UMKC contest awards $35K+ to winners, feeds student-community innovation
May 5, 2020 | Tommy Felts
One startup’s winnings from Friday’s Regnier Venture Creation Challenge are expected to have a near-immediate, tangible impact on Kansas City — helping Kanbe’s Markets provide produce in one of its corner markets for an entire year.
“This means that about 4,500 people will have consistent access to fresh, healthy, and affordable food on Kansas City’s east side,” said Max Kaniger of Kanbe’s Markets, reflecting on his social enterprise’s $5,000 prize at the student venture contest.
Founded in 2016, Kanbe’s Markets is a 501c3 nonprofit organization with four full-time employees and three part-time employees that developed an unmatched food distribution model in the Kansas City region. The Healthy Corner Stores (HCS) model was designed to enhance equitable food distribution by intervening on hunger issues for the 400,000 food-insecure individuals and families living in Jackson County food deserts.
Kaniger, a graduate of the University of Missouri-Kansas City, competed as a community business finalist — a new slot designated for non-students to showcase work being done in the larger community during the COVID-19 pandemic.
“As a non-profit, we really appreciated the opportunity to share our work with so many incredible Kansas City leaders,” Kaniger said, noting increased need within the areas Kanbe’s Markets serves. “Given the current crisis, there are now thousands more people in our city facing food insecurity.”
Click here to learn more about Kanbe’s Markets or to donate to the ongoing effort.
Kanbe’s Markets was one of several RVCC winners Friday, collectively taking home more than $35,000 in prize money at the conclusion of the virtual competition. The event is part of the Regnier Institute at UMKC’s arsenal of programming intended to accelerate startup ideas to launch in a safe environment.
Click here to read more about the virtual Regnier Venture Creation Challenge.
“UMKC and the Regnier entrepreneurship program provided me with the solid foundation necessary to build my business,” Kaniger noted. “UMKC and the community of alumni have been supporting Kanbe’s from the very beginning. Having that network behind us is a big part of why we are where we are today.”
Among the other prize winning student finalist teams from the 2020 Regnier Venture Creation Challenge:
General track
- Calving Technologies (Mizzou) – $5,000
- Jensen Applied Sciences (Iowa State University) – $4,000
- Interplay (UMKC & E-Scholars) – $3,500
- ChordaWorm Lures (Iowa State University) – $3,000
Blue KC healthcare innovation
- WartPatch (UMKC) – $5,000
- Flyover Counseling (E-Scholars) – $1,000
- Norah Health (Mizzou) – $1,000
- Striae Away (Missouri Science & Technology) – $1,000
- The GuideLine (Missouri Science & Technology) – $1,000
Specialty award winners
- Generation Green (UMKC & Enactus) – $1,000
- Linda Tong Planners (Iowa State University) – $1,000
- Dart (UMKC, E-Scholars & Enactus) – $1,000
- MARGOLOH (Blue Valley CAPS) – $1,000
- Vivas y Muerto (Kansas City Art Institute) – $1,000
- SNidAP (UMKC) — $500 (Innovation Prize)
Click here for more detailed descriptions of each student finalist team.
This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.
For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn
Featured Business
2020 Startups to Watch
stats here
Related Posts on Startland News
Meet 10 finalists for AltCap Your Biz pitch payout; competition returns during GEW KC
A diverse group of nearly a dozen small businesses are advancing to the next round of the annual AltCap Your Biz: Pitch Competition with finalists ranging from a mobile vegan soul food service to a Northland selfie experience. The “Closing the Deal” live pitch event showcases the 10 best concepts from a pool of 43…
Just funded: Sharks, crowd salute veteran-led tech newcomer with $32K in Pure Pitch Rally checks
A fresh face to the startup stage, Zachary Oshinbanjo left Monday’s Pure Pitch Rally with the most-funded venture of the event — taking home more than a third of the day’s nearly $90,000 in cash prizes. A U.S. Army veteran, Oshinbanjo pitched “land sharks” on Vetelligence — a tech platform that aims to create a…
Flyover Capital adds managing partner with fresh perspective on KC, tech investment expertise
A month after announcing its more than $60 million Tech Fund II, Flyover Capital is adding to its leadership team — appointing Tristan Mace, a serial tech entrepreneur and investor, as a managing partner at the Overland Park-based venture capital firm. “I’m excited to join Flyover Capital as we build on our success of contributing…
TripleBlind posts $24M round as interest in its data privacy tech expands, founder talks $100M+ valuation
An oversubscribed $24 million Series A funding round announced Monday is expected to push Kansas City-coded TripleBlind into new verticals as it rapidly scales and finds itself a leader in data efficiency. The startup — which previously secured $8.2 million in seed funding in April — found return support in Mayo Clinic, which co-led the…