KC BioHub leaders refining plan after $75M Tech Hubs proposal fails initial test
July 2, 2024 | Startland News Staff
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.
Featured Business
2024 Startups to Watch
stats here
Related Posts on Startland News
Meet customers where they are (and they’re on TikTok): Marketing experts urge startups to invest in brand building
Like it or not, “TikTok remains king,” said Mikita Burton, encouraging startup founders to balance negative headlines about the video-sharing social media platform with its incredible potential for reaching their most-sought-after audiences. “We don’t just get to pick our customers’ favorite platforms, so you need to be where they are,” Burton, a social media strategist…
Bo Lings owners adapt to lifestyle trends with new fast casual concept in River Market
A new City Market dining option from the couple behind the Bo Lings restaurant chain is serving up fast casual Chinese dishes with authentic flavors and familiar tastes, said Richard Ng. “It’s a new concept, and we hope it takes off,” said Ng, co-owner of Bo’s Kitchen at 108 E. 5th St. in the River…
These KC students just won $50K for their school’s STEM efforts — and exhibit space in Science City
Winning the $50,000 grand prize at Burns & McDonnell’s Battle of the Brains competition made for the best school day ever, shared Reese Moreno, a member of the victorious Delta Woods Middle School team. “This is mind blowing,” she explained Tuesday after the awards ceremony at Union Station in Kansas City. “The moment they announced…
Start from the top: How these newsmakers forged companies to watch (Event Photos)
Maybe it was an open opportunity in a market that couldn’t be ignored. Perhaps a calling to do something bigger than themselves. Or, for some, just a transparent bid to find profit in a world of problems waiting to be solved. Each of Startland News’ 10 Kansas City Startups to Watch launched with a motivation…