Wichita State Jumpstart competition will award $60K for high-potential technology

The Jumpstart Kansas Entrepreneurs competition through Wichita State University gives six businesses, innovators and entrepreneurs a chance to earn $10,000 each. The competition, made possible by the Kansas Department of Commerce, seeks to identify and award six Kansas-based individuals and / or companies with high-potential technology ideas, devices, methods and applications.

The application is available at www.wsuventures.org/funding-opportunities and is open until Monday, Jan. 23. The top applicants will pitch to a panel of judges on Tuesday, Feb. 7, at Wichita State.

The competition is open to south central Kansas-based individuals or companies, including but not limited to the following stages of development:

  • Entrepreneurial concepts or ideas
  • Proof-of-concept
  • Company growth opportunities
  • Startups (not limited to first stage)

The award money can be used toward expenses such as technical assistance, feasibility studies, planning activities, market intelligence, laboratory fees, domestic travel, technology or process development, faculty / research (including graduate or undergraduate student fees, wages) and training software and information technology.

“We couldn’t be more excited with the interest that has sprung up from all across the state for JumpStart Kansas Entrepreneurs,” said Kansas Commerce economist Stan Ahlerich. “The energy from our university partners and the willingness to be innovative in finding potential companies has given this program life.”

JumpStart Kansas Entrepreneurs is designed to incentivize and encourage small business hopefuls with startups while developing entrepreneurial spirit in Kansas. The program is enhanced by university partners. 

“The ability of our university partners to energize businesses in Kansas, from emerging startups to established businesses, will give many companies the opportunities they need,” said Ahlerich. “The Department of Commerce is proud to host this program with our partners to ensure we are giving Kansas businesses the best possible chances to succeed.”

Wichita State is one of eight partners chosen to participate in the program. Additional organizations responsible for dispersing funds include Kansas State, the University of Kansas, Pittsburg State, Fort Hays State, Emporia State, Washburn University and Network Kansas. 

For additional information, visit http://wsuventures.org/funding-opportunities/jumpstart-kansas-entrepreneurs or email wsuventures@wichita.edu