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
KC angels pile in with $2.74M funding raise for Matt Watson’s Stackify
A team of six local angel investors has pushed Kansas City-sourced Stackify past the $2 million mark in the company’s latest funding raise, Matt Watson announced Wednesday. “We are using the funds to continue our aggressive growth plans,” Watson, founder and CEO, said of the raise. Uploaded onto the startup scene in 2012, Stackify has…
Smart strategy generates wins for Evergy Ventures — KC’s quiet investment powerhouse
Editor’s note: The following content is sponsored by Evergy Ventures but independently produced by Startland News. As two long-standing utility companies merge, they’re creating a new kind of energy for GXP Investments — now known as Evergy Ventures — said Dennis Odell, announcing a rebrand of the investment firm. “GXP Investments — GXP — it…
Predicting sick days: Sickweather showers HR with data on illness mapping, trends
It’s a partnership more than a year in the making, said Graham Dodge, announcing Sickweather’s deal to help a leading employee benefits company predict workers’ sick days. The Kansas City-based startup is piloting a program among the more than 10,000 employees at Unum Group to give managers more data and insights to plan for absenteeism.…
Vintage WiFi mashup: Designer converts old items into bluetooth speakers at Troost T-shirt shop
Rick Kloog’s T-shirt shop on Troost resonates with the sound of side hustles — combining the former music producer’s previously untapped talents for a Vintage WiFi effect. The “funky little vintage store” blends original Kansas City-designed shirts, and miscellaneous items — most of which Kloog converts into bluetooth speakers — as well as other original…