120 W. 12th Street
Kansas City, Missouri, 64105
Project Type: Expansion
Industry: Insurance
Sector: Inside Sales and Marketing
New Jobs: 1,200
Investment: $8 – $12M
Year: 2017
Website: www. springventuregroup.com
Spring Venture Group, a direct-to-consumer distributor of Medicare supplement insurance, will move its headquarters Downtown Kansas City in January 2018. The company has grown from 24 to more than 400 employees since 2010 with plans to add 1,200 new jobs within the next six years. The new location accommodates the company’s growth plans while allowing them to continuously attract and retain young talent downtown.
Assisted by the EDC, the project received an Enhanced Enterprise Zone (EEZ) tax abatement for improvements made to real property.
Partner Assistance: Missouri Department of Economic Development