‘Proud capitalist’ to young social entrepreneurs: It’s OK to make a buck while saving the world

Darcy Howe encouraged budding, would-be founders to think about ways they can effectively scale their mission-driven ideas, drawing on KCRise Fund’s model for social entrepreneurship. “Being socially mission-driven is not mutually exclusive to making money,” Howe, founder and managing director of KCRise Fund, told Enactus students gathered Tuesday during an end-of-year celebration for the University…

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Founders earn innovation, Business Hall of Fame honors from Junior Achievement

Carlos Antequera’s business roots run deep, he told a crowd gathered for his induction into Junior Achievement’s Business Hall of Fame, noting inspiration and impact from his time assisting his grandmother in her convenience store in Bolivia to current-day collaborators in Kansas City. “I’ve been very fortunate in my entrepreneurial journey to have been surrounded…

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After exit: How Rx Savings Solutions’ $875M sale could mean opportunity for KC (even if details aren’t yet clear)

The years after a headline-grabbing acquisition can mean a “jump ball” for the ecosystem where the startup was grown, said Jeff Hornsby, acknowledging the various outcomes ahead when a hometown company gets new owners. Possibilities range from massive community reinvestment to staffing reductions and all-out relocation, though such moves aren’t mutually exclusive. “They may say…

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KC, Wichita investors, new backers boost Novel Capital’s efforts to break down funding barriers

Additional funders have joined a seed extension round to help Novel Capital accelerate growth for B2B predictable revenue companies, the company announced Monday, noting further investment by KCRise Fund and Wichita-based Tenzing Capital. Novel Capital’s latest funding round was led by Ulu Ventures, with additional participation from MatterScale and Edovate Capital, as well as its…

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