LaunchKC earns honors of its own, must still keep hustling, KC eco devo leader says
October 13, 2018 | Elyssa Bezner
Receiving the Bronze Excellence in Economic Development Award proves the real market value for programs like LaunchKC, said Drew Solomon.
Drew Solomon, Economic Development Corporation of Kansas City
The win has been energizing, said Solomon, senior vice president of business and job development at the Economic Development Corporation of Kansas City, which partners with the Downtown Council of Kansas City to make the program liftoff.
LaunchKC awards $500,000 to nine startups each year through its popular grant competition. Click here to read about this year’s winners — awarded Friday in Power & Light.
The program earned its own honor earlier this month from the International Economic Development Council, the world’s largest membership organization for economic development professionals, in Atlanta, Georgia.
“[The award is] validating, but there’s still a ton of work to do,” said Solomon. “We’ve got to keep hustling and doing all the things that we do.”
LaunchKC has awarded $1.5 million in funding to 29 startups to date, spanning a spectrum of tech-related industries, according to a press release.
“This year, our judges reviewed some extraordinary projects that advanced both communities and businesses,” said Craig Richard, 2018 IEDC board chair. “What we learn from each other helps us to grow and advance as a profession. We look forward to even greater participation from economic developers across the globe in the 2019 awards program.”
Click here to read more about how LaunchKC has impacted grant recipients.
Featured Business
2018 Startups to Watch
stats here
Related Posts on Startland News
Tax bill guts historic tax credits used to rehab Westport Commons, Kemper, lofts
Plexpod Westport Commons wouldn’t exist without the historic tax credits used to make the massive renovation and preservation project financially feasible, said developer Butch Rigby. A GOP-led tax reform bill introduced this month to simplify the tax code, however, would eliminate the Reagan-era tax credit program, which provides a 20 percent federal tax credit for…
Ruby Jean’s juices unity, entrepreneurism with Troost opening (Photos)
Chris Goode is helping change what Troost Avenue means to Kansas City, pastor Stanley Archie said Saturday morning at the grand opening of Ruby Jean’s Kitchen & Juicery. Troost has been a place of division, he said, noting years of racial segregation along the corridor where those with a “permanent tan” weren’t welcome west of…
The Jam KC offers space for musicians to get loud, turn up
In a small, Midtown Kansas City room brimming with musicians and their instruments, Allen Monroe peers over his 1963 Hammond B-3 organ at a handful of onlookers. A toothpick concealed by a thick grey mustache emerges as he smiles, preparing to deliver a gentle jab to the artists around him. “Remember, you don’t have to…
Etsy exec: Tax reform leaves out entrepreneurs of the gig economy
Editor’s note: Althea Erickson, head of advocacy and impact at Etsy, wrote this opinion piece in response to tax reform bills being considered in the U.S. House and Senate. The opinions expressed in this commentary are the author’s alone. For all the talk of tax reform that’s swirling around Washington, D.C., there’s one group that’s…