Kauffman Foundation looks within, names new executive director for 1 Million Cups, FastTrac

June 17, 2024  |  Startland News Staff

Olatunji Ajani, 1 Million Cups, FastTrac; photo courtesy of the Ewing Marion Kauffman Foundation

The new steward of two core programs from the Ewing Marion Kauffman Foundation brings a wealth of experience in inclusive entrepreneurship and as a workforce development leader, the influential Kansas City philanthropic organization said Monday.

Olatunji Ajani, 1 Million Cups, FastTrac; photo courtesy of the Ewing Marion Kauffman Foundation

Olatunji Ajani, a current associate at the Kauffman Foundation, begins his role as executive director for 1 Million Cups and FastTrac on July 1. Both programs were launched by the Kauffman Foundation to address root causes and break down systemic barriers so that all people  have the opportunity to achieve economic stability, mobility, and prosperity.

“These programs can change the trajectory of cities by nurturing entrepreneurs and fostering innovation within our communities,” said Ajani. “By supporting entrepreneurs, we’re supporting the workforce of our future.” 

Ajani is based in Kansas City, but will be driving strategy nationwide, the Kauffman Foundation said, noting the hiring of this position is a recommitment to the programs and their continued growth and success.

Click here to learn more about 1 Million Cups programming in Kansas City.

Olatunji Ajani, 1 Million Cups, FastTrac, speaks with Elijah Dormeus, I Am Foundation; photo courtesy of the Ewing Marion Kauffman Foundation

He is tasked with building and supporting both programs, locally and nationally, driving forward the mission of empowering entrepreneurs and fostering vibrant entrepreneurial ecosystems, Kauffman said. His strategic vision and passion for innovation are ready to propel these initiatives into the future, further solidifying their impact on the entrepreneurial landscape, both locally and nationally, the organization said.

Prior to joining the Kauffman Foundation in 2022, Olatunji led programmatic work for the Lemelson Foundation and the Aspen Institute, where he was tasked with sustaining, growing, and developing data-driven strategies to achieve impact. Olatunji has played key roles in management consulting, technology start-ups, impact network management, and nonprofit leadership. 

FastTrac is an entrepreneurial education program that carries out Ewing Kauffman’s belief that everyone has a fundamental right to turn an idea into an economic reality, while 1 Million Cups seeks to provides a supportive, inclusive space for entrepreneurs and their communities to gather and connect, where they can work through business challenges and identify opportunities.

“The Foundation remains committed to strengthening economic mobility through entrepreneurship and hiring Olatunji to lead these efforts is a continued demonstration of that commitment,” said Dr. DeAngela Burns-Wallace, CEO, Kauffman Foundation. “His dedication to creating sustainable impact and his passion for nurturing long-term success will undoubtedly strengthen these initiatives for years to come. Greater equitable economic mobility for all is our vision and our support of these programs is one more step towards that.”

startland-tip-jar

TIP JAR

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

2024 Startups to Watch

    stats here

    Related Posts on Startland News

    Cybersecurity automation: How to do more with less

    By Tommy Felts | October 14, 2024

    Editor’s note: The opinions expressed in this commentary are the author’s alone. BARR Advisory, which has offices in Kansas City, is a cloud-based security and compliance solutions provider, specializing in cybersecurity, is a financial partner of Startland News. Click here to check out more from this Cybersecurity Month series from BARR Advisory. In today’s rapidly…

    ARtechBBQ is back, bringing Oktoberfest vibes to KC’s best-smelling celebration of tech

    By Tommy Felts | October 11, 2024

    While the party has grown larger each year, Greg Kratofil said, the goal of the ARtechBBQ remains the same: to highlight Kansas City’s tech community at what he calls the closest thing the city has to Mardi Gras. The hotly-anticipated, one-night-only event returns 6 p.m. to midnight Nov. 1 at the Kansas Speedway during the…

    CEO: Selling US Toy allows family owners to refocus on innovative early childhood learning tools

    By Tommy Felts | October 10, 2024

    Selling the family-owned US Toy business — a brand that became a household name over its 70-year run — allows its third-generation ownership to shift their full attention to a sister company that serves the early childhood industry with STEM resources, classroom furniture, playground equipment, and more, said Seth Freiden. Constructive Playthings, led today by…

    Biotech startup’s latest partnership gets its UniPen into the hands of more pharmacists

    By Tommy Felts | October 10, 2024

    A new strategic partnership for Love Lifesciences is expected to leverage its core product — a safe, self-administered injection medication delivery system — to new groups of like-minded, innovation-first companies, said Nick Love. The Overland Park biotech startup on Wednesday announced the deal with the Alliance for Pharmacy Compounding (APC), a leading trade organization, to…