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
Kansas’ angel tax credits score first victory but hurdles remain
A bill extending Kansas’ popular Angel Investor Tax Credits scored its first victory Thursday, but legislators must make quick work of the measure if the program is to survive. The Kansas House Committee on Taxation unanimously approved a measure to continue the program, which offers accredited investors a tax credit of up to $50,000 on…
Sharing economy labors over lawsuits, paradigm shift for cyber security law
Here’s this week’s dish on the sharing economy, the issues with backdoor encryption, and corporate-to-startup collaboration. Check out more in this series here. AustinInno – The gig economy is at a crossroads as lawsuits, innovative benefits expand As the sharing or “gig” economy expands with companies like Uber and Lyft, it’s not just permit…
Kansas City scores $50K to inject innovation into education
Kansas City recently snagged a $50,000 grant that aims to fuel the development of a passionate, 21st-century workforce. The City of Fountains was named one of eight winners of the national LRNG City Challenge. As a result, the KC Social Innovation Center will use the grant to implement new programming this summer. The LRNG platform…
Kansas City creativity sticks out among the weirdest in Austin
At the tech and innovation conference South by Southwest Interactive, it’s as easy for companies to blend in as the flyers littering the streets of Austin. But amid the sea of commercial chaos — where hundreds of companies big and small fiercely fight for the most fleeting of interactions — Kansas City stood towering like the Liberty…