Archived Awards Content

Awards issued prior to 2025 represent actions taken during previous administrations and do not necessarily reflect current investment priorities.

Enterprise Center Of Johnson County Inc.

Location

Shawnee Mission, KS

 

Project Name

Midwest Seed Capital Consortium

 

Program

Seed Fund Support

Award Amount

Federal Share

Non-Federal Share

 

$150,000.00

$150,000.00

In collaboration with Kansas City’s premier entrepreneurial, philanthropic, business and civic organizations, ECJC will administer and finance a $5 million equity pre-seed fund. While Kansas City has done an excellent job of growing entrepreneurs and supporting them with training and services, the gap in early-stage funding is a major hindrance for the entrepreneurial support network. The seed fund will advance our start-up support efforts and fill the gap in access to seed-stage capital, as there are virtually no options for entrepreneurs seeking between $50,000 and $350,000 of funding. By Q4 2019, ECJC expects the fund’s portfolio companies to have created 40 jobs and generated $2 million in revenue.