Kauffman Foundation looks within, names new executive director for 1 Million Cups, FastTrac

June 17, 2024  |  Startland News Staff

Olatunji Ajani, 1 Million Cups, FastTrac; photo courtesy of the Ewing Marion Kauffman Foundation

The new steward of two core programs from the Ewing Marion Kauffman Foundation brings a wealth of experience in inclusive entrepreneurship and as a workforce development leader, the influential Kansas City philanthropic organization said Monday.

Olatunji Ajani, 1 Million Cups, FastTrac; photo courtesy of the Ewing Marion Kauffman Foundation

Olatunji Ajani, a current associate at the Kauffman Foundation, begins his role as executive director for 1 Million Cups and FastTrac on July 1. Both programs were launched by the Kauffman Foundation to address root causes and break down systemic barriers so that all people  have the opportunity to achieve economic stability, mobility, and prosperity.

“These programs can change the trajectory of cities by nurturing entrepreneurs and fostering innovation within our communities,” said Ajani. “By supporting entrepreneurs, we’re supporting the workforce of our future.” 

Ajani is based in Kansas City, but will be driving strategy nationwide, the Kauffman Foundation said, noting the hiring of this position is a recommitment to the programs and their continued growth and success.

Click here to learn more about 1 Million Cups programming in Kansas City.

Olatunji Ajani, 1 Million Cups, FastTrac, speaks with Elijah Dormeus, I Am Foundation; photo courtesy of the Ewing Marion Kauffman Foundation

He is tasked with building and supporting both programs, locally and nationally, driving forward the mission of empowering entrepreneurs and fostering vibrant entrepreneurial ecosystems, Kauffman said. His strategic vision and passion for innovation are ready to propel these initiatives into the future, further solidifying their impact on the entrepreneurial landscape, both locally and nationally, the organization said.

Prior to joining the Kauffman Foundation in 2022, Olatunji led programmatic work for the Lemelson Foundation and the Aspen Institute, where he was tasked with sustaining, growing, and developing data-driven strategies to achieve impact. Olatunji has played key roles in management consulting, technology start-ups, impact network management, and nonprofit leadership. 

FastTrac is an entrepreneurial education program that carries out Ewing Kauffman’s belief that everyone has a fundamental right to turn an idea into an economic reality, while 1 Million Cups seeks to provides a supportive, inclusive space for entrepreneurs and their communities to gather and connect, where they can work through business challenges and identify opportunities.

“The Foundation remains committed to strengthening economic mobility through entrepreneurship and hiring Olatunji to lead these efforts is a continued demonstration of that commitment,” said Dr. DeAngela Burns-Wallace, CEO, Kauffman Foundation. “His dedication to creating sustainable impact and his passion for nurturing long-term success will undoubtedly strengthen these initiatives for years to come. Greater equitable economic mobility for all is our vision and our support of these programs is one more step towards that.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    Funding roundtable (part II): Entrepreneurs compare KC investment scene to other cities

    By Tommy Felts | December 10, 2015

    Welcome back to part two of our roundtable discussion on the early-stage investment sector in Kansas City. For a more formal introduction on this series and its five participants, please refer to part one on Kansas City’s investment culture and evolving economy. Check out the third and final installment of the series with the entrepreneurs’ advice for…

    Events Preview: KC Next Winter Event

    By Tommy Felts | December 10, 2015

    There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Handmade Holiday Sale When: December 10 @ 6:00 pm – 9:00 pm Where: Hammerspace The creative, talented maker members of HammerSpace Community…

    Funding roundtable: Kansas City still has a lot to learn about venture capital

    By Tommy Felts | December 8, 2015

    After growing demand for more coverage on Kansas City’s early-stage investment capital landscape, Startland News decided to start a conversation on the subject. In November, we hosted five Kansas City entrepreneurs for a frank discussion on their experience raising funds in and outside of Kansas City. The aim of the conversation was to create a…

    University students score opportunities via Pipeline IOTY

    By Tommy Felts | December 8, 2015

    Four college student founders are hoping to capitalize on facetime with high-profile businesspeople as part of an inaugural university competition at Pipeline’s Innovator of the Year event. Students from four regional universities will present their startups at the annual Kansas City-hosted IOTY event, which features a pitch competition among 10 Pipeline fellows, an evening gala…