K-State awarded $500K state grant to boost border-to-border innovation, entrepreneurship

November 7, 2024  |  Startland News Staff

Aerial view of Kansas State University in Manhattan, Kansas; photo courtesy of K-State

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. 

MANHATTAN, Kansas — A newly launched grant program is expected to help Kansas’ six state universities accelerate innovation activities within the world of higher education. At Kansas State University, a $500,000 tranche of funding will mean greater corporate engagement and a new “front door” for connecting businesses to campus-linked resources.

Marshall Stewart, Kansas State University

“Last year, K-State added $2.3 billion into the state’s economy,” said Marshall Stewart, executive vice president for external engagement and chief of staff at Kansas State University. “This grant will allow us to elevate our ongoing efforts to strengthen the university’s approach to technology transfer, commercialization and corporate engagement, and that number will only continue to grow.”

The Kansas Fostering Opportunities for Research, Growth and Entrepreneurship (FORGE) program was launched earlier this year by the Kansas Department of Commerce as a pilot initiative to bridge the gap between academia and industry, ensuring that groundbreaking research within the universities translates into new wealth creation in Kansas.

“FORGE seeks to propel economic growth and solidify Kansas as a national leader in innovation,” the Commerce department said in a statement to Startland News. “The program supports projects that directly boost technology commercialization, strengthen university-industry partnerships, launch faculty and student ventures, and expand industry access to university resources by creating front doors for business at Kansas universities.”

All six universities submitted proposals focused on identifying and strengthening their role within Kansas’ innovation ecosystem, and were awarded grants ranging from $350,000 to $500,000.

A grant for the University of Kansas and KU Innovation Park was announced in August.

ICYMI: $500K state grant bolsters KU’s startup ecosystem; here’s what KU Innovation Park is launching with the funds

Projects at universities across the state ranged from enhancing services for businesses and entrepreneurs, to addressing the lack of support and education for entrepreneurs seeking to grow or sustain their businesses and creating new offices within universities to improve technology transfer and corporate engagement capabilities.

K-State’s funding also will be used to develop virtual resources, including a database and guide for Kansas companies, according to the university.

The project directly supports the Next-Gen K-State strategic plan and the university’s Economic Prosperity Plan, which aims to bring 3,000 new jobs and $3 billion in direct investment to the state of Kansas by 2029, K-State said.

It also aligns with the Kansas Board of Regents’ Building a Future strategic plan for Kansas and the Kansas Department of Commerce’s Kansas Framework for Growth.

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.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged ,
Featured Business
    Featured Founder

      2024 Startups to Watch

        stats here

        Related Posts on Startland News

        SPN report: KC underperformed on venture deals by $100M in 2018, despite cool jobs and connectivity

        By Tommy Felts | February 7, 2019

        Google Fiber infrastructure and cool tech jobs alone aren’t enough to power a vibrant startup ecosystem rich with venture-backed investments, according to a new report that takes a critical look at Kansas City’s place within the Midwest economy. “The [Kansas City] community boasts the fastest broadband speed and is competitive in most of the other…

        CB Insights KCRise

        CB Insights calls KCRise most active VC in Kansas; Fund credits work of small team, innovative portfolio startups

        By Tommy Felts | February 7, 2019

        Kansans don’t fear hard work, said Darcy Howe. An investment in such a mindset has come with big returns for the KCRise Fund, newly proclaimed the most active venture capital fund in the Sunflower State, according to CB Insights. “Perhaps overused but Margaret Mead’s quote, ‘Never doubt that a small group of thoughtful, committed citizens…

        Overland Park-based CAPS education network launching cross-cultural program in India

        By Tommy Felts | February 6, 2019

        The Center for Advanced Professional Studies’ (CAPS) first international affiliate program in India has the potential to break down geographic barriers to provide students with exposure to real workplace experiences on a global stage, said Corey Mohn. “I think [the American School of Bombay] is really the perfect partner to get started with,” said Mohn,…

        Bo Lais, Lula

        New $750K investment round for Lula comes with partner in apartment management

        By Tommy Felts | February 5, 2019

        Closing a $750,000 seed round is even more impactful with a strategic partner like Worcester Investments, said Lula founder Bo Lais. “We did have three other private investors, that were minority investors with two of them local, but it’s [become] more than just investment with [with Worcester],” said Lais, CEO of the Overland Park-based home…