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

        Letter to the editor: What are Kansas City startups doing to connect with universities?

        By Tommy Felts | February 5, 2016

        Editor’s note: The following letter was submitted to Startland News by Ben Williams, assistant director of the Regnier Institute for Entrepreneurship and Innovation at the University of Missouri-Kansas City. The letter is in response to Startland Community Builder Adam Arredondo’s open letter to area universities on their engagement with the entrepreneurial community. Dear Adam, I’ve…

        Key legislator optimistic in the future of Kansas’ angel tax credits

        By Tommy Felts | February 5, 2016

        A Kansas lawmaker overseeing discussion on the future of the state’s angel investor tax credits is confident the program will be made a budgetary priority by his peers in legislature. Rep. Marvin Kleeb, R-Overland Park, said that he and fellow members of the Kansas Committee on Taxation listened to thorough testimony Wednesday during a hearing…

        5 reasons your startup isn’t attracting investors

        By Tommy Felts | February 4, 2016

        Last week, Techstars managing director John Fein told us that one of the main complaints he hears from Kansas City investors is that there aren’t enough fundable startups. Investors may be right, but it’s not necessarily a lack of good ideas. Today, Kansas City investors are looking for more than the next big idea: they’re…

        Unimpeded support for Kansas’ angel tax credits floods Topeka

        By Tommy Felts | February 4, 2016

        It appears area entrepreneurs and business leaders are unanimously agreed on at least one thing: Kansas’ Angel Investment Tax Credit program must endure. About a dozen people converged on Kansas Legislature Wednesday to voice unopposed support of the program, which has spurred significant growth in Kansas’ tech and bioscience sectors. The program — as represented…