With scholarships available, urban business effort grows Kansas City
December 7, 2016 | Meghan LeVota
An effort to increase entrepreneurship in the urban core of Kansas City is increasing its area economic impact as well as its scholarship opportunities.
Launched in 2013, the Urban Business Growth Initiative offers a variety of programs that help applicants access resources, classes and counseling to create jobs and support urban business growth.
The UBGI helped its 92 scholarship award-winners generate $29.5 million in sales and $4.3 million in investment capital in 2016, according to a report from the UMKC Innovation Center. The report also found that the program helped retain about 130 jobs and create 83 new positions.
The UBGI is funded by the City of Kansas City, Mo. and the U.S. Small Business Administration. The initiative is a collaboration of KC BizCare, KCSourcelink, UMKC Small Business and Technology Development Center, the Procurement Technical Assistance Center, Justine PETERSEN and the Women’s Business Center. The initiative pushes its services to low- and moderate-income individuals in the urban core who wish to start or grow businesses.
“The UBGI is defining the path to economic mobility for Kansas City entrepreneurs,” assistant city manager Rick Usher said in a release.
Below is more information on upcoming winter scholarship opportunities. Eligible applicants must live or own a business in Kansas City. Accepted participants may select one free class and one $75 class. To apply, click here.
Winning Government Contracts:The First Steps
When: Jan. 5, Feb 2. Mar 2. Apr 6 and May 4
Cost: no cost with scholarship
Explains how to get started in government contracting including federal, state and local government registration and certification.
Construction Business Management
When: Jan. 17 – March 7
Cost: $645, $75 with scholarship
Assists construction business owners with issues of growth.
FastTrac® NewVenture™
When: Jan. 17 – Feb. 14
Cost: $649, $75 with scholarship
Explores the feasibility of a business concept and teaches participants how to develop a viable business plan.
FastTrac® TechVenture™
When: Feb. 8 – April 12
Cost: $795, $75 with scholarship
Provides technology and science-based entrepreneurs with a proven framework and network of connections to help grow a great idea into the next viable innovation.
Featured Business
2016 Startups to Watch
stats here
Related Posts on Startland News
OP prescription software firm lands $2.7M
An Overland Park software company recently wrapped up a hefty funding round, according to its founder and CEO. Rx Savings Solutions, a business that works with other companies to manage employees’ monthly medications, secured $2.7 million in funding. Kansas City investors Dan Henry, CEO of NetSpend Corp., and Jeffrey Brown, chairman at StoreFinancial, led the…
LaunchKC winners reflect on ‘massive opportunity’
Once the dust settled on the LaunchKC grant recipient announcement, the champagne bottles popped. Founders from the 10 winning companies — parred down from a list of 500 — had reason to celebrate Friday afternoon between the promise of $50,000 and the chance to land some office space. Of the 10 recipient companies, six come…
Set your watch: 90 seconds with local innovators, entrepreneurs
It’s coming! Set your watch as we team up with FlatlandKC to highlight Kansas City’s innovators and entrepreneurs, all in 90 seconds. “90 on the Clock” premieres Wednesday, Sept. 23, with Callie England, founder of Rawxies, as she talks about her East Bottoms business and its raw, vegan, and gluten- and soy-free treats. The five-part series continues each Wednesday as the 90-second…
Meet the 10 startup winners of LaunchKC’s $50K
LaunchKC announced the winners of 10, $50,000 grants Friday during a celebration at the inaugural Techweek Kansas City conference. More than 40 judges evaluated pitches from 20 contest finalists, who pitched their companies Friday morning at Union Station before a crowd of about 100 people. LaunchKC kicked off in February and nabbed nearly 500 total applicants…