K-State 105 entrepreneurship project advances economic growth in Douglas County

September 10, 2024  |  Startland News Staff

A Douglas County CORE meeting as part of the K-State 105 initiative; photo courtesy of K-State News

Editor’s note: The following story was originally published by K-State News.

[divide]

MANHATTAN, Kansas — A K-State 105 project is boosting economic growth in Douglas County by building an entrepreneurship ecosystem. Project organizers say the effort The network of aspiring entrepreneurs and established businesses could add 1,300 technology and 300 non-tech, high-paying jobs to Douglas County by 2040, organizers said. And the effort likely can be replicated in every Kansas county.

In collaboration with K-State Research and Extension, Kyle Johnson, founder of Douglas County CORE, Inc., said the network of aspiring entrepreneurs and established businesses can likely add 1,300 technology and 300 non-tech, high-paying jobs to Douglas County by 2040.

If they do, Johnson said the potential increase in the local gross domestic product — an indicator of economic prosperity based on the total market value of local goods and services — could hit $1.2 billion.

“Any community that is interested in growing their own economic development efforts through entrepreneurship can learn from what Douglas County CORE has done and what it aspires to do,” said Marlin Bates, director of K-State Research and Extension’s office in Douglas County.

Douglas County CORE — an acronym that stands for Connections, Opportunities and Resources for Entrepreneurs — was developed to make entrepreneurship easier in the county.

That work so far has focused on establishing quarterly programs to attract entrepreneurs, including a competition to pitch ideas and award funds to the winners as well as monthly meetings, fellowships, advisors, capital and microgrants, Johnson said.

“None of those concepts existed in Douglas County with any scale or consistency, except for maybe assistance with certain kinds of capital raises,” he said.

“Our program is different because it is led by entrepreneurs,” Johnson added. “We advocated for these concepts for years while building our own businesses and finally decided a new non-profit would need to exist to deliver the programs we envisioned.”

Click here to learn more about Douglas County CORE and its programs.

Bates was already involved in Douglas County CORE through his office’s community development work. The collaborative work recently received financial support from the K-State 105 program, which was established to support economic growth and advancement in Kansas.

K-State 105 leverages the statewide K-State Research and Extension network to deliver the full breadth of the university’s collective knowledge and solution-driven innovation to every Kansan, right where they live and work.

Additionally, K-State 105 forges the connections and partnerships that create access to additional expertise within other state institutions and agencies, nonprofits and organizations — all part of an effort to build additional capacities and strengths in each of the state’s 105 counties.

“The timing of this work is important to consider,” Bates said. “The COVID-19 pandemic shifted interest in entrepreneurship. It used to be that entrepreneurs pursued their business ideas because they wanted to, but we’re now seeing more entrepreneurs emerge out of necessity. With more interest in entrepreneurship, communities should be actively recruiting aspiring entrepreneurs into the ecosystem to more fully consider their paths forward.”

Douglas County CORE set a goal to attract 100 entrepreneurs in 2024. In the first four months of the year, 94 had already signed up.

The group is planning a startup weekend Oct. 4-6 at the KU Innovation Park, during which it will help early-stage tech projects or businesses prepare a pitch deck or prototype. Johnson says the group still has 10 spots available.

“One of our primary jobs is to develop and launch new programs quickly,” Johnson said. “We don’t let fear or over-analysis get in the way of progress. We’ve been discussing these concepts since 2014, and we’re focused on delivering results for entrepreneurs in Kansas.”

startland-tip-jar

TIP JAR

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

Tagged , ,
Featured Business
    Featured Founder

      2024 Startups to Watch

        stats here

        Related Posts on Startland News

        CAPS Network

        New national CAPS Network grows from local program

        By Tommy Felts | October 2, 2015

        The Blue Valley Center for Advanced Professional Studies is helping create a national consortium that will band together schools to boost an innovative education model. Blue Valley CAPS executive director Corey Mohn said that his program often receives interest from other schools to learn about its curriculum, which pushes students to collaborate with businesses and other professionals in…

        Events Preview: Innovation Summit, American Royal

        By Tommy Felts | October 1, 2015

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Founder Series: Gaining Working Capital Without Losing Equity When: October 1 @ 4:00 pm – 5:00 pm Where: Enterprise Center of Johnson…

        KC startup boosts overseas businesses

        By Tommy Felts | October 1, 2015

        Holly Godfrey’s business partners are in India, Nepal and Rwanda. The timing works well, since their daytime falls during her nighttime. As she gets ready to shift her focus from her full-time day job as the rehabilitation manager at Truman Medical Center to her startup, Catalyst Scrubs, her colleagues abroad are just beginning their day.…

        Report: Kansas City is ‘meh’ for millennial entrepreneurs

        By Tommy Felts | September 30, 2015

        A recent survey found that young entrepreneurs view Kansas City as a rather pedestrian locale to launch a business. Millennial entrepreneurs ranked Kansas City as the 30th best city to start a business, according to a Thumbtack survey of about 3,700 entrepreneurs aged 34 and under. Thumbtack, which created a marketplace that connects professional service…