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
Nation’s best dog bar planning new tricks in KC after fetching top award, summer funding round
The dog days of summer are bringing momentum to Bar K, said David Hensley. The Kansas City-based escape space for pets and their owners was recently named top dog in the country by USA Today, just closed a funding round, and added several key team members — including Tim Schoenfelder as CEO — the co-founder…
Let’s eat out: KCMO wants more outdoor dining; new grants program pays for restaurant upgrades
Outdoor dining’s economic impact outlasted the pandemic, said Mayor Quinton Lucas. A new push to boost KCMO businesses — with the backing of city tourism dollars — is expected to help local restaurants, coffee shops, and bars embrace the opportunity, he said. His goal: Make outdoor dining spaces even more attractive to visitors and hometown…
Resilience pays off as retail incubator opens doors; Meet the first featured founders at PHKC
Launching a retail incubator in Midtown Kansas City — a physical space targeted for overlooked and under-resourced entrepreneurs — The Porter House KC faced many of the same challenges as emerging small businesses, said Miranda Schultz, but ultimately the effort made it to opening day. “It’s been nice to go through our own trial and…
Pitch prize puts founders closer to building their utopia; How KCMO is backing entrepreneurs who do the right thing
Hearing the personal reasons behind judges’ support for her business at the “Do The Right Thing” social impact pitch competition provides much-needed validation for Utopia Point, said Shereese Hameed-Muhammad. The business — launched by Patricia McCreary and Hameed-Muhammad to redesign the geriatric and disabled care community in Kansas City and beyond — was the overwhelming favorite…