KCMO adds $350K for entrepreneurs to proposed city budget after advocates’ last-minute push
March 21, 2019 | Austin Barnes
Kansas City entrepreneur advocates gained more momentum Thursday in their bid to receive greater civic support for startups and small businesses.
“Entrepreneurs and small businesses are the driver of the Kansas City economy,” KCMO councilman and Mayor Pro Tem Scott Wagner told Startland Thursday afternoon, following the approval of the city’s $1.73 billion budget.
An additional $350,000 has been allocated to the Urban Business Growth initiative and for general entrepreneurial support.
“This item [is a result of advocacy from] the entrepreneurship community,” added Scott Huizenga, city budget officer, during Thursday’s city council meeting. “They came out in force at our public hearings.”
Kansas City city hall
More than 50 entrepreneurs and startup founders gathered for a public budget hearing earlier this month, calling on the council to better support entrepreneurial endeavors, given the economic impact they bring to the city, Eze Redwood, Rise Fast founder and startup community organizer, said at the time.
Click here to read more about Redwood’s comments to council members.
“I’m pleased that we have been able to place more money in the city’s budget to build capacity and the ecosystem to support [startup] development,” Wagner said Thursday.
Small business owners, startup founders, and advocates of the entrepreneurial ecosystem once again gathered Thursday in support of the amendment to the proposed budget –– which was ultimately approved with no hesitation from council members during the afternoons public meeting.
Now approved, the funds will be combined with $200,000 already set aside for entrepreneurial support, Huizenga said.
Funds could be used to support or inject resources, such as support or training opportunities, into the startup and small business space –– as deemed appropriate by the assistant city manager.
“This is one of the top priorities that came out of our public hearings this year,” Huizenga added.
The KCMO budget year runs May 1 through April 30.
Click here to view details of the budget.
2019 Startups to Watch
stats here
Related Posts on Startland News
Four leading Kansas City entrepreneurs among 2018 Pipeline class
The lives of four Kansas City entrepreneurs selected for the 2018 Pipeline class are about to change forever, said Brian Handrigan, Pipeline member and co-founder of St. Louis-based Traaqr. New fellows were announced Thursday evening at Pipeline’s The Innovators gala, with 13 startup leaders from across the Midwest taking the stage as the first step…
Pipeline celebrates Innovator of the Year, diversity of fellows’ firms (Photos)
Throughout Thursday night’s The Innovators gala, alumni of the Pipeline fellowship teased that their individual classes were the best in the entrepreneur network’s 11-year history. Newcomer to the stage Evan Luxon, however, made a case for the tight-knit 2017 fellows based on the group’s perseverance. “We’re a small, but mighty class,” said Luxon, winner of…
Surging investment network Mid-America Angels announces new director
Nebraska angel investment leader Laura McCoolidge Classen is the new managing director of Kansas City-based Mid-America Angels. Classen, who most recently served for five years as the director of Nebraska Angels, succeeds Rick Vaughn, MAA’s founding managing director. Vaughn will continue working with MAA on a part-time basis. “I enjoyed working with many colleagues in…
‘Better together’: Kansas City gaming startups level up with new entertainment venues
The eSports industry is blowing up, Brandon Williams said. And Kansas City gaming enthusiasts need places to join the party. “It’s a stereotype, but overall, gamers mostly are introverts,” said Williams, co-owner of E-Sports Bar KC in Shawnee. “It’s good to get out of the house and into a setting where there are other people…