Vote now: KCMO competing for spot in accelerator focusing on gender, racial inclusion

June 19, 2018  |  Tommy Felts

Mayor Sly James Living Cities

KCMO already is a five-star city, Mayor Sly James says, but a new accelerator program could make it even better.

“Kansas City’s startup community is growing and innovating, but women and people of color are being left behind,” James says in a pitch video for Living Cities City Accelerator program.

A coalition of local organizations, led by the city, is representing KCMO in the competition to win a spot in the accelerator’s next cohort. Rival finalists include Atlanta, Cleveland, El Paso, Long Beach, Newark, New Orleans, Rochester, Stockton, and Tulsa.

Ratings for and comments on the competing cities’ pitches will be among the criteria used to pick up to five municipal participants for the program. Watch Kansas City’s pitch here and vote now.

Selected finalist cities could be chosen by Living Cities the end of the week for the 12-month accelerator, said Rick Usher, assistant city manager for small business and entrepreneurship

The cohort is expected to focus on strategies cities can employ to build a seamless support system for local businesses to more easily grow and hire more people, with a particular focus on entrepreneurs of color.

Among such strategies: Embedding racial equity and inclusion in city-led supports for local businesses.

In March during his State of the City Address, James addressed the startup community’s challenge with reflecting the true demographics of the city around it.

“Most of my staff are women. And on our team are people of color, different sexual orientations, physical abilities, ages and religions,” he told a packed crowd in the auditorium at Plexpod Westport Commons. “Now take a look at your own organizations — if everyone looks the same, you may not be inclusive.”

“We must work to make sure KC is a community where today’s — and tomorrow’s — employment force wants to stay, put down roots, raise their families and help shape this city’s future,” James added.

City Accelerator offers its cohort members a tailored set of services that include: technical assistance and coaching; exposure to leading practices in city-led support for the business environment; financial or in-kind resources (up to $90,000 per site) to support experimentation with these practices potentially including capacity to support implementation; opportunity to interact with other cities in the city accelerator cohort; training and capacity-building around racial equity and inclusion; and national exposure as field-leading practitioners.

“Cities can and are making a difference by building and strengthening inclusive local business development ecosystems,” said Living Cities in a press release. “As conveners, investors, and regulators, local government has the power to create the environment where businesses owned by people of color can become a city’s high-growth employers of tomorrow.”

Not even Kansas City can do it alone, the organization said.

“Cities will only be able to tap into their full potential for creating jobs and income for their residents when they work in concert with partners to build and sustain an environment that will help businesses start, grow and thrive,” Living Cities said.

Progress in Kansas City has been too slow and incremental, James said in the pitch video.

“To really change the game, to level the playing field, we need a catalyst,” he said.

Kansas City’s partners in the effort include KCSourceLink, Digital Sandbox, Project United Knowledge, Justine Peterson micro lending program,Ewing Marion Kauffman Foundation, and Economic Development Corporation of Kansas City.

startland-tip-jar

TIP JAR

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

2018 Startups to Watch

    stats here

    Related Posts on Startland News

    Jeff Kostos, Spear Power Systems

    Grandview-based battery innovator — Evergy Ventures’ first investment — exiting to global power player

    By Tommy Felts | August 23, 2021

    A Kansas City-area startup developing next-generation scalable lithium-ion battery storage systems for land, sea and air is being acquired by a global power management leader, the companies announced Monday. Financial terms of the transaction — through which Grandview-based Spear Power Systems will add its power and talent to Sensata Technologies — were not disclosed. The…

    Dominic Davis and Reggie Meade, The Future is Black (TFIB)

    The Future is Black: Storytelling duo launches effort to inspire new generation of creatives, entrepreneurs

    By Tommy Felts | August 20, 2021

    The future is Black and Dominic Davis wants Kansas City to know it, he said, announcing the launch of a new campaign aimed at better connecting and supporting entrepreneurs and creatives of color.  “When one of us wins, we all win,” Davis said, detailing his decision to found The Future is Black (TFIB) — a storytelling…

    Brad Starnes, Splitsy

    Divide and conquer: Splitsy pulls $70K from crowdfunding, ‘extra bump’ toward launch 

    By Tommy Felts | August 19, 2021

    Splitsy is ready to cash in on its widespread consumer appeal, revealed Brad Starnes, announcing the close of the startup’s first crowdfunding campaign and what it might mean for its rapidly scaling future.  “We’re sitting at about $130,000 in funding right now,” said Starnes, co-founder of Splitsy, noting a nearly $71,000 chunk of the startup’s…

    KC Pioneers leadership team 2021

    KC Pioneers secure six-figure funding from up-and-coming investment firm backed by MySidewalk exec

    By Tommy Felts | August 19, 2021

    “Investment” goes deeper than simply writing a check, Mark Josey said, noting Kansas City’s premier esports league plans on being intentional in raising its $2 million seed round.  “When you’re looking for partners, investors and sponsors, it starts at the core with asking: Do they believe in our mission, vision and value? Do they have…