Posts Tagged ‘AltCap’
AltCap launches Heartland expansion to aid more small biz typically overlooked by lenders
An expanded geographic footprint for AltCap will see the Kansas City-based small business lender make capital more accessible for entrepreneurs in Missouri, Kansas, Texas, and Colorado. The mission-driven Community Development Financial Institution (CDFI) finances small businesses and community-driven real estate development projects that create more economically-inclusive communities. “AltCap’s expansion has better positioned us for long…
Read MoreKauffman grants $5.3M to AltCap to help those overlooked by lenders access capital
Editor’s note: The Ewing Marion Kauffman Foundation is a financial supporter of Startland News. [divide] A significant new grant from the Ewing Marion Kauffman Foundation is expected to help AltCap support the capitalization and administration of a fund that increases access to capital for entrepreneurs in distressed areas of Kansas City and for those whose credit…
Read MoreKC’s first Vietnamese coffee shop brews $20K at AltCap Your Biz; other winners include an urban farm, development company and selfie studio
Cafe Cà Phê can now afford to build bathrooms in its anticipated brick-and-mortar coffee location, Jackie Nguyen teased on Instagram after being awarded the grand prize at the 2021 AltCap Your Biz: Pitch Competition. “The $20,000 will go toward helping build that out — getting new appliances, [hiring] new employees because we’ve outgrown our cart.…
Read MoreMeet 10 finalists for AltCap Your Biz pitch payout; competition returns during GEW KC
A diverse group of nearly a dozen small businesses are advancing to the next round of the annual AltCap Your Biz: Pitch Competition with finalists ranging from a mobile vegan soul food service to a Northland selfie experience. The “Closing the Deal” live pitch event showcases the 10 best concepts from a pool of 43…
Read MoreAltCap, GIFT, small business allies partner to expand opportunities for Black-owned ventures
A coalition of Kansas City organizations have joined forces to launch a new partnership that will invest in the region’s Black-owned small businesses through flexible debt and equity financing, grant funding and business advisory services, the group announced Thursday. “Unfortunately, many Black entrepreneurs are left out of the financial mainstream when it comes to business…
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