AltCap
AltCap banks $55M in tax credits to bolster KC’s underserved entrepreneurs
A huge award will enable AltCap to make a broader entrepreneurial impact in low- to moderate-income communities throughout Kansas City. AltCap — a Kansas City-based community development financial institution that focuses on underserved populations — has received a $55 million new markets tax credit award from the U.S. Department of the Treasury. The award enables…
1 Million Cups celebrating black startups with all black founders, experts in February
A lineup of all black presenters and experts at February’s 1 Million Cups events aims for exposure and awareness about Kansas City’s thriving community of black entrepreneurs, said Adrienne Haynes. “Many of these companies are not necessarily tech-based. They might not be at Plexpod or WeWork. Many of them have their own facilities — maybe…
Kauffman Foundation rolls out $1.2M microlending program to help underserved entrepreneurs
Amid a swarm of 160 events as part of Global Entrepreneurship Week, the Ewing Marion Kauffman Foundation announced a new microlending program to spur investment in underserved entrepreneurs. In partnership with four microfinance lenders, the foundation issued a series of grants totaling $1.2 million that a will change the way the nonprofit microlenders capitalize their…
AltCap launches small business competition in KC
After a recent rebrand, Kansas City-based AltCap is back with a new small business competition aimed at local entrepreneurs. AltCap program manager Christine Kahm said their first program is seeking to aid those businesses who aren’t looking for venture capital funds or angel investors, but who do need help getting their business idea off of…
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