January 11, 2017 1:45PM
Entrepreneurs with sights set on launching new businesses in southeast Kansas now have an opportunity for funding to help make those dreams come true.
The Pittsburg State Center for Innovation and Business Development (CIBD) is now accepting applications for grant money made available through the Department of Commerce JumpStart Kansas Entrepreneur program. The goal of JumpStart is to incentivize and encourage new businesses while developing the entrepreneurial spirit in the state by partnering with state universities.
“We want to target entrepreneurs who do not necessarily have the access or the opportunity to get a jumpstart sort of fund,” said Kansas Commerce Secretary Antonio Soave. “JumpStart Kansas Entrepreneur is early-stage capital. We believe in these Kansas entrepreneurs and we want to help them succeed in their endeavors so we are willing to be the first money in.”
The CIBD received $100,000 to operate the program in southeast Kansas. More than $60,000 of those funds are available for grants to entrepreneurs. The remaining amount will be used to administer and market the program.
“This new program from the Department of Commerce compliments our existing broad range of entrepreneurial and business services,” said Shawn Naccarato, executive director of the CIBD. “This program is designed to give entrepreneurs who may otherwise not explore their idea the seed money and support to start their business.”
The maximum grant available is $10,000. The funds awarded must be used toward the goal of creating new businesses for Kansas. These businesses are required to stay in Kansas for a specified period of time.
Grant applications are available at http://cibd.pittstate.edu. Click the red button that reads “JUMPSTART KANSAS APPLICATION" to download the application.