(Kansas City) June 19, 2019 - Thanks in part to the New Markets Tax Credit (NMTC) program, Kansas City will see the development of a 44,000 square foot manufacturing and research facility for the all-natural probiotic and biochemical producer, Probiotic Holdings. Last week, the Kansas City-based company announced the closing of a $6 million investment made possible with the support of AltCap, UMB Bank, and U.S. Bank.
If you’ve been having a hard time getting cold, hard cash to support your business, we’ve got some exciting news for you. AltCap has partnered with Access Ventures to bring the first character-based microloan to the KC Metro area: The Kansas City Growth Loan.
AltCap is pleased to release the Kansas City Growth Loan, the first character-based microloan available in the Kansas City metro. Made possible through a partnership between AltCap and Access Ventures, a Louisville-based private operating foundation, the Kansas City Growth Loan provides an alternative to standard lending for startups and other small business owners, who have had difficulty accessing affordable capital with reasonable terms.
As a Kansas City-based Community Development Financial Institution, AltCap has deployed over $200 million in NMTC financing to catalytic real estate development projects and to job-creating small businesses in underestimated communities throughout Kansas City.
Yesterday was an exciting day for participants of the AltCap Your Biz: Pitch Competition. The popular annual competition, which offers small business owners and aspiring entrepreneurs an opportunity to win a cash award and access to technical assistance resources, concluded with a happy hour event and awards announcement during Global Entrepreneurship Week.
A highlight of the Kansas City GEW action will be the AltCap Your Biz: Closing the Deal Happy Hour. RSVP to join us for appetizers, beverages, and the special awards announcement on Wednesday, November 14, 4:00-5:30 pm in the Medallion Theater at Plexpod Westport Commons (300 E. 39th Street, Kansas City, MO).
The Health Care Foundation of Greater Kansas City (HCF) has announced 15 new participants in its Healthy Communities Leadership Academy…
It’s a familiar story in the urban core of Kansas City: First, one house falls into disrepair because of death or unemployment, while another is abandoned because clear title to the property can’t be obtained. The weeds grow tall, porches collapse, abandoned cars clutter the street and soon the block — then the neighborhood — is in full-fledged decline. …
Join us Wednesday, October 3 at Plexpod @ Westport Commons from 5:30 - 7:00 PM to learn about the opportunities and challenges of breaking into entrepreneurship’s next frontier.
Do you own a business that deserves to be noticed? Enter the AltCap Your Biz competition and see how your best business pitch stacks up to other small businesses in the Kansas City metro area. Winners receive a cash award as well as access to technical assistance resources and peer-to-peer business development mentoring.