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
TEDxYouth@KC invites teens into pressing, real-world conversations, event emcee says
Including teens in conversations about real world issues is the key element that will set Kansas City’s TEDxYouth@KC apart from other TED-branded conferences, said Kyra Colbert. “We’re going to be the future and if we don’t get involved now and we don’t get informed about what’s going on, how are we going to know what…
New Black & Veatch accelerator bent on changing the world, powered by LaunchKC
A new accelerator powered by LaunchKC is Black & Veatch’s attempt to “create the world that we want,” said Hyleme George, director of the freshly announced IgniteX CleanTech program. “It’s a world that we want to invest in to accelerate the adoption of sustainable infrastructure,” George continued. “What that means is a world where there’s…
Blockchain KC event aims to put Kansas City on the map for crypto thought leadership
Kansas City is running low on blockchain-fueled innovation, said Shekhar Gupta. “I want to see Kansas City as one of the top places where people think about blockchain,” said Gupta, chief technology officer of Overland Park-based SaaS firm Asuun, and organizer of the inaugural Blockchain KC conference. “I have a big map on my wall…
‘Heartbreaking but empowering’: Nipsey Hussle’s life, death inspire entrepreneurs to action
The Marathon will continue, Wesley Hamilton said, echoing tens of thousands of mourners now pledging to keep alive the transcendent entrepreneurial spirit of rapper-turned-community leader Nipsey Hussle. Hamilton, founder and executive director of the KC-based nonprofit The Disabled But Not Really Foundation, was among a dozen or more Kansas City entrepreneurs in Los Angeles Thursday…