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
Bevy of area businessmen are EY award finalists
Eight Kansas City-area businessmen are now finalists for a national entrepreneurship award. Ranging from techies to whiskey-makers, the regional finalists of the EY Entrepreneur of the Year awards recognize those “who are building and leading successful, growing and dynamic businesses.” Sponsored in part by the Kansas City-based Ewing Marion Kauffman Foundation, EY operates its award…
Fund me, KC: Garden Thorn wants to turn your thumb green
Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like The Handy Camel CEO Tom Gray — to share their stories to gain a little help from their supporters. If you or your startup is running a crowdfunding campaign, let us know…
Entrepreneurial foundation names local ‘startup champion’ as director
The Kansas City Startup Foundation’s year-long search for a new executive director ended right where it began. The foundation — whose mission is to unify Kansas City’s startup and entrepreneur community — recently hired Matthew Marcus as its executive director. Marcus, who most recently served as the foundation’s chairman, will begin his tenure in May. “It’s…
How wearables could change America’s pastime and Amazon’s big oops
In this week’s roundup of watercooler talk from the region’s startup hubs, we have the dish on Major League Baseball wearables, Amazon’s flub with expanding the digital divide and Chicago’s STEM workforce issues. Check out more in this series here. Mobile Commerce Press: Major League Baseball gives the nod to wearable technology No, this doesn’t…