Growing an entrepreneurial environment in Kansas by cultivating resources to start and grow small businesses.
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StartUp Kansas is NetWork Kansas’ original loan program, providing gap financing so more entrepreneurs can startup and grow. Until recently, StartUp Kansas funds were only available to businesses in rural areas (less than 50K pop) and distressed areas of an urban city. This criteria has been recently expanded to include businesses located in an urban area that benefit a disadvantaged and/or underserved population.
The month of May saw 10 businesses receive funding through the StartUp Kansas and E-Community funding programs. The Salina E-Community approved funding for Blue Skye Brewery and Eats and River Bend Farms. Wabaunsee County approved its first E-Community deal for Paxico Longbranch. The Phillipsburg E-Community approved two deals, one a joint loan with StartUp Kansas for Farmers & Ranchers Outlet and the other a loan to Meah’s Closet. Scott City E-Community also approved an E-Community loan that was complemented with a StartUp Kansas loan for Nu Life Market. In McPherson, the E-Community loaned funds to McPherson Quality Air and Pottawatomie County provided funds to Paramour Coffee to support an expansion. Hillsboro Development Corp. received funding from the Hillsboro E-Community to purchase a bowling alley. Finally, Jason Drake Photography in
Russell, KS was approved for a StartUp Kansas loan.
Reminder! Several NetWork Kansas funding programs have deadlines coming up. Be sure to submit your applications early to avoid delays receiving approvals and funding. This is especially important during the summer, when many people go on vacation.
2013 Entrepreneurship Community Competitive Round Open
Communities interested in joining the 39-Community E-Community partnership are now able to submit partnership proposals. New Entrepreneurship Communities are selected annually and gain access to significant resources to grow entrepreneurial ecosystems along with the opportunity to develop a locally controlled revolving loan fund. A detailed written application and in-person interview will be required. Interestedcommunities should have initiated a relationship with NetWork Kansas prior to applying. If members of your Leadership Team and Financial Review Board have not met with NetWork Kansas prior to submitting this proposal, please contact Erik Pedersen (316-978-7310 or firstname.lastname@example.org) to schedule a meeting. Applications submitted without a NetWork Kansas meeting will probably not be selected.
The National Center for Economic Gardening presents its 11th annual national conference Nurturing Entrepreneurs, Growing Economies from June 5 through June 7, in Kansas City, Mo. Come hear experts- including NetWork Kansas’ Steve Radley, Corey Mohn, and John Gendron – talk about how to grow economies and nurture entrepreneurs.
Keep pace with the action on Twitter by following the hashtag #negc13
If you haven’t had the opportunity, take a moment to click over and follow the NetWork Kansas Facebook Page. Let us know the great things your organization is doing to grow entrepreneurship by sharing photos, comments, and links with us on our page!
Save the Date! E-Community Conference & Great Plains Capital Conference, October 30-31, 2013
Save the date for another great, collaborative conference between the NetWork Kansas E-Community partnership and the Great Plains Capital Conference. Although only our E-Community partners will be invited to the E-Community conference on October 31, all partners can register to attend the GPCC. Watch for more information coming soon.
Note – Please feel free to republish this information in your own organization’s newsletter or forward to others interested in the information.
IBSA is a nonprofit organization that provides direct employment or career counseling, micro-enterprise training & development and facilitates courses involving specialized training and certification. Educational opportunities are provided in partnership with the Kansas Department of Commerce, the Workforce Partnership of Service Delivery Area III, and other government and nonprofit agencies.
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