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Startups Grants In Kansas - 2024

Explore the comprehensive List Of Startups Grants In Kansas designed to fuel entrepreneurial ventures across the Sunflower State.

Lisa Shmulyan
Accounting & Tax
February 15, 2024

Kansas provides many funding chances to help businesses grow. These are in cities like Wichita, Overland Park, Kansas City, Olathe, and Topeka. Entrepreneurs can pick from 331 small business grants. They have until between September 4, 2024, and September 13, 2024, to apply1.

Grants in Kansas support a wide range of areas. These include public safety, addiction treatments, electronics recycling, and rare disease studies. They also help with agriculture, technology, health, and education projects1. This support is key for starting strong and growing a business1.

Organizations like NetWork Kansas and the Kansas Association of Certified Development Companies are crucial. They help connect businesses with funding2. The state also offers tax breaks and other incentives. These include the Kansas Angels Tax Credit and benefits for living in Rural Opportunity Zones in 77 counties2.

Key Takeaways

  • 331 small business grants are available for Kansas startups1.
  • Application deadlines range from September 4, 2024, to September 13, 20241.
  • Grants cover diverse areas, from public safety to agricultural research1.
  • NetWork Kansas connects entrepreneurs with over 500 partners statewide2.
  • Kansas offers a variety of tax incentives, including the Kansas Angels Tax Credit2.
  • Rural Opportunity Zones provide financial incentives to new residents2.

Introduction to Startup Grants in Kansas

Startup grants in Kansas offer vital funds to help new businesses grow early on. These grants don't need to be paid back, making them a great help for new entrepreneurs.

What Are Startup Grants?

Startup grants in Kansas mean financial help to ease the money troubles startups face. They let new businesses work on cool projects and grow without owing money. Kansas has many grants, especially for tech, research, and education.Click here to see the grants3.

For example, there are 294 grants for tech available to many types of businesses. You can apply from September 4, 2024, to September 16, 20243. GrantWatch shows many grant options, with a focus on projects that can be sold and improve STEM education3.

The Importance of Grants for Startup Growth

Startup grants lessen money worries. They let businesses spend more on making new discoveries, hiring, and growing without fearing debt. Its benefits include making new math models, better STEM education, and studying tech's effects on society3. These grants also support contests, accelerator programs, and new business efforts in tech, medtech, and robotics3.

Grants also help with smart manufacturing and better battery recycling through state and local government partnerships3. They boost the local economy by letting startups create new things and help their communities grow.

Knowing the benefits of startup financial support is key for Kansas's new businesses. By learning about and getting these grants, startups can get what they need to succeed. This makes a lasting positive effect on Kansas's business world.

Eligibility Criteria for Kansas Startup Grants

Kansas startup grants help many kinds of businesses. These include academic institutions, companies doing research, and profit-driven firms. They focus on areas like health, safety, environment, and farming. To get these grants, businesses must fulfill certain conditions.

Types of Businesses Eligible

Different businesses can get Kansas startup grants based on their field and community benefit. Important areas are:

  • Public safety initiatives
  • Rare disease treatment research
  • Electronic recycling businesses
  • Agricultural research institutions

Also, efforts like the K-State 105 project need strong teamwork. They must partner with groups such as NetWork Kansas. These projects should have clear results by June 30, 20254.

Specific Requirements and Restrictions

There are certain rules for getting these grants. Applicants must collaborate with NetWork Kansas and start within 90 days after getting funds. They need to report progress every quarter and use additional funds wisely4. The projects must benefit the community significantly, as stated in their proposals. They should also either create new jobs or grow businesses4.

Another opportunity, the BASE Grant, caps at $25 million with a 25% match needed from the applicant5. Each entity can only apply three times. Plus, any building work must be done by June 30, 2025, or sooner5.

For technical education, the Kansas Career Technical Workforce Grant favors students with financial struggles6. Then, the Kansas Comprehensive Grant helps based on need. It offers $200 to $10,000 at private schools and $100 to $4,000 at public ones6. It helps pay for tuition, fees, and textbooks, for full-time or part-time students6.

Economic Impact of Business Grants in Kansas

Business grants in Kansas are crucial for economic growth. They help create jobs and boost innovation across the state. With financial support for startups, these grants help businesses boost the local economy. Many companies have gained from these grants. They support various sectors like rare disease research, substance use treatment, and tech innovations7.

How Grants Influence Local Economies

The grant programs in Kansas have a big impact on local businesses. For example, the Pottawatomie County E-Community program provides loans from $5,000 to $50,000. These loans help start businesses in Manhattan, with interest rates of 4% for 1-5 years and 6% for longer8. The GROWKS Loan Fund program also offers help. It gives matching loans of at least $100,000 for various business costs. This especially helps women, minorities, and others in need8. These efforts make sure many small businesses can get the funds they need. They greatly improve the local business environment.

Success Stories in Kansas

There are many success stories from Kansas grants. One example is the $500,000 FORGE grant. It helps KU and KU Innovation Park create new software, infrastructure, and financial systems. This helps bridge the gap between universities and industries9. The Rock Chalk Ready Fund gives pre-company grants of $35,000 each. This lowers the risks for startups using KU intellectual property9. The Empower Fund also offers great support. It gives up to $15,000 for 48 months at a 4% interest rate. This fund is mainly for minority-owned businesses. It promotes inclusivity and innovation8.

These efforts make sure Kansas startups have what they need to grow. They contribute to long-term economic health and stability. These success stories show that Kansas's business grants are really helpful. They support new technologies and help local businesses compete globally.

Government-Sponsored Grants for Kansas Startups

Government grants are key for Kansas startups wanting to grow and innovate. Both federal and state efforts back entrepreneurs with various programs. These aim to boost economic growth and create jobs.

Federal and State Grant Programs

Kansas entrepreneurs get help from federal initiatives like the U.S. Small Business Administration (SBA) grants. These grants support businesses and organizations that push for entrepreneurship. They offer helpful resources, disaster recovery loans, and funds to improve local economies10. The Kansas Department of Commerce (KDC) also has state incentives for startups. For example, the NetWork Kansas matching loan programs help businesses expand10.State incentives also cover the South Central Kansas Economic Development District's small business loans and city economic aids. These programs provide financial help and tools businesses need10. Additionally, the Rural Energy for America Program supports renewable energy projects. It targets rural small businesses and farmers, leading to better energy efficiency and sustainability11.

The Startup Housing Opportunity Venture Loan (SHOVL) program offers up to $25,000 to developers. It targets housing projects in small communities and drives economic growth in areas with fewer than 10,000 people10.

Application and Review Process

Applying for government grants demands detailed plans and financial forecasts. It shows a well-thought-out approach to your venture. Reviewers check if projects meet standards and align with goals like job creation and sustainability7. Each grant has its own requirements. They might focus on renewable energy, tech innovation, or environmental solutions7.Successful candidates go through a deep review. It examines the project's impact on the community and economy. For example, the USDA's Business Builder program backs business models that help communities11. Deadlines for these grants change, giving startups many chances to get vital funds throughout the year7.

Government grants play a major role in Kansas entrepreneurial success. They offer crucial financial help and incentives, meeting different startups' needs.

Private Sector Grants Available to Kansas Entrepreneurs

Private sector grants offer funding opportunities for Kansas entrepreneurs. They come from corporations and nonprofit organizations. These grants aim to boost innovation, sustainability, and community growth. They show how important private funding is in the entrepreneurial world.

Corporate Grant Programs

Corporate support in Kansas often focuses on technology, sustainability, and healthcare. The GROWKS Loan Program had $42 million for startups, showing big corporate support12. The Sunderland Foundation also helps, focusing on education, youth, arts, and healthcare in regions like Kansas13.

Nonprofit Organization Grants

Nonprofit organizations also support Kansas startups. They aim at social entrepreneurship and community projects. The Community Development Block Grant offers up to $800,000 for child education and care, needing a 25% local match13.

The Patterson Family Foundation helps rural areas in Kansas and Western Missouri. It supports counties with under 50,000 people13.

These private funding sources help Kansas' economy grow. They show the impact of corporate and nonprofit support on local communities. This support provides vital capital and resources for entrepreneurial projects.

Unique Grants for Rural Startups in Kansas

Kansas has special grants to help businesses in rural areas grow. These grants offer help for farming startups and other rural businesses with special incentives. They aim to make these areas stronger economically.

Rural Opportunity Zones Program

The Rural Opportunity Zones (ROZ) Program in Kansas motivates businesses to set up in rural areas. It does this by providing big tax breaks, like not paying income tax and help with student loans. These efforts help bring business minds to areas that need development. Also, the Heartland Regional Food Business Center got $11.15 million for its program to help local economies11. T-Mobile also invested $25 million in Hometown Grants to support businesses in rural Kansas11.

Agricultural Business Grants

Farming startups have a chance to get grants made just for them. The Organic Certification Cost Share Program, for instance, helps cover up to 75% of certification costs, up to $75011. There are also funds like the Community Change Grants, with $2 billion for eco-friendly farming11. Plus, the Rural Energy for America Program offers money for renewable energy in farms and rural businesses11.

Grants for Specific Demographics

Kansas has many grants to help different groups like women, minorities, and veterans. These grants remove barriers to getting money and resources. This help results in fair economic growth in Kansas.

Women-Owned Business Grants

In Kansas, women starting businesses can find grants just for them. The American Association of University Women / Wagy Fund offers support from September 202414. This kind of funding helps make sure women entrepreneurs get the help they need to do well.

Minority-Owned Business Grants

Kansas also supports minority businesses with specific grants. The Black Community Fund helps Black-led groups in Kansas City14. The Hispanic Development Fund gives grants too, focusing on what the community needs14. These efforts boost minority-owned businesses and enrich the business community.

Veteran-Owned Business Grants

Veterans in Kansas have access to many grants. The SEED Grants program, for example, gave $49,125 each to Thrive Allen County and Medicine Lodge Day Care Inc15.. There are also programs just for veterans, active military, their spouses, and kids16. These grants not only help veteran businesses but also add to the community by bringing veterans into business.

Small Business Administration (SBA) Grants

The Small Business Administration (SBA) offers funding programs for small Kansas businesses. These programs aim to help financially and encourage economic growth in the area.

Microloan Program

The SBA Microloan Program helps small startups in Kansas. It provides loans up to $50,000 for business start-up and expansion. This program is great for entrepreneurs who need capital. Additionally, the Small Business Development Center of Kansas, at 214 S.W. 6th Street Suite 301, Topeka, KS 66603, offers more help and advice for small businesses17.

Disaster Relief Grants

When disasters hit, SBA Disaster Relief Grants support affected businesses. These grants help small businesses recover and keep going. This shows SBA's commitment to helping businesses after disasters. Kansas businesses can find help through the Kansas SBDC17. They can also discover more business tools here.

How to Apply for Startup Grants in Kansas

Getting startup grants in Kansas needs a careful plan. This includes a smart grant application strategy and full funding proposal guidance. Start by finding the right grants and understanding what they want and when.

Step-by-Step Application Process

To apply for grants the right way, here are some steps to follow:

  1. Identify Relevant Grants: Look for grants for Kansas startups. Check out the Micro-Business Grant Program, helping businesses like The Next Paige and Bliss Books and Wine18.
  2. Check Eligibility: Read the funding notice to see if you're eligible, as outlined by the agency19.
  3. Prepare Necessary Documents: Collect key documents like your business plan. There's no fee to register on SAM.gov and Grants.gov19.
  4. Write a Compelling Proposal: Show how your business will make a difference. Look at the Small Business Development Accounts for help in making a solid business plan18.
  5. Request Letters of Support: Get these letters two weeks before the deadline to make your application stronger19.
  6. Submit Before Deadlines: Make sure your application is ready and turned in on time to avoid being disqualified18.

Common Pitfalls and How to Avoid Them

Even when you prepare well, you can still run into issues. To better your chances at getting grants, steer clear of these errors:

  • Missing Deadlines: Always watch the deadlines and submit early to avoid last-minute problems.
  • Ineligibility: Double-check to make sure your business fits the grant requirements. If you're not sure, ask the grant giver to avoid being turned away.
  • Incomplete Applications: Review your application carefully to ensure all needed information is there. Missing information can lead to rejection.
  • Ignoring Funding Proposal Guidance: Use resources and get advice to make your application better. Programs like the Loan Application Preparation Program can help a lot18.
  • Scams: Watch out for grant scams. The FTC warns against paying fees for grant processing, a common trick19.

By following these guidelines and avoiding mistakes, you have a better shot at getting startup grants. For further help, check out the Amber Grants for Women, known for their great support and resources19.

Resources and Assistance for Finding Grants

Finding the right grants can feel overwhelming for entrepreneurs. But, groups like NetWork Kansas and the Kansas Association of Certified Development Companies are here to help. They offer key resources and support to guide you.

NetWork Kansas

NetWork Kansas is all about helping you find funding and resources across the state. It connects entrepreneurs with over 500 business allies in Kansas. This creates a one-stop shop for funding opportunities, including grants2.

Through programs like Startup Kansas and the Entrepreneurship Community Partnership, it's working to boost Kansas' economy. Not to forget, it also has Matching Loan Programs to help new and growing businesses20.

Kansas Association of Certified Development Companies

The Kansas Association of Certified Development Companies (KACDC) is another key player. It helps Kansas entrepreneurs get the funding they need for various projects2. By offering support and financial backing, it plays a big role in making Kansas' business scene thrive.

List Of Startups Grants In Kansas

In Kansas, there are many grants and tax breaks for businesses. These help the economy grow and support new companies. The state aims to draw in and keep startups with these financial aids.

Kansas Business Tax Incentives

The PEAK program lets companies keep 95% of their payroll tax for up to 10 years. This helps create more jobs21. The KIT program gives incentives for job training when new positions are created21. The Workforce AID initiative helps businesses find the skilled workers they need21.

Also, companies that pay well and invest in training can get tax breaks through the HPIP21.

Business and Community Finance Incentives

The Kansas Department of Commerce offers loans and grants for projects. The Broadband Grant gives up to $1,000,000 for internet in needy areas, with local funding needed22. The CDBG Competitive Round provides $800,000 for community projects, also requiring local funds22.

For innovation, there's the Small Business R&D Grant. It offers $25,000 to help bring new ideas to market, with a matching local investment22.

Kansas Angels Tax Credit

The Angels Tax Credit helps startups by offering tax credits to investors. It's available all year, supporting new businesses22. There's also the Federal Opportunity Zones. It gives tax benefits for investments in poor areas, encouraging long-term growth21.

Conclusion

Kansas offers a wide array of startup grants, highlighting its strong support for small businesses. There are 305 grants for different groups like small businesses and corporations. These grants help with things such as improving building fronts23. They also offer specialized aid, like the Kansas EMS Education Incentive Grant Program, aimed at helping rural areas24.

Some grants in Kansas help USA musicians hit by the COVID-19 crisis. They also fund recycling programs and research23. If a natural disaster hits, entrepreneurs can get $2,000 to help their businesses recover23. Kansas also has the Kansas Innovation Fund to help improve health and reduce health gaps24.

It's critical for startups to know about the different grants available. They also need to follow the rules and deadlines for applying. Kansas has resources like NetWork Kansas and the Kansas Association of Certified Development Companies to offer help. With all these supports, Kansas startups can grow and make the state's economy stronger.

FAQ

What Are Startup Grants?

Startup grants are funds given to help new businesses grow in their early phase. They don't need to be paid back. This makes them very valuable for business owners.

The Importance of Grants for Startup Growth?

Grants are key in lowering financial stress for startups. They let businesses spend more on research, hire people, and grow, all without the worry of debt.

What Types of Businesses Are Eligible For Kansas Startup Grants?

Kansas offers grants to a variety of businesses. This includes research groups, colleges, and companies in areas like public safety, disease treatment, tech recycling, and farm research.

What Are the Specific Requirements and Restrictions for Applying?

To be eligible, a business must meet certain conditions like size and project goals. Some grants need an LOI before you can apply, and might only be for certain places or focus on specific fields.

How Do Business Grants Influence Local Economies in Kansas?

Grants boost the local economy by creating jobs and sparking innovation in Kansas. Many businesses across various fields have seen growth thanks to these grants, helping the local economy flourish.

Are There Success Stories of Startup Grants in Kansas?

Yes, there are success stories where grants led to more jobs, new technologies, and businesses that can now compete globally.

What Federal and State Grant Programs Are Available?

Kansas has many grant programs from both the state and federal levels focusing on innovation and economic growth. These cover areas like public safety, rare disease research, and help for farming.

How Does the Application and Review Process Work?

Applying usually means providing a detailed business plan and financial outlook. Reviews are strict, focusing on the potential for creating jobs, sustainability, and matching economic strategies.

What Corporate Grant Programs Are Available?

Corporations in Kansas offer grants with focuses like green sustainability or technology. These give startups a great chance to get funding from the private sector.

What Grants Are Available from Nonprofit Organizations?

Nonprofit groups in Kansas offer grants too. These can support businesses aiming to make social changes or impact the community positively.

What Unique Grants Are Available for Rural Startups?

For rural startups, there are special grants like the Rural Opportunity Zones Program. It provides tax breaks and helps with student loans to encourage businesses to start in rural areas.

What Agricultural Business Grants Are Available?

Kansas supports its farming industry with agricultural grants. Programs like the Organic Cost Share help new farming businesses get started.

Are There Grants for Specific Demographic Groups?

Kansas has grants aimed at women, minorities, and veterans. These help bring diversity into business and make getting started easier for these groups.

What Is the SBA Microloan Program?

The SBA Microloan Program offers loans up to $50,000. It helps small startups in Kansas begin and expand, showing the government's support for small businesses.

What Are SBA Disaster Relief Grants?

SBA Disaster Relief Grants provide money to businesses hit by disasters. They help these businesses recover and keep going.

What Is the Step-by-Step Application Process for Kansas Startup Grants?

To apply for grants, you need to find the right ones, understand their requirements, create a strong business plan, and show how the grant would help the business and the community.

What Are Common Pitfalls and How Can They Be Avoided?

Common mistakes include missing deadlines, not fitting the eligibility, or leaving gaps in information. Triple check guidelines, stick to the rules, and consider getting professional advice.

How Does NetWork Kansas Assist Entrepreneurs?

NetWork Kansas connects entrepreneurs to resources and over 500 partners. It's a key access point for business advice and funding, including grants.

What Assistance Does the Kansas Association of Certified Development Companies Provide?

The Kansas Association helps businesses get funding, offering crucial support to navigate the grant landscape.

What Business Tax Incentives Are Available in Kansas?

Kansas has tax incentives like exemptions, abatements, and refunds to encourage business growth. There's also the Kansas Angels Tax Credit for investors in eligible companies.

What Business and Community Finance Incentives Are Available?

The Kansas Department of Commerce provides finance incentives. These tools are widely used to boost state economic development.

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