$500K Etsy grant expected to help AltCap offer microloans to artists, creative entrepreneurs

AltCap this week announced a new partnership with the global marketplace Etsy to provide microloans to artists and creative entrepreneurs in America’s Heartland.  Etsy has awarded AltCap, an impact-focused small business lender, a $500,000 grant to provide $1,000 to $10,000 loans through the ARTcap Microloan Fund to artists and creative entrepreneurs in Kansas, Missouri and…

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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…

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Kauffman grants $5.3M to AltCap to help those overlooked by lenders access capital

AltCap team at the 2021 AltCap Your Biz competition during GEW KC

Editor’s note: The Ewing Marion Kauffman Foundation is a financial supporter of Startland News. 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 applications…

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KC’s first Vietnamese coffee shop brews $20K at AltCap Your Biz; other winners include an urban farm, development company and selfie studio

Madoka Koguchi and Jackie Nguyen, Cafe Cà Phê; 2021 AltCap Your Biz grand prize winner

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.…

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