PHKC earns more state funding for 811 Retail Incubator; MTC boosting small biz

August 7, 2024  |  Tommy Felts

Dan Smith and Charon Thompson at the grand opening celebration for The Porter House KC's 811 Retail Incubator; photo by Nikki Overfelt Chifalu, Startland News

Another round of financial support from the Missouri Technology Corporation proves state economic development leaders understand that innovation also runs along main street, said Dan Smith.

The Porter House KC’s 811 Retail Incubator at 811 E. 31st St.; photo by Taylor Wilmore, Startland News

The Porter House KC — which just opened its 811 Retail Incubator in late July — is among seven entities just awarded a total of $1.8 million in Physical Infrastructure grants from MTC. The program seeks to ensure Missouri entrepreneurs have access to the physical infrastructure and resources required to launch and grow their businesses.

Individual funding totals are not disclosed by the grants program.

MTC is showing its commitment to small businesses across the state, and its desire to support innovation,” said Smith, co-founder of PHKC, which operates the new 811 Retail Incubator as a storefront for emerging retail-focused entrepreneurs who are not yet able to jump into a standalone space of their own.

RELATED: Resilience pays off as retail incubator opens doors; Meet the first featured founders at PHKC

Funds allotted to the incubator from MTC are expected to help hire two part-time employees and power the renovation of the nonprofit’s backyard space at 811 E. 31st St. Once completed, the backyard will be used for year-round programming, pop-ups, and event rentals.

The Porter House KC was a member of the Physical Infrastructure grants’ pilot program in 2023, which helped launch the second phase of construction for the 811 Retail Incubator near Kansas City’s east side.

“The feeling is unimaginable,” Smith said of MTC’s ongoing support. “We are so blessed to be able to be in a position to apply for and receive these funds.”

RELATED: MTC just awarded $2.6M in investments; three KC tech startups earn state backing

The Porter House KC serves early stage entrepreneurs and businesses that are attempting to launch or expand, but have been halted or delayed by the need for greater education or more resources.

The incubator space already is home to four local retailers: CRWND Illustrations, Someday Sunday, KC Thrift Tours, and Weirdo Nailz. Four more spots within the space are still available for rent to entrepreneurs who might be a good fit for the project.

Keliah Smith, CRWND Illustrations; photo by Nikki Overfelt Chifalu, Startland News

In addition to building out the space, the project has pushed leaders at The Porter House KC to further develop their own “patience IQ,” Smith said, noting a mix of out-of-their-control challenges and new opportunities created by opening the nonprofit’s first truly public-facing space.

In addition to PHKC’s 811 Retail Incubator, projects receiving funding included:

Click here for more details on awardees and their funded initiatives.

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

    KCRise Fund-backed startup secures $20M Series C, fueling its commitment to KC

    By Tommy Felts | April 9, 2024

    A Texas-based caregiver support platform’s latest funding round is expected accelerate the company’s growth and expand its support solutions, said CEO Michael Walsh, noting the startup continues to deepen ties to Kansas City. Cariloop today announced the close of its Series C funding round, raising $20 million. The investment was led by ABS Capital with…

    Dude Perfect flips from YouTube to IRL with $100M investment from Kansas firm

    By Tommy Felts | April 9, 2024

    WICHITA, Kansas — With more than 16 billion views on their YouTube channel, 60 million subscribers, and major brand deals already established, the team behind the family-friendly sports and entertainment group Dude Perfect is poised for even greater impact with fans, said Jason Illian. Highmount Capital today announced a strategic partnership with Dude Perfect —…

    Curated to the core: How a chaplain-turned-entrepreneur is elevating streetwear to boost KC nonprofits

    By Tommy Felts | April 5, 2024

    In a world of loud statement tees, sometimes the most impactful messages are quietly sewn into the tag, said Makenzy Jean, whose Kansas City-based apparel company partners with local nonprofits on brand-merging designs that give back to their community causes. “Streetwear is from the streets,” said Jean, founder of Associated Humanity and a former chaplain.…

    After east side restaurant closes, KC Cajun drives back to its food truck roots, cooking up a new market

    By Tommy Felts | April 5, 2024

    Esra England is hitting the streets again, he shared. The head chef and founder of KC Cajun recently closed his fixed location on the east side, and is returning to the food truck and catering strategy that gave him his start. “It was a good learning experience,” England explained. “But with the overhead of trying…