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
Techweek 100 list released: Dozens of KC’s top cultivators, ambassadors and innovators
Techweek Kansas City on Friday released its Techweek 100 list of the premier leaders pushing innovation in Kansas City. The collection of cultivators, ambassadors and innovators is a who’s who of familiar names across the startup, entrepreneurship and tech communities. Released in the runup to Techweek KC’s Oct. 8-12 festivities, the list isn’t a ranking,…
Self-driving cars deliver unexpected challenges, says Burns & McDonnell strategist
City streets filled with safer, automated or self-driving vehicles would come with an unexpected price tag: fewer organ donations because of reduced traffic fatalities, said Julie Lorenz, discussing the promise and paradox of evolving transportation technology. “If you look back in history, it can help you think about the future,” said Lorenz, strategic consultant for…
Not high-growth or a tech startup? AltCap Your Biz $10K prize could be the boost you need
A $10,000 prize can mean a world of difference for the right entrepreneurial dream, said Davin Gordon. “There’s not a ton of opportunities for small businesses to not only pitch their business and go through that process, but actually have an opportunity to win some money,” he said. Entering its fourth year on the startup…
River Watch Beef envisions pure range of ‘farm-to-fork’ products delivered to your door
The beef industry is broken, said Chris Kovac, sitting just an ironic stone’s throw away from the historic Kansas City Stockyards. “We should all educate ourselves on what we’re eating and who we’re buying our food from,” the founder of River Watch Beef said, impassioned as he shared his concern for the health of consumers.…