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
Fund Me, KC: FireBoard’s thermometer cooks up smarter chefs
Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like Fireboard founder Ted Conrad — to share their stories to gain a little help from their supporters. Back FireBoard’s Kickstarter here. Who are you? Ted Conrad, founder of FireBoard What does FireBoard…
Serial entrepreneur Gary Fish’s new venture is ‘about helping others be successful’
After over a year of settling down into a relaxed lifestyle, serial entrepreneur Gary Fish found that he missed the thrill of competition that comes with running a business. In April, the successful Kansas City businessman launched Fishtech Labs — a managed security services company that also boasts an investment arm that targets tech firms.…
Ahead of KC Coworking Week, leaders dispel industry misconceptions
About a year ago, leaders in Kansas City’s coworking industry banded together in an alliance to bring awareness to their trade. The Kansas City Coworking Alliance has grown as a catalyst in the area startup community, promoting independent collaborative working among entrepreneurs and remote workers. Comprised of 10 studios around the metro, the group is…
Gratitude inspires study of Arabic, storytelling-mission for Techweek CEO
Polished and poised, Amanda Signorelli is one part executive and two parts storyteller. As CEO of Techweek, Signorelli leads a team whose mission is to highlight and catalyze innovation hubs outside Silicon Valley. Much like Kansas City’s entrepreneurial ecosystem, Signorelli’s organization is trumpeting the message that a vibrant tech community isn’t exclusive to trendy, Bay…