ScaleUp! Kansas City launches search for area’s next $1M firms
February 25, 2016 | Kat Hungerford
ScaleUp! Kansas City is now accepting applications from area entrepreneurs for its fourth program to accelerate founders’ businesses.
The program will welcome 15 entrepreneurs 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.
Applications are open until April 19, with the program’s fourth cohort launching May 19.
To apply, entrepreneurs must lead a company that has been in business for at least two years, generate annual sales of between $150,000 and $750,000, and operate in a market that can generate more than $1 million in sales.
To date, 48 Kansas City businesses have entered the program. Alumni include entrepreneurs in such industries as software, transportation, fitness, food and more.
Among ScaleUp!’s success stories is Chris Rosburg, owner of CR Promotions, who says the program is directly responsible for his company’s growth.
“The ScaleUp! program has been incredible for me and my business,” said Rosburg in a release. “The resources we were introduced to and the guidance we had through those weeks has helped my company get ready for the next stage of growth … Since graduating from the program, we have seen sales increase by 25 percent each month.”
ScaleUp! Kansas City is operated by the University of Missouri-Kansas City Innovation Center in partnership with KCSourceLink. Applications are open until April 19, with the program’s fourth cohort launching May 19.
2016 Startups to Watch
stats here
Related Posts on Startland News
Need for speed: Mozilla awards $101K to local gigabit projects
The Mozilla Gigabit Community Fund announced it will award a total of $101,000 to fund six local projects that use gigabit technology to impact learning. The Gigabit Community Fund is a national partnership between the National Science Foundation, US Ignite and Mozilla. Locally, the fund partners with KC Digital Drive, whose goal is to leverage…
Firebrand Ventures joins $6.85M round in Des Moines startup
Continuing a streak of investments, Kansas City-based Firebrand Ventures joined a sizable investment in an Iowa-based payments processing startup. Firebrand joined six other venture funds in a $6.85 million funding round in Des Moines-based Dwolla, which builds applications that facilitate bank transfers, manages customers and verifies bank accounts. The round was led by Union Square…
Challenging the notion of ‘entitled millennials,’ Rise Fast empowers young people
When the economy took a turn for the worst in 2008, many millennials saw their parents and grandparents laid off by companies they’d been loyal to for years. Eze Redwood said that although it’s easy to gloss over the impact that traumatic events have on a generation’s psyche, young professionals carry the weight of this…
As engagement grows, KC Women in Technology gears up for 2017
Imagine if the next Mark Zuckerberg was a young female living in Kansas City. Despite an interest and aptitude in technology, imagine she walks into a popular clothing store and seeing a shirt that reads: “I’m too pretty to do math.” Subliminal messages such as this are not an uncommon occurrence for many young women.…