Tech First: Bank’s new pitch event aims to connect investors, startup founders

August 24, 2018  |  Austin Barnes

2018FirstBusinessBankBuildingPhoto

Roots of growth and prosperity are being planted in Kansas City, furthering the advancement of the metro’s tech sector, said Rob Barker.

Rob Barker, First Business Financial Services, Tech First

Rob Barker, President – Kansas City Region of First Business Bank

“One of the biggest challenges for these tech companies is finding those investors to speak to,” said Barker, president – Kansas City Region of First Business Bank.

First Business, locally based in Leawood, is set to introduce its Tech First pitch day Sept. 14 — an event that will give 12 budding tech startups 15 minutes to pitch their investment opportunity to potential KC area investors and those who hail from outside the state.

A list of potential investors and the inaugural group of 12 presenting companies is expected to be released by First Business in the coming weeks.

“Our whole goal for the event is to try and make that connection between those two groups,” Barker said, as he further described the company as a conduit of community.

A chance for blossoming startups to gain valuable resources and potential access to capital, Tech First could be likened to an accelerator program, Barker said — although in an untraditional sense. Despite its design, the day-long event shouldn’t be thought of as a competition either, he clarified.

With bridge-building deemed the driver behind the inception of Tech First, First Business hopes to make its pitch process an annual event in Kansas City, Barker said.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2018 Startups to Watch

        stats here

        Related Posts on Startland News

        Rack Performance beefs up with seed investment from former Perceptive Software execs

        By Tommy Felts | July 28, 2017

        Lenexa-based Rack Performance has raised a seed investment round that will fuel the exercise tech startup’s sales and development. Rack Performance has raised $300,000 from perceptiveEQUITY, a new early-stage investment firm that’s managed by three former executives at Lenexa-based Perceptive Software, which was purchased by Lexmark International for $280 million in 2010. Lexmark recently sold…

        Six takeaways from the digital transformation at Hallmark

        By Tommy Felts | July 28, 2017

        It’s not just tech startups that innovate and disrupt. One of the Kansas City area’s largest firms, Hallmark Cards, recently launched a digital transformation. In 2015, the greeting card giant funneled thousands of products that were popular on the shelves to online sales. The firm also updated its social media practices to attract younger customers.…

        Report: Kansas City’s tech workforce is growing faster than most big cities

        By Tommy Felts | July 27, 2017

        Techies around the nation have flocked to Kansas City at a rate faster than many major cities, including New York City, Chicago, San Diego and others according to a recent report. CBRE’s annual Tech Talent Report found that between 2011 and 2016 Kansas City’s tech workforce grew 39 percent, adding about 15,000 new tech staffers…

        How the Kansas City Chiefs became the No. 1 NFL team in social engagement

        By Tommy Felts | July 27, 2017

        Most Kansas City Chiefs fans are likely aware that they hold the Guinness World Record for the “loudest crowd roar at a sports stadium.” But what fans may not know is how that same enthusiasm and energy translates to the Kansas City Chiefs’ social media engagement. Using a variety of platforms, the team’s social media…