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
C2FO marks $300B in funding for businesses as entrepreneurs navigate ongoing credit crunch
Rapid marketplace expansion in the first half of 2023 helped push Leawood-based C2FO — the world’s on-demand working capital platform — past the $300-billion mark in total funding to its customers. This record funding amount reflects invoices paid an average of 31 days early via C2FO’s platform. C2FO gets vital, low-cost capital into customers’ hands…
Froyo with a ’tini twist: Entrepreneur collaboration serves alcoholic frozen yogurt in KC
Kansas City is excited by the new flavor combinations popping up as two entrepreneurs give customers a taste of collaboration, said Isaac Collins, teasing a line of alcoholic frozen yogurt that’s already hitting cups in the metro. Through a partnership with KC-based Brain Freeze Mobile Daiquiri, Collins’ Yogurtini locations have begun a series of happy…
How Meshuggah Bagels ‘built a bakery without a recipe’ — now expanding to Liberty, Lawrence
Pete Linde tested 72 bagel recipes before hitting perfection with number 73, said Janna Linde. She knows because she tried every single test bagel. “Pete worked on that recipe for about a year. He had a notebook and took notes on every little tweak and modification he made. I’d see the big hand mixer come…
Royals preview ballpark of the future: Now they need to decide where to put it
Editor’s note: The following story was published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. The Royals are choosing between a stadium and entertainment district in Kansas City’s East Village or in North Kansas City. The…