KCMO adds $350K for entrepreneurs to proposed city budget after advocates’ last-minute push

March 21, 2019  |  Austin Barnes

Eze Redwood, Rise Fast

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

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.

 

startland-tip-jar

TIP JAR

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

Tagged , , ,
Featured Business
    Featured Founder

      2019 Startups to Watch

        stats here

        Related Posts on Startland News

        Wesley Hamilton, WeWork Creator Awards

        Wesley Hamilton earns international WeWork award, surprise $18K prize

        By Tommy Felts | January 20, 2018

        When he arrived in New York City this week to accept one of four WeWork Community Giver awards, Wesley Hamilton was shaking with pain, he said. “My body was hurting so bad, I knew something great was going to happen,” said Hamilton, a Kansas City adaptive athlete and founder of the nonprofit Disabled But Not…

        SlickRinse

        Fund Me, KC: SlickRinse helps preserve your contact lenses

        By Tommy Felts | January 19, 2018

        Editor’s note: Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. If you or your startup is running a crowdfunding campaign, let us know by contacting news@startlandnews.com. Who are you? Brandon Presley, founder of SlickRinse What’s your product? SlickRinse is a new contact lens case that helps you take better…

        Amazon's HQ2 finalists map

        Amazon narrows finalists for HQ2; Kansas City not on the list

        By Tommy Felts | January 18, 2018

        Kansas City apparently isn’t the prime location for Amazon’s HQ2, but area development leaders say the lessons learned from pursuing the online retail giant’s second headquarters not only united the metro, but better prepared it for future bids. “I understand that some Kansas Citians may be disappointed by the Amazon announcement,” Mayor Sly James said…

        Pipeline

        Pipeline readies fellows, judges, award finalists ahead of Innovators gala

        By Tommy Felts | January 18, 2018

        It’s nearly gala time for the Pipeline Entrepreneurial Fellowship and its alumni, as the program prepares to award top honors next week. Eight fellows from the 2017 Pipeline class are set to compete in an Aug. 25 pitch competition, which will culminate with one participant being crowned Innovator of the Year during a sold-out “The…