KU Innovation Park launches Oread Angel Investors network to boost Jayhawk startups
September 30, 2024 | Startland News Staff
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.
LAWRENCE — A newly announced angel investor network is expected to support high-growth tech and bioscience startups linked to the University of Kansas, said Adam Courtney, opening greater access to capital for companies aligned with the rapidly expanding KU Innovation Park.
Adam Courtney, KU Innovation Park
“The launch of the Oread Angel Investors network is a significant new step in the Park’s mission to create, recruit, grow and retain technology and bioscience businesses in our region,” said Courtney, CEO of KU Innovation Park, which sits just off campus in Lawrence. “Our partners from across KU will help bring this initiative to life and provide vital support to boost our entrepreneurial efforts in the region.”
The network is intended to create connections with alumni, faculty and friends who are engaged with the university to invest in KU-affiliated startups. The membership-based network allows startups to regularly present investment opportunities to prospective investors. Angels do not commit to a specific fund through the model, but instead make individual investment decisions.
Click here to explore funding and investment offerings through the network.
Angels are typically among the first to invest in a new business, offering not just capital but expertise, mentorship and industry connections, Courtney said.
The KU Innovation Park team will provide company sourcing, screening and due diligence, member recruitment, event management and communications to members.
Chris Rehkamp, KU Innovation Park; Startland News photo
“The angel network will engage the extensive alumni community and create new opportunities to invest during the critical early stage for KU-affiliated startups,” said Chris Rehkamp, director of business services for the KU Innovation Park. “This network will provide crucial funding, invaluable mentorship and resources to help startups thrive.”
ICYMI: KU Innovation Park hires former Tech Venture Studio leader to support its entrepreneurs
A grant from the Kansas Department of Commerce supported the development of the angel network. The KU Innovation Park is working in partnership with the University of Kansas, the KU Alumni Association and the Digital Health Co/Lab at KU, among others, to amplify the network’s reach and impact.
The KU Innovation Park is a nonprofit economic development organization and business incubator in Lawrence that already is home to more than 70 companies — including Icorium, InnovaPrep, and Invary (one of Startland News’ Kansas City Startups to Watch in 2024) — that employ 730 people, supporting an annual payroll of $48.5 million.
Click here to learn more about the portfolio of businesses at KU Innovation Park.
It works toward building a more modern, resilient and diverse regional economy for Lawrence, Douglas County and the state of Kansas. A public-private partnership, the KU Innovation Park has four founding partners – Douglas County, the City of Lawrence, the Chamber of Lawrence and the University of Kansas.
This story is made possible by Entrepreneurial Growth Ventures.
Entrepreneurial Growth Ventures (EGV) is a business unit of NetWork Kansas supporting innovative, high-growth entrepreneurs in the State of Kansas. NetWork Kansas promotes an entrepreneurial environment by connecting entrepreneurs and small business owners with the expertise, education and economic resources they need to succeed.
Featured Business
2024 Startups to Watch
stats here
Related Posts on Startland News
Founder earns Pipeline’s ‘best pitch,’ says network’s lifelong support is the real award
Pipeline judges announced Megan O’Rear had the best pitch Thursday, but the Celerity Enterprises founder was left momentarily speechless when they named her winner of the group’s annual showcase and competition. “It just validates coming back to Kansas City,” said O’Rear, who also serves as the startup’s CEO. “Pipeline wants to help everybody that they…
KC Chamber’s Superstars celebration empowers everyday small business heroes
Editor’s note: The Greater Kansas City Chamber of Commerce is a non-financial partner of Startland News, which serves as the media partner for the Small Business Superstars program. The Blueprint KC has come a long way, said Sheraz Pompey, emphasizing the meaningful impact of being showcased as one of the KC Chamber’s Small Business Superstars.…
Davids’ effort to level the playing field for Native entrepreneurs passes US House, moving to Senate
Legislation meant to address entrepreneurship challenges specific to Native and tribal business owners advanced in the U.S. Congress this week, with a Kansas City lawmaker championing the effort to bring equity to an overlooked corner of the small business community. “In Indian Country, Native-owned businesses employ over 300,000 Americans and are vital drivers of our…
KC Tech Council launches initiative for young women in tech, backed by Meta, Panasonic
A new strategic program from the KC Tech Council is designed to empower and equip female-identifying students entering their junior (class of 2026) and senior (class of 2025) years of high school with tech exposure, career guidance, leadership opportunities, and invaluable mentorship. The LEGiT KC program (Leadership and Empowerment for Girls in Tech), sponsored by…