Entrepreneurial foundation names local ‘startup champion’ as director

By Tommy Felts | April 26, 2016

The Kansas City Startup Foundation’s year-long search for a new executive director ended right where it began. The foundation — whose mission is to unify Kansas City’s startup and entrepreneur community — recently hired Matthew Marcus as its executive director. Marcus, who most recently served as the foundation’s chairman, will begin his tenure in May. “It’s…

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Kansas’ angel tax credits score first victory but hurdles remain

By Tommy Felts | March 18, 2016

A bill extending Kansas’ popular Angel Investor Tax Credits scored its first victory Thursday, but legislators must make quick work of the measure if the program is to survive. The Kansas House Committee on Taxation unanimously approved a measure to continue the program, which offers accredited investors a tax credit of up to $50,000 on…

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Unimpeded support for Kansas’ angel tax credits floods Topeka

By Tommy Felts | February 4, 2016

It appears area entrepreneurs and business leaders are unanimously agreed on at least one thing: Kansas’ Angel Investment Tax Credit program must endure. About a dozen people converged on Kansas Legislature Wednesday to voice unopposed support of the program, which has spurred significant growth in Kansas’ tech and bioscience sectors. The program — as represented…

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Is 2016 the last year for Kansas’ angel tax credits?

By Tommy Felts | January 26, 2016

A popular investor tax credit program in Kansas is likely to sunset after 2016 thanks in part to a budgetary crisis that’s forcing the Sunflower State to broadly tighten its financial belt. Launched in 2005, Kansas Angel Investor Tax Credit Program offers a 50 percent income tax credit to qualified angel investors that invest up…

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