities of the project are exactly what is needed to attract the top tech talent to Kansas City,” said Parsons,…