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
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…
Events Preview: Start Fest, HBD Village Square
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 Start Fest When: April 8 @ 9:00 am – 2:00 pm Where: KCKCC Technical Education Center It is time for…
Kansas City Design Week convenes community for creatives
A quick trek through the Crossroads Arts District effortlessly affirms that Kansas City is a hub for creativity. And with Kansas City Design Week, those creative-types have a hub of their own. The KCDW, set for April 7 through 16, brings together a plethora of creative minds to challenge skills, connect designers with business resources…