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

    WeCode KC, high school partner to launch cybersecurity program for students 

    By Tommy Felts | March 23, 2024

    A new program from an expanding Kansas City nonprofit plans to expose high school students to job readiness and life skills that prepare them for careers in cybersecurity, right out of high school.  WeCode KC, which promotes tech education and creating sustainable career pathways, recently announced a partnership with KIPP Legacy High School to introduce…

    WeWork closing Corrigan Station, once a core hub for Kansas City’s startup community

    By Tommy Felts | March 22, 2024

    Coworking giant WeWork on Thursday confirmed the planned closure of its Corrigan Station location in Kansas City — a space once closely intertwined with the local startup scene and its flourishing culture of innovation. “As part of WeWork’s strategic restructuring efforts, we have made the difficult decision to end our operations at Corrigan Station,” a…

    Starting a business in KCMO is too expensive, study says; here’s how the city can cut those costs

    By Tommy Felts | March 21, 2024

    Entrepreneurs in Kansas City, Missouri, face a higher cost of entry to the world of small business than their peers in St. Louis — or even just across the state line in Kansas City, Kansas, said Jennifer McDonald. “We look at things like how expensive it is to start a business, how complicated it is,…

    Royals’ pitch for a Crossroads ballpark isn’t the first; what struck out KC’s plans for a domed downtown stadium 60 years ago?

    By Tommy Felts | March 21, 2024

    Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. On June 27, 1967, Jackson County voters approved a $102 million general obligation bond…