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
Chefs transform ‘ugly’ produce into beautiful dinners: How Kanbe’s Markets is taking food waste off the menu
From lumpy apples to a spotty potato, foods with cosmetic flaws are still edible and nutritionally dense, said Ali Curbow. “People turn away these types of produce because it is considered ‘ugly’ — but we’re hoping to showcase that these ugly produce can be made into something beautiful,” said Curbow, marketing manager at Kanbe’s Markets,…
Gator, shrimp po’boys made to order, but Chef Esra has more than sandwiches plated for KC’s East Side
Opening a restaurant is just one phase of Esra England’s vision for Kansas City’s East Side. “I’m looking at a restaurant as an anchor point. Once you have a restaurant in the area, the community will be able to do different things like host meetings or classes — and hopefully, other businesses will start to…
KC investors power $4.5M round for OP startup poised to ‘unlock billions’ for its customers
Overland Park-based Realto has closed a $4.5 million funding round — thanks in large part to the backing of Kansas City-based investors. “We’re excited to welcome these important investors as we continue to expand our robust trading capabilities across the universe of alternative products,” Brian King, co-founder and CEO, said in announcement of the funding round which…
Meet seven founders hoping to pay their bills while changing the world; LaunchKC Social Venture Studio unveils first cohort
Dr. Shelley Cooper held back tears during a nearly four-hour introductory session to the new LaunchKC Social Venture Studio earlier this spring, she said. She’d already found her calling with Diversity Telehealth; now the startup founder had discovered truly mission-aligned colleagues within her cohort. “My focus has always been to bring healthcare to underserved areas…