Innovation Fund

Mortgage Comparison Startup Confer Moves HQ From San Francisco to McKinney

by | Sep 15, 2022
Confer, whose app platform lets mortgage shoppers compare multiple mortgage offers, has found a new home in the Serendipity Labs coworking space in McKinney's Craig Ranch. It aims to open its platform to brokers, banks, and lenders in order to help them provide a plug-and-play model to give more options to borrowers. It's now looking to raise a $4 million seed funding round. “The end goal is to guide buyers in making a conscious and intelligent decision,” says Yatin Karnik, Confer's founder and CEO.
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Startup Connecting Students to HBCUs Moves from California to McKinney
by | Apr 28, 2022
HBCU HUB, a startup focused on connecting students to recruiters at historically Black colleges and universities, is moving its headquarters to McKinney with the aid of grant funding from the McKinney Economic Development Corporation’s Innovation Fund.
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EV Fintech Xcelerate Auto Relocates Headquarters to McKinney
by | Aug 18, 2021
Xcelerate is a sustainable transportation company that offers funding support and ancillary products to EV manufacturers like Tesla. With the move, the team hopes to "put McKinney on the EV map."
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Falkon Technologies to Double Team, Expand Footprint With a Grant from the McKinney Innovation Fund
by | Apr 28, 2021
With the funding, Falkon also wants to build out its new transportation and logistics startup, Load Right, which aims to use technology to assist warehouses in managing and tracking single and multi-stop loads.
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McKinney Innovation Fund Draws Hundreds of New Jobs, 11 Tech HQs in Eight Months

“We’re building an ecosystem and creating a space for startups to access funding, and helping them scale at the timeliest need for their company during the startup lifecycle,” Senior Vice President at McKinney EDC Danny Chavez said.
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Derrick L. Miles, President and CEO of CourMed
McKinney Startup Expands Crowdsourced Delivery for Healthcare Supplies Through Innovation Grant
by | Aug 10, 2020
CourMed, which has HIPAA-certified drivers and training, plans to expand its services to major cities in all 50 states this year. The startup says "it can be up and running in any market in seven days."
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EnginSoft Expands its U.S. Headquarters in McKinney With a Grant From MEDC’s Innovation Fund
by | Jul 27, 2020
Engineering company EnginSoft is expanding its headquarters at Adriatica, a 45-acre mixed-use development inspired by a Croatian village. Driving EnginSoft's growth is the work it does for companies such as NASA, Xerox, Toyota, and more.
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From left, Invene CEO James Griffin, full stack developer Jonathan Sayre, backend developer Brian Kamra, and UX designer Sam Bajwa. [Photos: Invene]
UTD Venture Development Center-Based Healthcare Startup Relocates HQ to McKinney
by | Jul 16, 2020
A grant from the McKinney Economic Development Corporation's Innovation Fund will fuel the expansion of Invene, a growing product-as-a-service company. The move could create up to 12 “highly specialized” software engineering jobs in the next three years.
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