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 City sculpts new program to fund artists
The City of Kansas City, Mo., is putting its money where its mouth is in support of local artists. Moving forward, artists will be eligible to receive funding through a micro-lending program, piloting to support the growth and stability of their creative practice. Created through a collaboration between the city, the Economic Development Corporation of…
St. Louis tech group expanding to KC
A St. Louis tech organization is using its recent funding award to expand its operations into Kansas City. LaunchCode, a nonprofit organization that helps with job placement in technology, received a $250,000 award Wednesday from the Missouri Technology Corporation that will help it expand to cities across Missouri, including Kansas City. “MTC’s support will be…
Events Preview: ECJC, America Hack night
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 ECJC Summer Venture Lounge When: Wednesday, July 8 @ 4:30 PM-6:30 PM Where: Enterprise Center of Johnson County Investors, entrepreneurs and…
Local investor Keith Harringtonearns prestigious VC fellowship
A Kansas City-area investor that was recently accepted into an esteemed venture capital fellowship in Silicon Valley hopes to leverage the program to better his hometown. Keith Harrington, managing director at the Kansas Bioscience Authority, was accepted into the Kauffman Fellows program for venture capitalists. The program aims to enhance venture capitalists’ capabilities and grow…