UMKC Innovation Center partners with the university and the community to spark and sustain entrepreneurial efforts within our region and across the country.

KCSourceLink connects KC entrepreneurs to the right resource at the right time.

MOSourceLink connects Missouri entrepreneurs to the right resource at the right time.

Whiteboard2Boardroom connects entrepreneurs and businesses to technologies available for licensing.

Digital Sandbox KC provides early-stage proof-of-concept support for digital products.

Missouri Small Business & Technology Development Center provides technical assistance to startup and existing businesses.

ScaleUP! Kansas City helps businesses with revenues around $200K scale toward their first $1 million.

Missouri Procurement Technical Assistance Centers helps local businesses obtain government contracts.

KCInvestED helps investors learn more about investing in KC startups.

SourceLink® helps communities nationwide build vibrant and vital entrepreneurial ecosystems.
UMKC Innovation Center

AltCap

AltCap is a catalyst for investments in Kansas City, Missouri's low- to moderate-income communities. We use innovative financing products, targeted economic development programming, and the development of strategic partnerships to promote economic growth and empowerment.

About

NEW MARKETS TAX CREDITS (NMTC) facilitated financing is available for operating businesses as well as real estate entities that are considering making a significant investment in AltCap's service area. Significant job creating capital investments by a business (e.g. facility expansion or equipment/machinery purchase) or catalytic commercial, industrial, mixed-use, or community development project that represents at least $5-6 million in investment are eligible for nontraditional, flexible financing through the NMTC Program. For more information about the NMTC Program, contact Ruben Alonso at (816)216-1851, ext.1 or ruben@alt-cap.org.

FACADE IMPROVEMENT LOAN PROGRAM (FILP) loans are available for commercial/retail properties along major commercial corridors in AltCap's service area. Initially targeting Independence Avenue, Truman Road, Troost Avenue, and Prospect Avenue, the FILP is designed to provide nontraditional, flexible financing to commercial/retail property owners wanting to make improvements to their properties to increase business activity for their tenants as well as help beautify their communities. For more information about the FILP, contact Davin Gordon at (816)216-1851, ext.5 or davin@alt-cap.org.

The DIVERSIFIED CONTRACTORS GROWTH FUND (DCGF) is specifically designed to assist M/W/DBE certified trades contractors in the commercial and multi-family construction industry. Loans provided through the DCGF are meant to increase M/W/DBE's financial capacity to bid on and perform public and private contract work. For more information about DCGF, contact Davin Gordon at (816)216-1851, ext.5 or davin@alt-cap.org.

The "ARTCAP" MICROLOAN FUND is an innovative loan fund that was created by AltCap in partnership with the City of Kansas City, Missouri Office of Culture and Creative Services to support the arts community and creative economy in Kansas City, Missouri. This microloan fun is meant to provide artists, artisans and small businesses in the creative industries access to flexible financing to support their passion and grow their business. For more information about ArtCap, contact Davin Gordon at (816)216-1851, ext.5 or davin@alt-cap.org.

The WORKSHOP IN BUSINESS OPPORTUNITIES (WIBO) 16-Week Workshop: How to Build a Growing Profitable Business is a peer led business training program designed to give entrepreneurs and existing small business owners the skills and confidence to make sound decisions. AltCap offers the WIBO 16-Week Workshop once a year.  Participants meet each week for three hours in the evening. To learn more about the WIBO 16-Week Workshop, contact Davin Gordon at (816)216-1851, ext.5 or davin@alt-cap.org.

Services

Economic and Site Development

  • Tax Credits

Financial Resources and Assistance

  • Loan Providers
  • Obtaining Debt Funding
  • Real Estate Finance
  • Tax Credits

Networking Organizations

  • Geographically Based

Tax Services

  • Tax Credits

Training

  • Budget, Financial Statements and Cash Flow Training
  • Business Management Training
  • Business Plan Training and Assistance
  • Startup Classes
Primary ContactDavin Gordon
AddressRobert J. Mohart Multipurpose Room
3200 Wayne Ave
Kansas City, MO 64109