$3.5M HEDC project bringing coworking, kitchens, culture to Westside (Photos)

November 2, 2017  |  Tommy Felts

Michael Carmona, Hispanic Economic Development Corporation HEDC

A new Center for Urban Enterprise project is expected to help limit risk for Kansas City’s low- to moderate-income entrepreneurs, Michael Carmona said. (Lea este artículo en español. Haga clic aquí.)

“We’re looking at ways they can start and grow sustainable businesses with the little income they have as far as startup capital,” said Carmona, director of community and business development for the Hispanic Economic Development Corporation.

2720 Jarboe St., future Center For Urban Enterprise HEDC

2720 Jarboe St., future Center For Urban Enterprise

Set for a public groundbreaking 9 a.m. Monday at 2720 Jarboe St., the $3.5 million project has received a $1.6 million grant from the U.S. Department of Commerce to assist with construction of the new entrepreneur center in Kansas City’s Westside neighborhood, near the Roasterie and Boulevard Brewing Company, Carmona said.

Work should be complete by fall 2018 — in time for the HEDC 25th anniversary celebration in November, he said. The organization is currently in a capital campaign to fill the funding gap for the project.

Within the local Hispanic community, startups often include service industry-related businesses like construction and cleaning, he said, but increasingly the HEDC is seeing need from within such professions as graphic design, marketing and programming.

The Center for Urban Enterprise campus will include an existing 11,000-square-foot building, a former tire storage warehouse. It is expected to be renovated to include a grandstand for small-scale lectures, office space and a multi-purpose theater for lecture series focusing on culture and film. The lower floor of the building will be anchored by five commercial kitchens — one of them Kosher at the request of members of the Jewish community — to provide pay-by-the hour, health department-approved commissary space for such businesses as food trucks and caterers.

In addition, a new 7,000-square-foot building is set to be constructed in a lot directly to the west, offering coworking space and a new home for the HEDC’s administration. There, entrepreneurs will be able to work face-to-face with staff to learn the tools they need for a sustainable business, Carmona said.

“The model is not only focused on entrepreneurship, but we also provide computer literacy training and financial education, so it’s bringing a holistic approach to our entrepreneurs,” he said. “Because we know that you can’t just be focused on a successful business without understanding new technologies and financial practices.”

Check out renderings of the new Center for Urban Enterprise below.

The HEDC has served more than 3,300 people and helped start and sustain more than 500 businesses since the organization started tracking its data and activity in 2006, Carmona said.

“A lot of the emphasis on making Kansas City an entrepreneurial city has been focused on the tech businesses because we know that they’re high growth, but also high risk,” he said. “We’ve argued that we’ve got a lot of the clients who we serve that might do mainstream, service businesses — they might not be the highest growth, but with the lower risk, they’re some of the more sustainable businesses here. One, two, five jobs here and there keeps the economy sustainable, especially when you multiply that by 500 businesses.”

The new Center for Urban Enterprise is expected to serve entrepreneurs from the Westside neighborhood to the downtown area. Another HEDC center at 3241 Independence Ave. houses its lending program, digital literacy and financial education classes, and plays host to a number of small business workshops, Carmona said.

“It’s a model that we’ve talked about where we’re investing into different pockets of Kansas City,” he said. “We’re providing that entrepreneurial space for those in our underserved communities.”

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2017 Startups to Watch

    stats here

    Related Posts on Startland News

    entrepreneur diversity

    Kansas City’s east side to receive free wireless gigabit network

    By Tommy Felts | May 26, 2016

    Kansas City is diligently continuing work to become the most connected city on earth. Three organizations are now working to create a free, large-scale wireless gigabit network on Kansas City’s east side. The project — led by Siklu Communications, the Urban Neighborhood Initiative and KC Digital Drive — will help eliminate cost barriers to help…

    ScaleUp! KC

    New ScaleUp! cohort vies for $1M in revenue

    By Tommy Felts | May 26, 2016

    There’s a new batch of entrepreneurs in town ready to take their companies to the $1 million level. ScaleUp! Kansas City on Tuesday announced its fourth cohort of business owners. The 17 entrepreneurs will spend an intensive four months learning how to scale their businesses through specialized curriculum, coaching and networking. The program offers business…

    Gallery: The Sprint Mobile Accelerator’s demo day

    By Tommy Felts | May 25, 2016

    The Techstars-led Sprint Mobile Accelerator held its third demo day on Tuesday. Hundreds of Kansas Citians trekked to the Kauffman Center for the Performing Arts to watch 10 startups from around the world deliver pitches on their tech firms. Learn more about the event and the future of the accelerator here.  Check out photos or a…

    Regardless of Sprint support, Techstars ‘committed to Kansas City’

    By Tommy Felts | May 25, 2016

    The expiration of Sprint’s three-year agreement with Techstars to fund the Kansas City-based Sprint Mobile Accelerator is opening up new opportunities for both firms. Sprint — which has funded the accelerator’s operations for three years while Techstars has managed the program — is now examining support of the accelerator by exploring new corporate and civic…