AltCap
$1M investment in new impact fund to boost minority and women-owned ventures in KC
A $1 million cash injection from The Sunderland Foundation will further efforts to bolster the only impact-oriented, opportunity zone fund focused entirely on Kansas City. equity2 Partners announced the investment Tuesday, marking a significant milestone for the mission driven impact investment firm which has committed to deploying capital in inclusive and equitable ways — especially amid the…
COVID is hurting small biz — but how to help? AltCap, KCBizCare launch listening tour to find best strategy
To help Kansas City’s small business community, leaders first must know what entrepreneurs actually need, said Ruben Alonso, announcing the launch of a KCMO-backed, city-wide listening tour. “As we look to recover from the economic disruption caused by COVID-19, it is critical we hear from small businesses, the lifeblood of our communities so that we…
$100K in microgrants awarded across 23 struggling, but resilient minority businesses
Editor’s note: The Ewing Marion Kauffman Foundation is a financial sponsor of Startland News. This report was produced independently by Startland News’ nonprofit newsroom. A COVID-era resiliency fund that quickly closed applications after receiving a deluge of response from entrepreneurs in need has awarded microgrants to 23 minority businesses on both sides of the state…
100 requests in two hours: $100K resiliency fund closes applications for minority biz relief grants
Editor’s note: The Ewing Marion Kauffman Foundation is a financial sponsor of Startland News. This report was produced independently by Startland News’ nonprofit newsroom. Overwhelming response to a new resiliency grant fund for minority-owned businesses hit by COVID-19 exposes a humbling reality, said Sarah Mote. Applications for the grants — funded by the Ewing Marion…
Thirsty for growth: Freshly rebranded Smart Beverage doubles team, expects $2M+ revenue boost
If pivots pour progress, Luke Einsel’s glass is full, the entrepreneur said, announcing a rebrand for Thirsty Coconut and new partnerships that could drive revenue through the roof for the frozen and chilled beverage distributor. “We’ve really gone through and got our processes right and we have a repeatable, scalable model that works in Kansas…
