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The stories, statistics, and news below demonstrate the impact our lending and resources have on the communities we serve.
Our stories embody our commitment to providing solutions that positively impact our borrowers and the communities they serve.
AltCap Stories
$11M Renovation Adds to Lincoln Building’s History of Entrepreneurship, Community Connection
Henry Service purchased the Lincoln Building in 2017 and plans to preserve its legacy as a nucleus of community connection and Black entrepreneurship.
Merging Mediums: Coloratura Founder Aims to Democratize Creativity with ‘Musical Paintbrushes’
Coloratura founder Camry Ivory hopes her company will show the world that “creativity is a universal trait we all have within us.” She created the Coloratura, which allows artists to create electronic music and analog art simultaneously using musical paintbrushes.
Photo Gallery: The 2023 AltCap Your Biz Pitch Competition
Check out some photos from the 2023 AltCap Your Biz Pitch Competition.
Report: Artists Face Challenge of Smaller Audiences in Post-Pandemic America
As the world emerges from the COVID-19 pandemic, the National Endowment for the Arts has unveiled research highlighting a rough development for how Americans engage with artists.
From Prize Money to Patient Impact: How Diversity Telehealth Fuels Health Access
Dr. Shelly Cooper leveraged her $25,000 prize money from the AltCap Your Biz Pitch Competition to better provide health care to children from low-income communities.
From Health Crisis to Startup: How Eve Beverage’s Founder Turned Adversity into Inspiration
Janae’ Barnett’s mother was diagnosed with breast cancer in 2017, which served as the spark to her launching Eve , a functional beverage company that hopes to inspire healthy lifestyles.
Dispelling 5 Common Misconceptions of the New Markets Tax Credit Program
While it may seem straightforward, the New Markets Tax Credit is often misunderstood. To clear up confusion, we’d like to dispel a few common misconceptions we encounter when talking to folks about the program.
Defying Doubters: How a Determined 24-Year-Old Built His Dream Gym in Springfield
Brenden Coker encountered plenty of skeptics en route to launching his first business. The roadblocks, however, only strengthened Coker’s entrepreneurial resolve to start Gymnetix, a gym based in Springfield, Missouri.
Historic El Torreon Continues 96-year Evolution with Redevelopment, New Markets Tax Credits
The redevelopment of El Torreon represents a partnership to bring new life to a historic music and community venue that will serve Kansas City for generations to come.
Monarch Conservatory transforms abandoned Blue Springs car wash into dance studio
With the help of two AltCap loans over five years, the Monarch Conservatory recently expanded its arts business into a 7,000-square-foot studio space in Blue Springs, Missouri.
‘We weren't going to get that project done’ — How the New Markets Tax Credit helped fuel the Linwood YMCA
Learn how the New Markets Tax Credit helped fuel the Linwood YMCA’s $10.3 million renovation in 2015 that continues to serve as a vital health and community space for the area.
Cafe Cà Phê Founder Forges Community, Culture and Inclusivity in Columbus Park
As a first-generation, Vietnamese-American woman, Jackie Nguyen envisioned a shop that cultivates a culture around its coffee — and curates a space where Kansas City’s Asian-American community could feel welcome and celebrated.
AltCap Relief Fund Impact Report for 2021
Together we made a difference. Our impact during the COVID-19 pandemic helped to propel many entrepreneurs in the KC area.
AltCap Borrower Leans On Relief Funding To Stay Afloat
Yogurtini’s Isaac Collins reflects on the importance of community support during COVID-19
Blip Makes a Come Back Following Relief Uncertainty
How Ian Davis led his small coffee business through the pandemic with support from AltCap
Cottontale KC Thrives, Pays Forward Small Business Support During COVID
AltCap helped support Kiffany Bosserman’s creative idea. She shares it with other entrepreneurs.
Sigh of relief: AltCap Helps Local Realtor Get Back on Her Feet
How CELT Realty Group founder Carletta Temple made her own way during the pandemic.
MBA Class Provides Consultant Services to Real-World Firms
A unique partnership between the UMKC Bloch School of Management and AltCap, however, is bringing valuable consulting services to local entrepreneurs from underrepresented communities.
Smile and say “Cheesesteak!”
Open wide and you can almost taste the cheesy and meaty goodness of a Steak’M Take’M Cheesesteak. That savory glory reaches a bigger audience now that the family-owned restaurant expanded to a third location with help from AltCap.
For press and data inquiries.
AltCap is happy to provide content about the impact of our work or connect you to small business owners with incredible stories.
For more information, submit the form to the right or contact Megan Crook, Director of Advancement and External Affairs, at megan@altcap.org or (816) 777-9331.