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
Techstars firms to spread local roots via Brad Feld’s Kansas City home
More graduates of the Techstars-led Sprint Mobile Accelerator may be calling Kansas City home thanks to venture capitalist Brad Feld. Feld, co-founder of the international accelerator program Techstars, is making his Kansas City, Kan. home available to graduates of the local Techstars program rent free. “I’m very happy with how things have gone to date,”…
Subjective language is making your elevator pitch completely forgettable
Your elevator pitch is the single most important communication of you or your business and why you are relevant. Last month I wrote about how you can use your elevator pitch — or 20-second summary of your business — as a litmus test to determine if you are creating your own market or if you…
Kansas City dishes on diversity in the entrepreneurial community
It’s often said that two heads are better than one. But what if those two “heads” have the same socioeconomic, gender and racial compositions? What if their life experiences mirror one another so closely that they arrive at the same conclusions or generate the same general ideas? It’s no secret that diversity can foster the…
Funding roundtable (part II): Entrepreneurs compare KC investment scene to other cities
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…