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
January 22, 2016

Missouri-made Startup Receives Local Funding Support

1ST50K, Cape Girardeau’s competition for early-stage startup businesses that provides a $50,000, equity-free grant and pro bono support services to innovative entrepreneurs, last week announced that it has selected the next 1ST50K Startup Competition recipient.

After evaluating over 150 applications from 20 countries and 27 states, the competition selected St. Louis-based startup Impress Software as its next funding recipient. Impress Software offers companies an automated toolset to match internal and external talent and skills to projects and positions, tackling the increasingly complex problem that individuals and companies face in assessing and matching talent and skills when recruiting employees, freelancers, and consultants.

The competition committee is still in conversation with four additional finalists and anticipates the announcement of additional awards or investment in the near future.

About 1ST50K

The unique 1ST50K startup competition was modeled after and is endorsed by Arch Grants, a nationally-recognized program in St. Louis that offers cash investment in a company without asking the entrepreneurs to give up ownership. The competition is managed by Codefi, Cape Girardeau’s coworking space and technology incubator, in partnership with local venture fund Traverse Ventures, the Cape Girardeau Area Chamber of Commerce, the Bank of Missouri, and the Missouri Technology Corporation.

Applications are currently being accepted for the next round of competition and judging. To learn more, please visit

(Article reposted from Missouri Technology Corporation)

How can we help you?

Our team helps grow entrepreneurship in Missouri every day.

Connect with us!

Get insights, inspiration and events to help you start, grow and accelerate MO businesses.