MEDC

Aiming to Build ‘the AI Hub of Texas,’ McKinney EDC Offers to Support Startups With Up to $500K

by | Nov 13, 2024
Boosting its Innovation Fund grant program, McKinney EDC is now offering non-diluted capital of up to $200K for qualifying early-stage startups—and up to half a million dollars in support for established or relocating later-stage startups who set up their HQs in the city.
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McKinney EDC Appoints City’s Parks & Recreation Director as President and CEO
by | Aug 29, 2023
Michael Kowski brings extensive long-term city planning experience to MEDC, including urban development and design, land acquisition, and capital improvement projects, the organization said. He most recently served as the Director of Parks and Recreation for the city of McKinney, where he oversaw multiple eight-figure projects.
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The ‘Bloomberg Terminal of Real Estate’ Relocates to McKinney With Grant From MEDC’s Innovation Fund
by | Nov 11, 2021
Spatial Laser is joining the more than 20 tech companies that have expanded in or relocated to McKinney. The proptech startup uses a cloud solution to assist bulk buyers in quickly identifying real estate properties that have high rental returns with low risk.
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Raytheon Intelligence & Space Opens a New Intelligent Manufacturing Center at Its McKinney Campus
by | Sep 24, 2021
The 178,000-square-foot facility is a result of a $100 million investment and collaboration with the McKinney Economic Development Corporation—which included an already-complete commitment to generate 500 skilled jobs. RI&S plans to build an even larger facility by 2025 that will generate 700 more jobs.
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EdTech Startup Language Learning Market Expanding Its Corporate HQ in McKinney

by | Jun 8, 2021
The EdTech marketplace and PaaS startup will expand its HQ with a grant from the McKinney Economic Development Corporation's (MEDC) Innovation Fund. The startup connects learning resource buyers and sellers in 7,000 languages and dialects.

The woman-owned and minority-led company says it's "empowering micro-entrepreneurs to reach their customers globally."
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Robin Autopilot Is Robot-Mowing its Way to a New McKinney HQ
by | Jun 1, 2021
The fast-growing robot tech company acquired N.C.-based Mowbot in April. Now, with a grant from the MEDC Innovation Fund, it's consolidating both by relocating to a new HQ in McKinney. The EDC's Danny Chavez says it's the largest fund relocation to date.
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AI Startup Aiotics Opens Its Headquarters With a Grant From the McKinney EDC
by | May 27, 2021
The young startup, which makes scalable artificial intelligence solutions, is using a grant from the McKinney Economic Development Corporation’s Innovation Fund to establish a headquarters in McKinney and drastically add to its team.
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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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MyTelemedicine telehealth startup McKinney innovation fund

Fast-Growing Telehealth Startup Expands HQ With McKinney EDC Innovation Fund Grant

by | Oct 12, 2020
The incentive-based innovation fund, launched just this year, continues to fuel the growth of tech startups in McKinney. The latest is MyTelemedicine, a SaaS platform that powers modern remote healthcare technologies.
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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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