Funding Stories
Marsha Willis joins Facebook accelerator to boost 30K-strong community of Black-owned businesses, supporters
Marsha Willis’ decade-long journey of supporting Kansas City-based, Black-owned businesses is headed to the next level — thanks to a funding infusion from Facebook and Willis’ own focused commitment to providing elevated experiences to the online community she’s built. “Our focus is to create a centralized place where we can share resources and education for…
10 finalists vying for ‘Fan Favorite’ in AltCap Your Biz competition; Here’s how to vote
AltCap’s marquee GEWKC competition for emerging entrepreneurs is returning in November, but fans of the businesses can cast votes now to determine a $2,500 “fan favorite” winner at the coming pitch event. Ten finalists for the AltCap Your Biz competition were announced this week. The live pitch day is set for Nov. 17 at iWerx…
Troost capital project hits $15M goal; 2023 completion expected to address ‘blight at the heart’ of trauma in KC
Reconciliation Services recently crossed the finish line of a $14.9 million capital campaign to breathe new life into its aging homebase at one of Kansas City’s most bustling intersections, said Father Justin Mathews. “We were able to complete the $15 million raise in approximately 18 months, which is a tribute to the generosity of Kansas…
LaunchKC finalists: Meet 13 tech startups vying for six $50K grants in rebooted competition
A revived LaunchKC grants competition is set to return in mid-November with more than a dozen companies vying for $300,000 in non-dilutive funding. Finalists were announced Friday. The 13 Kansas City companies selected to compete Nov. 15 were narrowed from more than 90 applicants, said Becca Castro, strategic initiatives manager at the Economic Development Corporation…
KC firm invests $56M in LGTB+ owned 10KC to reimagine a more inclusive workplace (that employees won’t want to leave)
A funding infusion from a leading Kansas City venture capital firm comes at a critical time as employees struggle to connect in a hybrid work world, said Ten Thousand Coffees (10KC), announcing its first institutional raise since the company’s 2014 formation in Toronto. Originally bootstrapped, 10KC will use the $56 million investment from Five Elms…
