eGrowth Ventures
eGrowth Ventures is a business unit of Network Kansas that bridges the gap between angel investors and venture capital (VC) firms. We work closely with innovative, scalable startups in a variety of industries to provide funding, critical education, and support to help these businesses grow and thrive. Whether you’re a startup founder seeking resources, or an investor partner looking to support innovative businesses, eGrowth Ventures is here to help.
Our Focus
- Startups/Founders: We focus on innovative companies in need of funding and guidance, offering education on fundraising, pitch development, and preparing for angel investors.
- Partners: As part of the broader entrepreneurial ecosystem, we work with venture firms, angel groups, and entrepreneurship support organizations to provide programming and education for entrepreneurs.
We’re here to help connect startups with the right resources, from early-stage funding to networking, ensuring they are positioned for success.
Key Program Features
- Direct Investments: We make investments into startups, corporations, and through multi-fund investments directed by partner venture firms.
- Mentorship and Education: We help entrepreneurs develop their business ideas, including assistance with pitch decks and business plans. Entrepreneurs also receive support in navigating financial due diligence.
- Networking Opportunities: Participants are connected to a strong network of investors, partners, and others in the seed and early-stage investing space.
- Ongoing Support: Once a startup is invested in, we continue to provide regular support to ensure its growth trajectory.
Participant Journey
- Reach Out: Entrepreneurs and businesses can start by reaching out to eGrowth Ventures.
- Introductory Call: We have an initial call to assess where the business fits in the ecosystem.
- Application & Due Diligence: If the business fits, they will complete an application and provide necessary documents for review.
- Pitch Presentation: Entrepreneurs pitch their business to our review committee.
- Investment Decision: After the pitch, we decide whether to make an investment.
- Ongoing Support: If an investment is made, we provide quarterly support to help the business grow and succeed.
Frequently Asked Questions (FAQ)
What types of businesses does eGrowth Ventures support?
eGrowth Ventures supports startups in high-growth industries, such as ag-tech, medical tech, software-as-a-service, and other innovation companies. We focus on startups that have the potential to grow quickly and bring prosperity to the State.
How does the investment process work?
After an initial assessment, businesses apply and undergo a due diligence process. If the business meets the necessary criteria, they present a pitch to our investment committee, and we decide whether to proceed with funding.
What is the typical timeline for an investment?
The investment process can take anywhere from 60 to 90 days, depending on the complexity and stage of the business.
What support does eGrowth Ventures offer Kansas startups?
Regardless of an investment decision, we provide ongoing support to startups and connections to a broader network of investors and partners.
Can I partner with eGrowth Ventures if I’m a venture firm or investor?
Yes, eGrowth Ventures works with venture capital firms to invest in Kansas-based startups and collaborates with organizations to educate and support investments into promising businesses.
What makes eGrowth Ventures unique?
In the startup ecosystem, eGrowth Ventures is situated between angel investors and venture capital firms, bridging the gap between early-stage investments and traditional venture capital funding. We provide financial, educational, and programming support to help startups succeed.
How can I apply for investment or partner with eGrowth Ventures?
Entrepreneurs should contact us to start the conversation for either a potential startup application or to partner on any initiatives. Please reach out to the eGrowth Ventures team at equity@networkkansas.com.