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
Ego gets you in trouble — open ears get you business, UMKC E-Scholars mentor says
Editor’s note: This article is sponsored by the University of Missouri-Kansas City’s Regnier Institute, but was independently produced by Startland News. If ego runs the show, a founder won’t succeed, Jene’ Hong said as she cracked jokes laced with straightforward advice. “If we have a big ego, we can’t listen to other people and that’s…
Report: Kansas, Missouri economies hinge on homegrown startups, not border war wins
Kansas and Missouri must “grow from within” if the neighboring states aim to successfully confront structural challenges that face their economies, said Amy Liu, a contributor at national think tank the Brookings Institution. The “historic handshake” between Govs. Laura Kelly, D-Kansas, and Mike Parson, R-Missouri, earlier this month marked the symbolic end to an ongoing…
Payit, C2FO making biggest waves, but funding for smaller companies still jumped 81 percent
Editor’s note: The following is the first in a series of analyses of Startland’s list of Kansas City’s Top Venture Capital-Backed Companies. Proof points matter, said John Thomson. “We’re evidence — based on the $100 million-plus growth equity investment we closed this spring — that you can build a world-class tech company in Kansas City,”…
Mid Coast Modern founder joins Westport bar scene with sudsy, eco-friendly concept
Matt Bramlette bathes in the wordplay of it all. His new venture in Kansas City’s quirky Westport entertainment district — known for its shops, restaurants and bars — floats a clean business prop: bars of soap with a low carbon footprint. Hence, “Soap Bar.” Just a few feet away from his popular retail storefront Mid…