Kansas City is home to the Kauffman Foundation, a $2 billion organization dedicated entirely to research and funding of entrepreneurial efforts. And beginning February, entrepreneurs will descend upon the city in KC’s version of a startup incubator: Kauffman Labs, which is paying entrepreneurs for up to six months while they build out their startups. But while the city hosts several of Kauffman's offspring--and there is an emerging angel investment community that's being activated to support homegrown talent--it isn't yet a hotbed of startup activity.
Bo Fishback, who runs Kauffman Labs, told us about the Kauffman legacy and why Kansas City’s budding entrepreneurial ecosystem has long-term potential.
The State of Kansas is one of the major reasons that entrepreneurs have found Kansas City attractive. 24 years ago the Kansas Technology Enterpreise Corporation (KTEC) was created and stil remains one of the best Innovation Based Economic Development organoizations in the country. KTEC helped support the creation of the Kansas Biosciencience Authority (KBA) which is one of the most uniquely funded Bioscience economic development programs in the Country.Also the Pipeline entrepreneurial support program has become one of the best in the Country in only three short years.These organizations plus those mentioned in the article make the Kansas City Region a great Silicon Prairie" and an excellent place to start and grow your business....................Rich Bendis, was the first Chairaman of the Board and former CEO of KTEC, and still maintains a home in Overland Park, Kansas.
To read the full, original article click on this link: Why You Should Start a Company in... Kansas City | Fast Company
Author: Laura Rich