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

    Kansas City; photo courtesy of Midwest + Startups

    New ranking: How KC can break into the Top 10 Midwest startup cities (and why it hasn’t yet)

    By Tommy Felts | August 18, 2021

    A freshly released ranking of Midwest startup hubs shows Kansas City maintaining its years-long position at No. 12, but warns — despite a few recent headline-grabbing wins — the metro faces the threat of stagnation without increased activity, startup reinvestment and government support. “You had to get more funding and big exits just to stay…

    Blakk men are more than what you see on the 9 o’clock news, says members-only social club

    By Tommy Felts | August 17, 2021

    Defining what it means to be a Black man is among the most important goals for a newly opened Midtown gentlemen’s club, Christina Williams explained, offering insight into what men of color are raised and called to be — but that society has often twisted into something unfair.  “It has nothing to do with color. It’s…

    Carlanda McKinney, Bodify

    Bodify joins Tulsa accelerator with $70K investment, ‘knocking down a lot of dominoes’

    By Tommy Felts | August 14, 2021

    One of Kansas City’s most tenacious founders is in the midst of an intensive, six-month accelerator aimed at bringing her fashion tech startup to revenue without decreasing her ownership stake in the company. “Follow-on investment is nice, but you don’t have a company without revenue,” said Carlanda McKinney, founder and CEO of Bodify. “For me,…

    Image courtesy of Generation Esports

    Esports orgs target more diversity in gaming; Mayor Q to join weekend ‘Among Us’ stream to boost message

    By Tommy Felts | August 13, 2021

    Two Kansas City esports organizations are uniting behind one jersey to help make the rapidly expanding online gaming community more accessible to students in Title 1 schools across Missouri. “Esports brings kids together who might not otherwise have the chance to be a part of a broader community,” said Mason Mullenioux, CEO of Generation Esports…