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
After St. Joseph tech firm acquisition, Online Tech expands to KC
Ann Arbor-based Online Tech has acquired a St. Joseph, Mo. cloud firm, paving the way for its expansion into Kansas City. The cloud security company announced Thursday that it purchased St. Joseph-based Echo Cloud, which provides colocation and cloud hosting services. Echo Cloud CEO Bill Severn said he’s pleased to be joining the Online Tech…
Before and after: Tour progress at KC’s massive coworking campus, Westport Commons
Launched in 2015, Plexpod Westport Commons recently opened its doors after completing phase one of the project to revamp a middle school to become a coworking campus. Opened in April, the 160,000 square-foot, formerly vacant Westport Middle School has new life as a huge coworking space that will house more than 500 people and dozens…
Voting open: Hyperloop One gauges interest in semifinalist routes
If MLB All-Star voting is any indication, Kansas Citians are quite adept at voicing their opinions online. Well, that skill should come into play as part of an online poll that could help Kansas City land a Hyperloop One route. The futuristic transportation system would haul people at speeds of about 760 miles per hour,…
Startup Weekend returns to Kansas City in June
People often ruminate for years on a startup idea, calculating risk, analyzing a market and perfecting a pitch. With Startup Weekend, that course of contemplative construction is distilled into 48 hours of ideation, iteration and presentation. And after a year hiatus, the event is returning to Kansas City for wild weekend of founding fury. Startup…