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Beneficient Salutes SEED Grants Advancing Rural Prosperity in Kansas

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DALLAS, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Beneficient (Nasdaq: BENF), a technology-enabled platform ...

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BENF congratulated 15 Kansas communities awarded $337,833 in SEED grants. SEED program funds aim for economic expansion in small Kansas towns. Beneficient's TEFFI subsidiary funded the grants through alternative asset financing. Over $3.5 million granted since SEED's initiation in 2021 for community projects. Innovative financial solutions are supporting rural growth and development.

Sentiment Rationale

The state funding reflects positively on BENF's operational capabilities and community engagement, likely attracting investor interest.

Trading Thesis

Continuous involvement in community projects can enhance brand recognition and investor relations over time.

Market-Moving

  • BENF congratulated 15 Kansas communities awarded $337,833 in SEED grants.
  • SEED program funds aim for economic expansion in small Kansas towns.
  • Beneficient's TEFFI subsidiary funded the grants through alternative asset financing.

Key Facts

  • BENF congratulated 15 Kansas communities awarded $337,833 in SEED grants.
  • SEED program funds aim for economic expansion in small Kansas towns.
  • Beneficient's TEFFI subsidiary funded the grants through alternative asset financing.
  • Over $3.5 million granted since SEED's initiation in 2021 for community projects.
  • Innovative financial solutions are supporting rural growth and development.

Companies Mentioned

  • LYV (LYV)
  • BKNG (BKNG)
  • BABA (BABA)

Corporate Developments

Positive media coverage about community support may boost BENF's reputation among investors.

Beneficient Recognizes SEED Grants Supporting Economic Growth in Kansas

DALLAS, Jan. 13, 2026 (GLOBE NEWSWIRE) – Beneficient (Nasdaq: BENF), a technology-driven platform offering exit opportunities and capital solutions for alternative asset holders, has expressed congratulations to 15 Kansas communities awarded a total of $337,833 for strategic economic expansion and development (SEED). This announcement was made at a ceremony held on December 22, 2025, in Yates Center, KS, organized by the Kansas Office of Rural Prosperity under the Department of Commerce.

Details on the SEED Program and Funding

The SEED program is financed through proceeds derived from assets funded under the Kansas Technology-Enabled Fiduciary Financial Institutions (TEFFI) Act, under which a subsidiary of Beneficient acquired the state’s inaugural TEFFI charter. The grants, combined with local contributions, create a total investment close to $1.1 million allocated for quality-of-life projects that benefit small communities with populations under 5,000. Key areas of improvement funded through this initiative include:

  • Childcare and senior programming
  • Enhancing community vibrancy
  • Food retail development
  • Library services

Since the inception of the SEED program in 2021, Kansas communities have garnered more than $3.5 million in grants sourced from Beneficient’s TEFFI subsidiary operations.

Impacts of Beneficient’s Involvement in Community Development

James Silk, interim CEO of Beneficient (BENF), commented, “The SEED program is a powerful example of how innovative financial solutions can be used to generate tangible positive community outcomes. By supporting the TEFFI Development and Expansion Fund and the SEED program, Beneficient is proud to contribute to childcare, community spaces, local food access, and libraries in rural Kansas, helping these communities grow and thrive.”

State Support and Community Engagement

Kansas Lieutenant Governor and Secretary of Commerce, David Toland, announced the award recipients, emphasizing that the funding leverages more than $744,000 in local matching contributions. Awardees are required to provide a minimum of a 10% match and complete their projects within a year. Lt. Gov. Toland remarked, “Our small towns in Kansas are the heart of this state — they have character, history, and most importantly, they have passion for growth.”

About Beneficient

Beneficient (Nasdaq: BENF), affectionately known as Ben, is dedicated to democratizing the global alternative asset investment market. The company focuses on providing essential solutions to traditionally underserved investors, including mid-to-high net worth individuals, small-to-midsized institutions, and General Partners requiring exit options and valued-added services for their funds. Beneficient Fiduciary Financial, L.L.C., its subsidiary, operates under the Kansas TEFFI Act and adheres to the regulations stipulated by the Office of the State Bank Commissioner.

For more information, visit www.trustben.com or connect with us on LinkedIn.

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