KC BioHub leaders refining plan after $75M Tech Hubs proposal fails initial test

July 2, 2024  |  Startland News Staff

Melissa Roberts Chapman, the KC BioHub’s acting regional innovation officer, delivers remarks in March at a Tech Hubs celebration event at Boulevard Brewing marking Kansas City's funding submission; photo by Nikki Overfelt Chifalu, Startland News

A massive regional initiative to secure federal funds for Kansas City’s burgeoning Tech Hub failed to win approval, BioNexus KC officials announced Tuesday, with advocates lauding organizers’ efforts and pledging to continue their push.

KCMO Mayor Quinton Lucas speaks at Union Station in Kansas City during a ceremonial Tech Hubs announcement in October; photo courtesy of U.S. Sen. Jerry Moran’s office

The KC BioHub was seeking funding Phase II funding from the Economic Development Administration (EDA) Tech Hubs competition — a process that began publicly in fall 2022, culminating with a funding submission in March.

ICYMI: KC requests $75M in federal funds as region’s Tech Hubs effort builds even more momentum

“We are proud of the work accomplished by our team and partners in preparing for this highly competitive process,” said Melissa Roberts Chapman, acting regional innovation officer for the KC BioHub. “The KC BioHub initiative has demonstrated the strength and potential of Kansas City’s innovation community, and we remain dedicated to pursuing other opportunities to advance our goals.”

Despite the just-announced outcome, the KC BioHub Consortium — with 110-plus member organizations —  remains steadfast in its commitment to this work and will reapply in February 2025, Roberts Chapman and other regional leaders said. The Tech Hubs competition, part of the Biden-Harris Administration’s efforts to stimulate technological advancements across the United States, entailed a rigorous selection process.

Click here to see which Tech Hubs just earned Phase II funding.

ICYMI: KC officially earns title of ‘Tech Hub,’ opening door to massive federal grant funding

Dennis Ridenour, president and CEO of BioNexus KC, speaks to members of the KC BioHub consortium during an event celebrating the initiative’s application for Tech Hubs Phase 2 funding from the federal government; photo by Taylor Wilmore, Startland News

“There has been a palpable energy for this effort since being awarded Phase I in October 2023, and we believe it served as a uniquely unifying opportunity for the Kansas City region,” said Dennis Ridenour, CEO of BioNexus KC. “This effort brought together research institutions, community colleges, small businesses, economic development agencies, local governments, elected officials, investors, workforce organizations, philanthropy, and life sciences industry in a truly remarkable collaboration.”

Roberts Chapman emphasized more work to come as the KC BioHub readies for its next funding opportunities.

“While we are obviously disappointed, we continue to be energized by the proposed work we put forward and the excitement it has brought to our region’s life sciences ecosystem,” she said in a message to supporters of the initiative.

 “We extend our congratulations to the Tech Hubs that received funding in this round and look forward to future collaborations and opportunities to showcase the KC Region’s strengths,” Roberts Chapman continued. “Remember, we are still one of 31 EDA-designated Tech Hubs. Today’s news does not change our status or our ambition.”

In the coming weeks and months, she added, the consortium plans to refine and resubmit its proposal — noting the KC BioHub is eligible to do so on Feb. 28, 2025.

Click here to learn more about the KC BioHub.

startland-tip-jar

TIP JAR

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

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    Events Preview: Pipeline IOTY

    By Tommy Felts | January 14, 2016

    There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Intentional Collisions When: January 20 @ 9:00 am – 4:30 pm Where: Sprint Accelerator Once a month, the Sprint Accelerator organizes a…

    Amid success, the Kansas City Startup Village is shrinking

    By Tommy Felts | January 14, 2016

    It’s Nov. 13, 2012, and Kansas City’s Spring Valley neighborhood is in a frenzy. TV vans line the streets near 4454 State Line Road, the first house to receive Google’s ultra fast Internet service in the Kansas City, Kan. neighborhood. Reporters jockey for access to a handful of entrepreneurs and techies that moved to area…

    Regional Roundup

    Why coastal investors ignore the Midwest and what’s next for federal startup policy

    By Tommy Felts | January 14, 2016

    Here are this week’s watercooler conversation-starters on why inland states struggle to find funding, coming issues in federal entrepreneurship policy and the success of innovation districts that are cropping up around the U.S. (and in Kansas City).  More in this series here. International Business Times: Finding venture capital far from the coasts Of the $48.3…

    Ebb and flow: The Kansas City Startup Village by the numbers

    By Tommy Felts | January 14, 2016

    Startland News created an infographic on the growth and shrinkage of the Kansas City Startup Village since its 2012 founding. Here’s a colorful interpretation of its ebb and flow, as presented by Startland’s Kat Hungerford. Read more about the KCSV’s history, successes and possible future here.