Greitens eyes private investment dollars to fill MTC budget gap

A new, privately-managed innovation fund could replace a popular startup investment program that was dramatically slashed for 2018 amid Missouri’s budget crunch. The potential strategy change comes as a suggestion from the Hawthorn Foundation’s report to Missouri Gov. Eric Greitens, following the months-long work of an innovation task force charged with assessing the current state…

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Greitens’ budget cuts ding Missouri, KC entrepreneurship efforts

A series of state budget cuts by Missouri Gov. Eric Greitens will directly impact Kansas City entrepreneurship. The sweeping $146.4 million rollback of the Show Me State’s budget will cut funds from both the University of Missouri-Kansas City’s Free Enterprise Center and Missouri Technology Corporation. Greitens’ plan will cut about $3.3 million from the enterprise…

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Timely funding opportunities for Kansas City startups

Despite Kansas City’s recognition as a tech hub, its variety of incubator programs and array of successful startup ventures, the metro’s entrepreneurial ecosystem is still trying to fill the money gap. How can the community ensure that entrepreneurs have access the capital they need? Well, as KCSourceLink knows well, appropriate funding resources vary widely depending…

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Digital Sandbox expands to Independence, Mo.

Digital Sandbox KC is expanding into more surrounding Kansas City suburbs. The business incubator has partnered with the City of Independence and the Independence Economic Development Council to help early-stage entrepreneurs grow their businesses in the municipal directly east of Kansas City. Digital Sandbox — which provides up to $25,000 to area businesses for specific projects…

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Nixon announces $1.2M in grants to KC programs

Missouri Gov. Jay Nixon made an appearance at Techweek Thursday to announce $1.19 million in grants to three Kansas City organizations through the Missouri Technology Corporation. Of the $1.19 million, $565,000 is going to LaunchKC, $500,000 is going to the Digital Sandbox KC and $125,000 is going to the Independence Economic Development Council. The 2016 Missouri…

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