Funding Your Business

Need help starting or growing your business? NetWork Kansas has resources to help at all stages of the business lifecycle, from startup to succession management, and everything in between – including funding. We offer an array of gap financing assistance to provide the last amount of capital a business needs to start and grow.

The Right Resources, The Right Time

Are you ready for funding? We want to help Kansas businesses be successful by providing the right resources at the right time. How do you know if you’re ready for funding? Do you have an idea for a business? Do you currently own a business and need capital to expand? What is the right option for you? What options are available to you, based on your business stage and collateral? These questions can be tricky, but we can help guide you to someone who can assist. 

Resource Navigator
Search our database of 500+ non-profit and public sector partners. Right now.

Referral Center
Call or e-mail our staff of trained referral coordinators for free, personal assistance. A real, live person will discuss your query and guide you to the right resource or resources to help. The referral center is staffed M-F 8 AM-5 PM. Call (877) 521-8600 or e-mail info@networkkansas.com.

Chat Live
Chat live with a referral coordinator during business hours via the comfort of your internet browser! Growing your business has never been this convenient.

Kansas Economic Gardening Network

Existing Kansas businesses with the intent and capacity to grow may be eligible to apply for special technical assistance. Click here to learn more about economic gardening in Kansas.

Funding for Your Business

We offer a handful of unique gap financing programs to help entrepreneurs become fully capitalized. What does that mean? For example, if you need to purchase a new machine for your factory that costs $100,000, but the bank will only loan you $80,000, we can help with options to close that remaining $20,000 gap. We are the last step in the capital food chain, the last amount of capital a business needs to start or grow, but so often, we are the missing piece of the puzzle that lets a business deal happen where it otherwise wouldn’t.

Funding Gap

Regional Foundations
There are seven Kansas Regional Foundations that are certified by the Kansas Department of Commerce to receive Rural Business Development Tax Credits.  All 105 counties are covered by one of these foundations. Tax credits are offered to foundations for use in raising capital for local economic development initiatives. This capital is then loaned to local businesses.

General questions regarding the Rural Business Development Tax Credit Program can be directed to the Kansas Department of Commerce’s Rural Development Division at: (785) 296-3485.

To make a donation or seek available services (including business loans) in your region, please contact the regional foundations by contacting our referral center at (877) 521-8600 to be directed to an appropriate regional foundation. 




Certified Development Companies (CDCs)

 

Angel Networks
The Midwest Venture Alliance (MVA)
The Midwest Venture Alliance (MVA) is a membership organization of accredited private investors committed to investing in high-growth seed and early-stage technology companies in Kansas and surrounding states.

The purposes of the alliance are to help promote early-stage equity investing and to provide entrepreneurs and investors an effective, centralized forum to collaborate. MVA members provide seed and early-stage capital in the range of $250,000 to $2,000,000, an investment range not generally served by Venture Capitalists. For more information, visit the MVA website at:  www.midwestventure.com 

Mid-America Angels (MAA)
Mid-America Angels ("MAA") is a regional network of angel investors dedicated to identifying and funding the most promising start-up business opportunities in the Kansas-Missouri Region. MAA has two primary objectives:

1.  To present high return on investment funding opportunities to its members

2.  To facilitate access to early-stage financing for high-potential businesses and entrepreneurs.

MAA members fund deals in the investment range of $250,000 to $2,000,000, a range not typically served by venture capitalists.

The MAA network provides the structure to aggregate the knowledge, experience, and investment capital of its membership. This approach provides an effective and efficient process both for investors to evaluate opportunities and for entrepreneurs who are seeking funding.  For more information, visit the MAA website at: www.midamericaangels.com

NetWork Kansas Funding Programs

NetWork Kansas offers matching loans to businesses in Kansas who need gap financing to become fully capitalized. Not all our programs are accessible to all types of business. All NetWork Kansas loans must be “matched” with another source of capital, usually a public source (like CDCs, Regional Foundations, etc.)

StartUp Kansas
StartUp Kansas provides gap financing to help entrepreneurs start or grow a business in Kansas. The loan program matches other public sources of capital and can provide up to $45,000 per project. Funds are flexible and can be used for a variety of business purposes, including equipment, inventory, and working capital. Entrepreneurs work with a NetWork Kansas resource partner to apply for funds. Funding rounds occur monthly.

Learn more.

The Kansas Capital Multiplier Loan Fund
NetWork Kansas, in partnership with the Kansas Department of Commerce, provides matching loans to businesses raising capital. Qualifying businesses are eligible to apply for up to 9% of private capital loans and investment and can apply for up to $500,000 per project.

Learn more. 

Entrepreneurship Community Partnership
NetWork Kansas Entrepreneurship (E-) Communities create a revolving loan fund that is reviewed at the local level. The loans are intended as gap financing to help entrepreneurs start or grow a business in a specific community. The loan program matches public sources of capital and bank loans, and can provide up to $45,000 per project. Funds are flexible and can be used for a variety of business purposes, including startup costs, purchasing an existing business, business expansion, working capital, inventory, and more.

Learn more.

The Minority and Women Business Multiplier Loan Fund
The Minority and Women Business Multiplier Loan Fund provides gap financing to help minority and women-owned businesses (MBE/WBE) and other disadvantaged business enterprises (DBE). The loan program matches up to 20% of the private capital invested in a business project, with a minimum loan amount of $25,000 and a maximum loan amount of $500,000. Funds are flexible and can be used for a variety of business purposes, including startup costs, purchasing an existing business, business expansion, working capital, inventory, and more and have low, fixed interest rates and no collateral requirements.

Learn more.

Grants

Based on our experience connecting entrepreneurs with resources to help them start, grow, and fund businesses, we have found that locating grants to assist for-profit businesses can be very challenging. It’s more common for businesses to pursue a combination of funding options, such as the options outlined above.

Below is a list of the business grant sources we are aware of at this time. If you are unable to find one your business would qualify for, and would like to learn about other funding partners in your area, we invite you to contact us toll-free at (877) 521-8600.

If you are aware of any additional sources, please email them to: jpgendron@networkkansas.com. Thank you.