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

    This gumbo hits The Spot: How Prospect KC’s own students cooked up a prize-winning competition entry

    By Tommy Felts | October 26, 2023

    Gumbo Fest brought two victories for Chef Shanita McAfee-Bryant and the Prospect KC. Not only did the weekend event earlier this month raise money to support the Prospect KC’s mission — empowering individuals and communities through increased food access, nutrition education and culinary job training — the Prospect KC’s culinary students also took home the…

    Money in the tank: Health tech startup lands Pure Pitch Rally’s biggest catch of the day

    By Tommy Felts | October 24, 2023

    The support of Kansas City’s entrepreneurial community — and the “land sharks” at this year’s Pure Pitch Rally — means the world to MedCurate founder and CEO Ashley McClellan, she shared. “They have just wrapped their arms around me as I’ve transitioned from corporate America to the entrepreneurship space,” she continued. “I’m very grateful for…

    KC officially earns title of ‘Tech Hub,’ opening door to massive federal grant funding

    By Tommy Felts | October 24, 2023

    The federal government’s designation of Kansas City as one of 31 U.S. Tech Hubs is expected to further cement the region’s reputation as a leader in vaccine development and biotechnology, said Quinton Lucas, as well as open access to newly launched federal funding opportunities. “The wins keep coming for Kansas City,” said Lucas, mayor of…

    LaunchKC liftoff: Meet 13 startups competing for their share of $300K in grant winnings 

    By Tommy Felts | October 23, 2023

    Kansas City’s premiere grants competition returns in mere weeks with six $50,000 grants on the line, said Becca Castro, and more than dozen startup founders are being interviewed this week to help determine the winners. LaunchKC — a partnership between the Economic Development Corporation of Kansas City, Missouri, and the Downtown Council — plans to…