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
Fund Me, KC: ‘Scarlet Knight’ returns to inner city streets with a moral dilemma about abuse of power
Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like Juaquan Allen with his Scarlet Knight campaign — to share their crowdfunding stories to gain a little help from their supporters. Who are you? My name is Juaquan “Jay” Allen. I’m a…
Design by fire: Could a Kansas City company 3-D print the Notre Dame spire?
Beyond its status as the biggest in Kansas City, the impact of Dimensional Innovations’ new $2.2 million 3-D printer could reach globally — as the homegrown company considers ways it could help rebuild the historic spire atop the Notre Dame Cathedral, said Nate Borozinski. “This thing gives us an ability — and we think an…
Look inside: Fishtech Group opens its $10M+ Cyber Defense Center in Martin City
Fishtech Group is making a splash within the cyber security industry, showcasing its cloud-era capabilities in a new Cyber Defense Center that sits behind the gates of Fishtech’s sprawling Martin City campus, said Gary Fish. “I’ve been doing security since before it was cool,” said Fish, founder and CEO of Fishtech, as well as an…
Elite investors at exclusive CEO retreat: Don’t waste time; sell us on your billion-dollar idea
Trying to land the backing of a venture capital firm? Throw your pitch deck out the window, Chris Olsen advised a select group of Kansas City CEOs. “A lot of times founders will come and give us their pitch and they’ll start going through it and [they’re telling us] they’re profitable in 18-months. And we’ll…