A Kansas State University business development program is awarding more than $100,000 in grants to Kansas startups.
Through K-State LAB — which stands for “launching a business” — participants will receive business lessons, face-to-face mentoring and access to market research. Launched in 2014, the program aims to connect entrepreneurs with the right people so that they can grow their ventures, director of the Kansas State center for the advancement of entrepreneurship Chad Jackson said.
“The Launch a Business program allows us to share our expertise with the community,” Jackson said in a release. “Our faculty, alumni and students are incredible resources, and we are excited to ask them to volunteer to support the next great startup ventures. We are grateful to KS State Bank for making this possible.”
Eligible startups must be based in Kansas, innovative, scalable and not have raised outside funding. Kansas City area startups including AEGLE Palette, Alvoru Clothing and Acre Designs were among the local firms that have participated in the program.
10 promising startups will be selected into the one month program, which will begin May 25 and culminate with a demo day in June. This year, the program will accept an additional five entrepreneurs who are K-State faculty or graduate students.
Applications will open March 1. For more information, visit the K-State LAB website.