Government

EDCKC celebrates leaders who transformed KCMO through equitable development projects

By Tommy Felts / May 16, 2024

Reshaping Kansas City doesn’t come without focused, intentional efforts by development advocates and officials, said Mayor Quinton Lucas, offering a toast to one of his city hall predecessors and her work to revitalize the heart of the city. “​​Many of us are blessed to remember Mayor Kay Barnes thinking about what downtown could be, and…

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

By Tommy Felts / May 8, 2024

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…

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Tesseract Ventures developing SWARM drone technology for US Special Operations Forces

By Tommy Felts / May 2, 2024

A just-announced contract with the U.S. military will fund the development of an Overland Park company’s next-generation warfare drone, said founder and robotics technologist John Boucard. The SWARM (Special Warfighter Assistive Robotic Machine) is set to revolutionize military operations by offering a new, much-needed capability: a highly versatile nano drone equipped with smart payload and…

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Jeff Rohr, SquareOffs

MTC hits $50M investment milestone through its state-sponsored venture capital program

By Tommy Felts / April 30, 2024

JEFFERSON CITY, Missouri — A Show-Me State program launched a decade ago to drive economic development in Missouri and support tech founders has surpassed $50 million in equity-based investments for nearly 160 Missouri-based technology startups. The Missouri Technology Corporation announced the milestone Tuesday, lauding its Innovation, Development, and Entrepreneurial Advancement (IDEA) Fund for impact that…

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Here’s how five urban renewal projects could transform blighted areas across KCMO

By Tommy Felts / April 24, 2024

A new film studio incubator coming to Troost Avenue. The evolution of the former Marlborough Elementary School. Adapting a towering, historic downtown building for modern needs. This series of revitalization projects involving blighted properties heralds a new era of growth and prosperity for Kansas City, said Dan Moye, noting each newly funded urban renewal initiative…

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