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

    Neelima Parasker, SnapIT Solutions, speaks during an announcement event with WSU Tech and Groover Labs in Wichita; photo courtesy of WSU Tech

    She’s on a mission to boost the region’s tech talent; SnapIT’s new office in Wichita is the next step

    By Tommy Felts | January 14, 2022

    Overland Park-based SnapIT Solutions has expanded its promise to deliver high-quality technology job training and educational services into Wichita, Neelima Parasker said, detailing a new partnership between the information technology firm and Wichita State University.  “The IT side of the tech industry is now more in demand than ever. … I want to maximize Kansas’…

    Michael Odupitan, Omni Circle Group, speaking at a grant announcement event at Omni Circle's in-the-works collaborative workspace

    Kauffman awards Omni Circle $360K grant to help build minority small business hub

    By Tommy Felts | January 13, 2022

    Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro. This series is possible thanks to the Ewing Marion Kauffman Foundation, which leads a collaborative, nationwide effort to identify and remove large and small barriers to new business creation. Editor’s…

    Vu Radley, Made Mobb

    MADE MOBB remix: How the KC streetwear kings’ Chiefs collab takes their grind to the gridiron

    By Tommy Felts | January 13, 2022

    The postseason pairing of Kansas City’s premier streetwear brand and its most celebrated sports franchise is a dream come true — one years in the making for longtime fans and co-founders Vu Radley and Mark Launiu. “I’m glad it happened now, because after nine years of doing this, we are ready,” said Radley, describing MADE…

    Johnny Wolff, HomeRoom

    HomeRoom closes $1M pre-seed, joining Y Combinator’s latest batch of funded startups 

    By Tommy Felts | January 12, 2022

    A Kansas City proptech startup that matches roommates with affordable coliving opportunities is reporting record growth, along with a newly announced million-dollar pre-seed funding round led by a leading early stage investor. The investment from Y Combinator, The Uplift Syndicate and The HO0 Fund is expected to help HomeRoom — a residential real estate marketplace that…