Investors
Survey dissects area investors’ challenges, interests with startup deals
A recent survey of high-net-worth investors in the Kansas City area has found that most could benefit from independent due diligence and improved communication with other investors. The survey — conducted by KCSourceLink and the Alternative Investment Forum spoke with 80 area investors about their activities in early-stage investment. Mark Meyerdirk, founder of the Alternative…
Bipartisan support sends Kansas’ angel tax credits to governor’s desk
After months of lobbying Kansas lawmakers, Kansas City area entrepreneurs are celebrating a legislative victory Monday that will extend a popular tax credit program for five more years. While now awaiting Gov. Sam Brownback’s signature, Kansas Senate Bill 149 will extend the life of the Angel Investor Tax Credits program through 2021. The $6 million…
The Collective Funds targets Kansas City startups with $10M
The Collective Funds — a new venture capital group in Kansas City — will be exclusively targeting early-stage firms in the area starting as early as this summer. Led by four Kansas City entrepreneurs, the $10 million fund aims to fill an area funding gap as well as inspire a cultural shift among…
Kansas City’s Five Elms injects $4M in Omaha startup
Kansas City-based Five Elms Capital recently led a round of financing for an Omaha blog-hosting startup. Five Elms led a $4 million round for Flywheel, allowing the startup to add features to its platform for designers and agencies, as well as beef up marketing and sales operations. Linseed Capital and the Nebraska Angels, a network…
Infographic: Impact of the Kansas Angel Investor Tax Credits
Facing a massive budgetary crisis, the State of Kansas may be placing the Kansas Angel Investor Tax Credit program on the chopping block. The popular program — tapped by more than 300 startups in its 11 years — has had a tremendous impact on the area startup community but is scheduled to sunset after 2016. Since…
