University's entrepreneurship, manufacturing centers partner with state on grant program for Kansas innovators, entrepreneurs
Wednesday, Jan. 18, 2017
MANHATTAN — Kansas State University's Center for the Advancement of Entrepreneurship and Advanced Manufacturing Institute have partnered with KS State Bank and the Kansas Department of Commerce to offer $90,000 in grant funding to innovators and entrepreneurs across the state of Kansas to help launch and grow new businesses.
The program is part of the state Commerce Department's JumpStart Kansas Entrepreneurs program, which aims to assist in the development of new ideas or grow Kansas-based goods-producing businesses. Awards for the program will range from $5,000 up to $15,000 and will be determined on a case-by-case basis.
Applications for the program will be accepted immediately and can be made through an online submission form on the Center for the Advancement of Entrepreneurship's website at k-state.edu/jumpstartKS. Grant awards will be made on a first-come, first-served basis, pending approval, until all funding has been allocated.
The program is open to all Kansas-based individuals or companies. The award funding can be used toward expenses such as business planning, engineering support, prototyping, market assessments, creation of marketing/sales materials, or other activities that would assist in adding value to the business.
"We couldn't be more excited with the interest that has sprung up from across the state for JumpStart Kansas Entrepreneurs," said Stan Ahlerich, economist with the Kansas Department of Commerce. "The energy from our university partners and the willingness to be innovative in finding potential companies has given this program life."
JumpStart Kansas Entrepreneurs is designed to incentivize and encourage small business hopefuls with startups while developing entrepreneurial spirit in Kansas. The program is enhanced by its partnerships with eight partners across the state, including Kansas State University. Also part of the program are Wichita State University, University of Kansas, Pittsburg State University, Fort Hays State University, Emporia State University, Washburn University and Network Kansas.
"The ability of our university partners to energize businesses in Kansas, from emerging startups to established businesses, will give many companies the opportunities they need," Ahlerich said. "The Department of Commerce is proud to host this program with our partners to ensure we are giving Kansas businesses the best possible chances to succeed."
For additional information, visit k-state.edu/jumpstartKS.