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

    Now serving foodpreneurs: KC conference dishes out 30+ sessions for new, growing food businesses

    By Tommy Felts | March 5, 2024

    Launching a food business comes with unique challenges, Xander Winkel shared, and the Mid-Continent Public Library has partnered with several local organizations to help those specialized entrepreneurs find their recipe to success. The Food Business Conference — free workshops, panel discussions, and networking opportunities for “foodpreneurs” that are offered in partnership with the library, Kansas…

    New home on Ward Parkway: $4M minority chamber project brings Black, Brown entrepreneurs under one banner

    By Tommy Felts | March 5, 2024

    A history-making project on Ward Parkway — said to be the first minority-owned property on the storied Kansas City thoroughfare — already is demonstrating the power of unity amid divisive times, said Kim Randolph. Unveiled to the public Saturday, the new Minority Chamber of Commerce Development Center at 9100 Ward Parkway is now home to both…

    Founder earns Pipeline’s ‘best pitch,’ says network’s lifelong support is the real award

    By Tommy Felts | March 1, 2024

    Pipeline judges announced Megan O’Rear had the best pitch Thursday, but the Celerity Enterprises founder was left momentarily speechless when they named her winner of the group’s annual showcase and competition. “It just validates coming back to Kansas City,” said O’Rear, who also serves as the startup’s CEO. “Pipeline wants to help everybody that they…

    KC Chamber’s Superstars celebration empowers everyday small business heroes 

    By Tommy Felts | March 1, 2024

    Editor’s note: The Greater Kansas City Chamber of Commerce is a non-financial partner of Startland News, which serves as the media partner for the Small Business Superstars program. The Blueprint KC has come a long way, said Sheraz Pompey, emphasizing the meaningful impact of being showcased as one of the KC Chamber’s Small Business Superstars.…