$100K in microgrants awarded across 23 struggling, but resilient minority businesses

September 2, 2020  |  Startland News Staff

AbdulRasheed Yahaya, Local Legends Gaming; Lisa Ragan, Safely Delicious; and Shelley Cooper, Diversity Telehealth

Editor’s note: The Ewing Marion Kauffman Foundation is a financial sponsor of Startland News. This report was produced independently by Startland News’ nonprofit newsroom.

A COVID-era resiliency fund that quickly closed applications after receiving a deluge of response from entrepreneurs in need has awarded microgrants to 23 minority businesses on both sides of the state line.

“With many of the federal small business aid programs not reaching our entrepreneurs of color, this was a unique opportunity to create equity,” said Davin Gordon, senior business development officer for AltCap and a member of the evaluation committee for the Kansas City Minority Business Resiliency Grant. “It’s not everyday you get the chance to give away $100,000 in small business grants. The selection process wasn’t easy, and we look forward to the impact these grants will have for the selected businesses.”

All recipients were entrepreneurs of color, according to organizers of the effort, and more than 60 percent of the grant awardees were women.

The fund, supported by the Ewing Marion Kauffman Foundation and administered by the UMKC Innovation Center and partnering financial institutions, was created to help business owners who haven’t been able to access disaster financing and relief funding at the same rate as others during the COVID-19 pandemic.

Click here to read more about the grant program’s launch.

All businesses awarded a microgrant are majority owned by racial/ethnic minority entrepreneurs, are located in the Kansas City Metropolitan Statistical Area, have proof of sales in 2019 that didn’t exceed $250,000 and have been negatively impacted by COVID-19.

The 100-applicant threshold was met in just two hours after applications opened Aug. 17, illustrating the immense need of a grant fund such as this, which does not require recipients to repay any of the financing they receive through this opportunity. Recipients could request between $500 and $5,000.

Click here to learn more about the immediate response to the Kansas City Minority Business Resiliency Grant.

Of the 23 businesses receiving funding through this grant, 20 received the full amount they requested, according to the UMKC Innovation Center. An additional three businesses received funding with remaining funds.

Entrepreneurs and businesses supported through the fund’s grant rollout include:

Missouri

Kansas

Click here to explore KCSourceLink’s COVID-19 resources.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2020 Startups to Watch

    stats here

    Related Posts on Startland News

    Closing KCK’s Black-owned coffee shop opens opportunity for Kinship to brew bigger, owner says

    By Tommy Felts | February 1, 2025

    When TJ Roberts posted on social media about closing Kinship Cafe, a Black-owned coffee shop in Kansas City’s Strawberry Hill neighborhood, he was surprised by the outpouring of support — a morale boost that not only gives him the spirit to keep fighting for the business, but expand it, he said. “When we posted about…

    Kansas brothers launch speedy trial for app that eases reentry for the wrongfully incarcerated 

    By Tommy Felts | January 31, 2025

    Podcast host-turned-innovator Dylan Carnahan is a man built for talking, he said, but there’s a time when words aren’t enough — when action is needed in the face of injustice. For Carnahan and his brother, that moment is now. “While media spreads awareness, software facilitates action,” said Carnahan, teasing the tech he’s developing alongside Alex…

    Restaurant’s nostalgia is only part of it’s recipe: How Paul’s Drive In sizzled a community staple by ‘doing good first’

    By Tommy Felts | January 31, 2025

    Editor’s note: The following story was written and first published by the Economic Development Corporation of Kansas City, Missouri (EDCKC). Click here to read the original story. In the heart of South Kansas City, Paul’s Drive In on Blue Ridge Blvd has been a cherished staple since the 1960s. Through ups and downs — including…

    Meet six coalitions earning grants through Kauffman Foundation’s new ‘Collective Impact’ funding pathway

    By Tommy Felts | January 31, 2025

    Systemic change happens when communities come together to drive transformation through collaboration, said Dr. DeAngela Burns-Wallace, announcing a half-dozen grants to high-capacity organizations with strategies to close economic mobility gaps in the Kansas City region. The “Collective Impact” planning grants of up to $500,000 are awarded to the winning coalitions are the first piece of…