GROWKS MULTI-FUND
PROGRAM
Investment support for Kansas-based seed/early-stage venture funds
GROWKS Multi-Fund
This new program will invest in multiple Kansas-based seed/early-stage venture funds with a maximum of $2M in any one fund for a total program allocation of $6M dollars.
These firms will be selected by the GROWKS Multi-Fund selection committee.
These funds must meet the criteria set forth by the Kansas Department of Commerce, NetWork Kansas, and the U.S. Department of Treasury SSBCI 2.0 guidelines.
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Kansas Headquarters
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Fund Size: <$50M
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Investment Stage: Pre-Seed, Seed, Series A
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Investment Geography: not restricted but must actively source deals in Kansas per investment thesis and historical performance if applicable
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Minimum of five years’ experience with the Kansas entrepreneurial ecosystem
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Seeking new or emerging first-time fund managers, and/or minority/female fund managers
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Demonstrated Kansas entrepreneurial ecosystem building
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Demonstrated strategy for deploying funds with diversity, equity, and inclusion
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Demonstrated willingness to work closely with NetWork Kansas, the Kansas Department of Commerce and other equity partners throughout the life of the fund and partnership
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The Fund (GP) must sign a side letter with required Treasury compliance items including Conflict of Interest, and Administrative Fee restrictions
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Each investee Company of the Fund must also sign a side letter including required compliance
Interested parties should provide documentation as outlined in the
Request For Information to equity@networkkansas.com