Kansas Global Trade Services and TradeUp Capital fund have announced a strategic alliance. Through this alliance, both groups hope to bring increased growth capital to state exporters.
Fueling export growth across the state of Kansas, the forming of this alliance is an aggressive move, but it also allows significant additions to the services that Kansas Global offers.
Kansas Global is a non-profit organization that promotes and facilitates international trade. The organization is based in Wichita.
TradeUp is a platform for growth capital. TradeUp helps accredited investors (angels, corporate strategics, family offices, mezzanine funds and venture capitalists) to gain access to a globalizing companies.
“Through our alliance with TradeUp, we are focused on ensuring that every Kansas exporter who wants to continue on a path of international growth has the capital resources available to do so,” said Karyn Page, Kansas Global’s president and CEO.
TradeUp also offers an innovative online platform that can connect exporters seeking growth capital with accredited investors. This reduces both the time and expense typically necesary to complete a successful raise.
“Studies have shown that exporting companies are significantly more competitive than their non-exporting peers,” said Dr. Kati Suominen, founder and CEO of TradeUp. “TradeUp encourages investors to view exporters as a separate asset class.”
Kansas exporters who wish to undertake a capital raise of at least $1 million should contact Kansas Global to take advantage of the new alliance.