KC BioHub leaders refining plan after $75M Tech Hubs proposal fails initial test

July 2, 2024  |  Startland News Staff

Melissa Roberts Chapman, the KC BioHub’s acting regional innovation officer, delivers remarks in March at a Tech Hubs celebration event at Boulevard Brewing marking Kansas City's funding submission; photo by Nikki Overfelt Chifalu, Startland News

A massive regional initiative to secure federal funds for Kansas City’s burgeoning Tech Hub failed to win approval, BioNexus KC officials announced Tuesday, with advocates lauding organizers’ efforts and pledging to continue their push.

KCMO Mayor Quinton Lucas speaks at Union Station in Kansas City during a ceremonial Tech Hubs announcement in October; photo courtesy of U.S. Sen. Jerry Moran’s office

The KC BioHub was seeking funding Phase II funding from the Economic Development Administration (EDA) Tech Hubs competition — a process that began publicly in fall 2022, culminating with a funding submission in March.

ICYMI: KC requests $75M in federal funds as region’s Tech Hubs effort builds even more momentum

“We are proud of the work accomplished by our team and partners in preparing for this highly competitive process,” said Melissa Roberts Chapman, acting regional innovation officer for the KC BioHub. “The KC BioHub initiative has demonstrated the strength and potential of Kansas City’s innovation community, and we remain dedicated to pursuing other opportunities to advance our goals.”

Despite the just-announced outcome, the KC BioHub Consortium — with 110-plus member organizations —  remains steadfast in its commitment to this work and will reapply in February 2025, Roberts Chapman and other regional leaders said. The Tech Hubs competition, part of the Biden-Harris Administration’s efforts to stimulate technological advancements across the United States, entailed a rigorous selection process.

Click here to see which Tech Hubs just earned Phase II funding.

ICYMI: KC officially earns title of ‘Tech Hub,’ opening door to massive federal grant funding

Dennis Ridenour, president and CEO of BioNexus KC, speaks to members of the KC BioHub consortium during an event celebrating the initiative’s application for Tech Hubs Phase 2 funding from the federal government; photo by Taylor Wilmore, Startland News

“There has been a palpable energy for this effort since being awarded Phase I in October 2023, and we believe it served as a uniquely unifying opportunity for the Kansas City region,” said Dennis Ridenour, CEO of BioNexus KC. “This effort brought together research institutions, community colleges, small businesses, economic development agencies, local governments, elected officials, investors, workforce organizations, philanthropy, and life sciences industry in a truly remarkable collaboration.”

Roberts Chapman emphasized more work to come as the KC BioHub readies for its next funding opportunities.

“While we are obviously disappointed, we continue to be energized by the proposed work we put forward and the excitement it has brought to our region’s life sciences ecosystem,” she said in a message to supporters of the initiative.

 “We extend our congratulations to the Tech Hubs that received funding in this round and look forward to future collaborations and opportunities to showcase the KC Region’s strengths,” Roberts Chapman continued. “Remember, we are still one of 31 EDA-designated Tech Hubs. Today’s news does not change our status or our ambition.”

In the coming weeks and months, she added, the consortium plans to refine and resubmit its proposal — noting the KC BioHub is eligible to do so on Feb. 28, 2025.

Click here to learn more about the KC BioHub.

startland-tip-jar

TIP JAR

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

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    What’s Kansas City doing at SXSW 2017 this year?

    By Tommy Felts | March 8, 2017

    March is about to get weird. Startland News is once again returning to the weirdness of Austin, Texas, for the annual insanity that is the SXSW Conference. Like last year, we’ll be venturing to the Lone Star State to report on the Kansas City contingent at arguably the nation’s top conference for innovative ideas: South-by-Southwest…

    Flow Forward

    Olathe-based Flow Forward raises $1M for vascular device

    By Tommy Felts | March 7, 2017

    After completing a preclinical study, Olathe-based Flow Forward Medical nabbed another round of capital for its vascular device. The firm raised another $1 million from a group of unnamed, individual investors, bringing the firm’s total raised to $7 million. Flow Forward created the AFE blood pump system, which is designed for temporary use to quickly…

    Park Hill toured the country for its new innovative learning program

    By Tommy Felts | March 7, 2017

    The Park Hill School District is introducing a new approach to learning that aims to cultivate more innovative thinking among its students. Starting in Fall 2017, Park Hill conceptualized the LEAD Innovation Studio, a high school in which students will focus on project-, problem- and professional-based learning. The studio aims to not only address growing…

    International coworking firm WeWork taps Crossroads for big space

    By Tommy Felts | March 7, 2017

    WeWork, an international coworking firm with offices in 37 cities and 12 countries around the globe, is snagging four floors in Kansas City’s Corrigan Station for a new 40,000 square feet space. With locations in Hong Kong, London, Buenos Aires, New York City and many others, the cosmopolitan coworking company will occupy the third through…