Funding

Crowdfunding investment helps fan favorite food cart revive second-chance entrepreneur’s outlook

After spending a decade in prison, owning her own catering business has given Stephanie Blaco a new purpose in life, she shared, and a new small business crowdfunding platform is giving her the opportunity — when others wouldn’t — to scale up. “That’s what I believe has kept me out of prison,” the Mixing Bowl…

MTC’s spring $1.4M investment cycle loops Facility Ally, DevStride into equity deals 

Two Kansas City startups are among a handful of Missouri companies receiving a collective $1.4 million in investment allocations through a state-sponsored venture capital program. Facility Ally, led by serial entrepreneur Luke Wade; and DevStride, co-founded by Phil Reynolds, Chastin Reynolds, Aaron Saloff and Kujtim Hoxha; must now complete the Missouri Technology Corporation’s due diligence process…

One last push: Doula bootcamp founder wins PHKC’s $10K pitch after setting due date for success

James Hogue gave himself a deadline: score a big win for his fledgling nonprofit by May 1 or pursue another career. On April 30, he earned the validation he needed — winning The Porter House KC’s Pitch Night and a $10,000 cash prize. “Today’s the day right before May, and so the opportunity for us…

Bardavon’s latest funding round gets a KC boost, supports Recovery+ new product rollout

A transformative product release from one of Kansas City’s leading healthtech companies coincides with a meaningful funding round — marking a new chapter in workers’ compensation, as well as for Bardavon’s recently announced new CEO, the company said. Financial details of the round — led by WestCap and NewRoad Capital Partners, with participation from KCRise Fund…

Kauffman Foundation revises funding priorities to three key areas, sharing first public details of its new strategic focus

A refreshed vision for the Ewing Marion Kauffman Foundation aims to make Kansas City a national model for equitable economic mobility, dismantling systemic barriers and setting generations of historically under-resourced communities on the path to prosperity, according to just-released details from the influential organization. Updates to the Kauffman Foundation’s strategy come after the summer 2023…