By Steve Roatch, CEO of Twentyseven Global
SparkLabKC’s inaugural class was a huge success with members securing almost $2 million in seed funding. Now, the Kansas City startup accelerator is getting ready to launch its second class in January.
According to Kevin Fryer, managing director for SparkLabKC, its inaugural class was a great success, with Knoda recently announcing its seed round, and Briefcase, FormZapper and FanAddict having secured more than $1.8 million in combined seed funding.
“Any time we can get four or five to get a seed round within 60 days of completing the program, that’s huge,” Fryer told startup news outlet Silicon Prairie News. “Now we’re looking for the next batch of Kansas City’s 10 best.”
The 10 startups will be selected this month. Beginning Jan. 13, 2014, they will go to work in a “90-day intense, in-residence, mentor-driven program that provides up to $18,000 in seed capital and business advisory services,” said the website.
The program culminates in a Demo Day on April 11, 2014, where the startups will present in front of hundreds of investors from across the Midwest.