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
City asks: ‘What do we want to be when we grow up?’ Startups invited to answer Saturday, Tuesday
The startup community is a strong group the City of Kansas City, Missouri, should embrace — especially as it crafts local legislation and regulations that will shape the metro for generations, said Sarah Shipley. The Kansas City Startup Foundation board chair’s words come as KCMO officials organize a series of community work sessions, geared toward…
ScaleUP! KC announces eighth cohort of firms eyeing serious growth
The ScaleUP! Kansas City program has welcomed another large batch of growing companies hoping to accelerate their businesses. ScaleUP announced Wednesday that it accepted 17 Kansas City area companies into its ranks, offering the firms mentorship, resources and connections. The new cohort of entrepreneurs represent varied industries, such as IT, wellness, landscaping, education, architecture and…
Tech First: Bank’s new pitch event aims to connect investors, startup founders
Roots of growth and prosperity are being planted in Kansas City, furthering the advancement of the metro’s tech sector, said Rob Barker. “One of the biggest challenges for these tech companies is finding those investors to speak to,” said Barker, president – Kansas City Region of First Business Bank. First Business, locally based in Leawood,…
KCK business teacher re-imagines school space as student-led classroom coworking
Nobody’s going to tell you what to do here, Sheyvette Dinkens said passionately. The Wyandotte High School business teacher recently began transforming her space at school into classroom coworking. “I want students to be able to guide their own education,” she said. “I want to be able to facilitate their learning, and I want them…