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AltCap — a Kansas City-based community development financial institution that focuses on underserved populations — is expanding its footprint. In response to small businesses’ growing demand for capital, AltCap will now serve the entire Kansas City metro, including the Kansas counties of Wyandotte, Johnson, and Leavenworth. The move will allow AltCap to finance more small…
Read More >Juaquan Herron has been to LA and back. The 32-year-old got tired of waiting. “I couch surfed, had a child who was not with me, but a supportive wife, and every day I was like, ‘What in the hell am I doing?’” said Herron, an actor and filmmaker who returned to Kansas City after being…
Read More >Birds of a feather scoot together. Joining more than 20 cities across the U.S., Kansas City became the most recent community to welcome a flock of Bird electric scooters. The Los Angeles-based firm dropped off dozens of black, lithium-ion-powered scooters throughout Kansas City, allowing users to rent the vehicles and zip across town with a…
Read More >Despite a living legacy of ongoing entrepreneurial support, even the Ewing Marion Kauffman Foundation doesn’t have all the answers, Wendy Guillies told a 600-strong crowd at Wednesday’s ESHIP Summit kickoff in Kansas City. “We approach our work with a great deal of humility,” said Guillies, Kauffman Foundation president and CEO. “We need to listen and…
Read More >Whether it be in art, technology or science, fledgling fields of study often face challenges of legitimacy when they enter the mainstream. Such is the case for the domain of ecosystem building, which struggles to find validity for and unity among those working to create vibrant communities in which entrepreneurs thrive, said Victor Hwang, vice…
Read More >“What’s the word?” “Respect!” shouted the teenage farmhands at BoysGrow, a two-year program dedicated to teaching entrepreneurship to urban youth through agriculture and farming. The 10-acre BoysGrow farm outside Grandview plays host to 30 to 40 boys, ranging in age from 15 to 17. They work, eat and learn on the nonprofit farm three days…
Read More >Investing in Kansas City startups ultimately brings greater interest from outside funding sources, said Darcy Howe, KCRise Fund founder and managing director. “We continue to be impressed by the increasing early stage deal flow in our region,” Howe said Tuesday in announcing the additions of Kansas City-based PayIt and Main Street Data to the fund’s…
Read More >Already with a lasting legacy of growing the area entrepreneurial ecosystem, Digital Sandbox KC has received significant support that should fuel its program for years to come. The proof-of-concept incubator was recently awarded a combined $950,000 — $450,000 from the Ewing Marion Kauffman Foundation and $500,000 from the Missouri Technology Corporation. The two grants will…
Read More >Victor Hwang posed a riddle to a TEDx crowd gathered in Georgia. What five-letter word was overlooked during the 2016 U.S. presidential campaign and almost never mentioned by the candidates or at the party conventions? The answer is rooted in overcoming inequality, said Hwang, vice president of entrepreneurship for the Ewing Marion Kauffman Foundation. “I’m…
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