UMKC Innovation Center partners with the university and the community to spark and sustain entrepreneurial efforts within our region and across the country.

KCSourceLink connects KC entrepreneurs to the right resource at the right time.

MOSourceLink connects Missouri entrepreneurs to the right resource at the right time.

Whiteboard2Boardroom connects entrepreneurs and businesses to technologies available for licensing.

Digital Sandbox KC provides early-stage proof-of-concept support for digital products.

Missouri Small Business & Technology Development Center provides technical assistance to startup and existing businesses.

ScaleUP! Kansas City helps businesses with revenues around $200K scale toward their first $1 million.

Missouri Procurement Technical Assistance Centers helps local businesses obtain government contracts.

KCInvestED helps investors learn more about investing in KC startups.

SourceLink® helps communities nationwide build vibrant and vital entrepreneurial ecosystems.
UMKC Innovation Center
UMKC Innovation Center

Guide: Loans, Grants and Equity Funding  Part Eight

Venture Capital

Venture capitalists (or VCs) usually make their capital investments later in the business cycle (after another investment). They exchange their investment and their expertise for a significant portion of the company’s ownership and significant control over company decisions.

Before you approach a VC firm, ask yourself and your partners these questions:

  • Am I willing to give up some amount of ownership and control of my company?
  • Can I demonstrate that my company is likely to realize significant revenues and earnings in the next 3-7 years?
  • Can I demonstrate that my company will produce a significant return for investors?
  • Am I willing to take the advice from investors and accept board of director decisions I may not always agree with?
  • Do I have an exit plan for the company that may mean I’m not involved in 3-7 years?

    You’ll need to follow those answers with a solid business plan and an executive summary that includes:

  • Financial overview for at least three years out
  • Sales and marketing plans
  • Three-to-five year goals and your action steps to get there
  • Exit strategy

You may also find Funding Stage Definitions helpful in determining what types of investors to approach.

You only get one chance to make a first impression. We highly recommend working with one of the resources below on pitch prep and selecting the right investment group. Not sure where to turn? Call KCSourceLink at 815-235-6500.

Who Can Help?

Provider Information

ArtsKC - Regional Arts Council

ArtsKC has developed programs and services designed to “unleash the power of the arts.” This includes programs for the arts community, the business community, and services to the civic community. Each specific program or service we provide to artists, arts organizations or the community at large was developed to address a need within our local arts ecology. ArtsKC continually assesses and adjusts our services to respond to the needs of our growing arts community.

Bioscience & Technology Business Center - Lawrence

The BTBC, with locations at both the University of Kansas (KU) Lawrence Campus, and Kansas University Medical Center (KUMC) in Kansas City, is the largest incubator system in the state. It is comprised of three separate facilities totaling approximately 90,000 square feet of wet lab, office space, and shared work spaces.

Enterprise Center in Johnson County

The Enterprise Center in Johnson County (ECJC) is a venture development organization providing resources and connections to accelerate the success of early-stage companies.

Hispanic Chamber of Commerce of Greater Kansas City

The Hispanic Chamber of Commerce of Greater Kansas City is dedicated to the creation, advancement, promotion and development of economic opportunities within the Hispanic market and business community.

Innovation Stockyard

The Innovation Stockyard operates the Kit Bond Science and Technology Incubator on the campus of Missouri Western State University with a focus on economic and workforce development, and animal health and nutrition.

InvestMidwest Venture Capital Forum

InvestMidwest provides access to capital for emerging, privately held companies to promote entrepreneurship, business growth and expansion in the Midwest, with a focus on technology, food/agriculture, and life sciences.

KC Collective

KC Collective was developed by startup founders for startup founders. Through collective collaboration, we leverage our networks to provide introductions, mentorship, generous perks and discounts from our partners, and the education and resources necessary for driving your business forward.

Missouri SBDC at Northwest Missouri State University - St. Joseph

The SBTDC offers confidential, one-on-one counseling, coaching and training to existing businesses and emerging business owners.

Missouri SBDC at University of Missouri Kansas City

During the COVID-19 pandemic, the SBDC at UMKC is OPEN for (virtual) business; both with our trainings (all online through Zoom) and our appointments with counselors. We learn fast and adapt to changes to keep solving these problems for customers! Contact us at sbdc@umkc.edu to talk about financing options or plans to stay in the game during this time.

RedTire

Assist businesses in ownership transition, succession planning, business valuation, business sales and acquisitions. Provide guidance and counselling to potential buyers. Equally assist both sides by helping the parties negotiate a fair value to make a win-win deal and complete the purchase transaction. All services are offered free of charge.

TechAccel, LLC

TechAccel is a venture development and technology organization that invests across the agriculture, animal health, and food science industries. They work with startups, universities, and corporate partners to fund and advance new discoveries to market.

The Black MasterMind Group

We educate, train, coach, mentor and develop the Black Entrepreneurial Community to start, stabilize, sustain, and scale their businesses using financial strategies that work.

Women's Business Center

Provide training, mentoring, networking opportunities and business consulting to help women start & grow their businesses.

Kansas City Area and Regional VC Firms

Provider Information

BetaBlox

We make startups more successful, faster - guaranteed.

Dundee Venture Capital

Dundee Venture Capital is an Omaha-based seed stage venture fund with >$5 million invested in Kansas City.

Firebrand Ventures

Firebrand Ventures is a new kind of Midwest venture fund. We combine a strong brand, vast network, and deep experience with startup hustle to invest in exceptional early stage software startups.

Five Elms Capital

Five Elms is a growth equity firm exclusively focused on B2B software companies.

Flyover Capital

The mission of Flyover Capital is to provide capital to assist founders in creating the next generation of technology success stories areas outside of the traditional tech hubs.

Fountain Innovation Fund

The Fountain Innovation Fund will increase the number and pace of investable, scalable firms by investing in the most promising early-stage firms, and providing them an accelerated pathway to success.

iiM

Innovation in Motion (iiM) is an angel capital firm headquartered in Merriam, Kansas. We employ a disciplined approach to identifying, funding and curating startup and early stage companies in the Agriculture, Animal health and Human Health sectors.

InvestMidwest Venture Capital Forum

InvestMidwest provides access to capital for emerging, privately held companies to promote entrepreneurship, business growth and expansion in the Midwest, with a focus on technology, food/agriculture, and life sciences.

KC Collective

KC Collective was developed by startup founders for startup founders. Through collective collaboration, we leverage our networks to provide introductions, mentorship, generous perks and discounts from our partners, and the education and resources necessary for driving your business forward.

KCRise Fund

KCRise Fund is a venture capital co-investment fund designed to help bring more financing to early-stage businesses in the area.

Konza Valley Capital

Konza Valley Capital is a licensed Small Business Investment Company that provides private equity capital to lower middle market companies having potential for substantial growth and long-term equity appreciation.

Leanlab Education

LEANLAB Education is an organization that builds communities and launches transformational innovations into K12 schools.

Leawood Ventures

Leawood Ventures provides investors with unique and scalable access to diversified private venture equity and mezzanine debt opportunities identified, evaluated, and actively managed by an experienced team of entrepreneurs and investors who leverage technical and operational expertise to maximize returns.

Missouri Technology Corporation

MTC is a public-private partnership created by the Missouri General Assembly to promote entrepreneurship and foster the growth of new and emerging high-tech companies through commercialization programs, innovation centers and innovating funding programs.

Open Prairie Ventures

Open Prairie is a Midwest-based, private equity fund manager providing fund deployment, advisory and strategic planning services.

OpenAir Equity Partners

OPENAIR Equity Partners is a private equity and venture capital firm specializing in early venture, mid venture, late venture and later stage investments.

Royal Street Ventures

Royal Street Ventures is a Utah-based venture capital firm that has expanded into the Kansas City region.

TechAccel, LLC

TechAccel is a venture development and technology organization that invests across the agriculture, animal health, and food science industries. They work with startups, universities, and corporate partners to fund and advance new discoveries to market.

TGP Investments

TGP Capital Partners is a Kansas City based private equity investment fund formed to make middle-market investments in well-managed, profitable, and growing companies.

The Black MasterMind Group

We educate, train, coach, mentor and develop the Black Entrepreneurial Community to start, stabilize, sustain, and scale their businesses using financial strategies that work.

Kansas City- Area Venture Forums

Check the KCSourceLink Calendar for a complete list of upcoming events that will allow you to pitch your idea or company to potential investors.

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