Popular ScaleUp! KC program welcoming area applicants
September 9, 2015 | Bobby Burch
ScaleUp! Kansas City is now accepting applications from area entrepreneurs that hope to boost their businesses through mentorship and a strong network of peers.
The program, which is now in the midst of its second class, welcomes about 15 businesspeople that aim to push their firm’s revenue past $1 million annually. ScaleUp! KC connects entrepreneurs with mentors, peers and resources to grow their businesses.
Operated by the University of Missouri-Kansas City Innovation Center, the program’s third cohort will be accepting applications until Nov. 23 and will begin in January.
“We know it’s important to attract and recruit companies to Kansas City, but growing our own [and] helping our homegrown businesses scale is critical to strengthening our economy, creating jobs and improving lives,” said Maria Meyers, director of the UMKC Innovation Center. “ScaleUP! KC wraps vital resources around Kansas City entrepreneurs who already know success and want to build bigger, better businesses right here in Kansas City. We’re energized that so many entrepreneurs — 32 to date — are using the program to strengthen their businesses and to create economic impact.”
ScaleUp! KC director Jill Meyer said that the program has made a significant impact on the entrepreneurs’ businesses since its January 2015 start.
Jowler Creek Vineyard & Winery recently received a loan to add a 6,000 square-foot facility to triple its footprint and increase production by more than 300 percent. El Padrino Apparel and Soccer Nation in June won the Kansas City Kansas Chamber of Commerce’s Small Business of the Year award.
“It’s been quite impressive to see the progress these companies have made in such a short time,” Meyer said in a release.
To be accepted into the program, entrepreneurs must lead a company that’s at least two-years-old, drive annual sales between $150,000 and $750,000, have a market that can generate more than $1 million in revenue and the determination to exceed that mark.
Click here to learn more about those now in the program.
Featured Business
2015 Startups to Watch
stats here
Related Posts on Startland News
Google Fiber nixes free Internet offering in Kansas City
It’s often said there’s no such thing as a free lunch. And in Google’s case, there’s no such thing a free fiber connection — at least anymore. The tech titan last week nixed its free Internet offering, which dished out download speeds of 5 megabits-per-second and upload speeds of 1 mbps. Google has offered the…
When your tech becomes an expensive paperweight
Here’s this week’s dish on expensive paperweights, company culture and bootstrapping. Check out more in this series here. The Verge: Nest is permanently disabling the Revolv smart home hub In a shot across the bows of any early-adopter interested in startup tech, Nest announced that it’s shutting down Revolv’s IoT smart home hub. Google-owned…
QM Power snags $9M round for high-tech electric motor
Kansas City-based QM Power recently raised significant capital to accelerate development of its electric motor that the company says will transform its industry. The tech firm raised $9.06 million from undisclosed investors to boost development of the “Q-Sync Smart Synchronous Motor.” QM Power says the motor is as much as 80 percent more efficient…
After ‘largest product launch ever,’ Tesla attracts KC futurists
In a week, electric car maker Tesla has spurred an automotive ardor whose fervor may only be rivaled by the replacement of horses with the Ford Model T. Tesla’s new Model 3 has received more than 325,000 pre-orders in seven days, which corresponds to about $14 billion in implied future sales. The sales represent the…