Kansas State University Secures $500K Grant to Ignite Innovation and Entrepreneurship in Kansas
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Kansas State University Secures $500K Grant to Ignite Innovation and Entrepreneurship in Kansas

Innovation and Economic Development
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forgegrant
innovation
economicdevelopment
entrepreneurship
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Summary:

  • Kansas State University awarded a $500,000 FORGE grant to promote innovation.

  • Marshall Stewart highlighted a $2.3 billion economic impact last year.

  • Goals include establishing a corporate engagement front door and a resource database.

  • The project supports the Next-Gen K-State plan aiming for 3,000 new jobs and $3 billion investment by 2029.

K-State Awarded Kansas Department of Commerce Grant to Boost Statewide Innovation and Entrepreneurship

Kansas State University has been awarded the FORGE grant from the Kansas Department of Commerce to enhance corporate engagement and stimulate economic development throughout the state. This grant, amounting to $500,000, aims to foster innovation and entrepreneurship by bridging the gap between academia and industry.

Marshall Stewart, the executive vice president for external engagement, noted that last year, K-State contributed an impressive $2.3 billion to the state’s economy. He expressed gratitude to the Kansas Department of Commerce for their support, emphasizing that this grant will further strengthen K-State’s technology transfer and commercialization efforts.

Key Objectives of the Grant:

  • Establish a new corporate engagement and economic development front door.
  • Develop a comprehensive database and resource guide for existing Kansas companies.
  • Create a virtual platform to connect businesses with university resources.

This initiative supports the Next-Gen K-State strategic plan and aims to generate 3,000 new jobs and $3 billion in direct investment by 2029. It also aligns with the Kansas Board of Regents and the Kansas Department of Commerce's strategic initiatives for state growth.

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