KC Launches New Incubator

The Economic Development Corporation of Kansas City recently announced the creation of the Kansas City Biotechnology Center.

The center, a 3,700-square-foot micro-incubator, is designed to house early-stage, rapidly growing companies developing pharmaceuticals, medical devices and research and diagnostic equipment.

The project was financed using a combination of private and public sources including Missouri Development Finance Board and Missouri Department of Economic Development tax credits, as well as contributions from the City of Kansas City, Bank Midwest, the Kansas City Industrial Development Authority and the Planned Industrial Expansion Authority.

Read more here.