Entrepreneurship Touring in Kansas City
On January 28, 2015, the Newmark Grubb Zimmer team coordinated a day for the Richmond City Council, Mayor Administrator and other committee members to learn about grass-root entrepreneur led initiatives that support economic development. The day started off with attending the 1 Mill Cups (1MC) presentation at the Kauffman Foundation.
The Kauffman 1MC format consists of two presentations (6 minute overview followed by 20 minute Q&A) from an entrepreneur about their product, service or business platform. It is an interactive process with the audience (usually 100-200 people), involves learning from all and demonstrates an engaged community. Etablished in the mid-1960's, the Kauffman Foundation is one of the largest private foundations and focuses on education and entrepreneurship.
Next, the group toured The Kansas City Startup Village (KCSV) which is an entrepreneur-led community helping to grow and support Kansas City entrepreneurs and the startup ecosystem. The village is a collection of businesses operating out of homes within close proximity. Their mission is to foster the education of entrepreneurs and increase the number of opportunities for startups to succeed through knowledge sharing. Two businesses shared with the group their reasons for joining the village, the format of the community, and benefits. The main reason for their involvement is the close proximity to knowledge of other business owners and the share ideas liberally.
Following the KCSV tour, the Richmond group was hosted by Newmark Grubb Zimmer for a roundtable lunch sharing take-aways and which principles and aspects of the KCSV can be applied within the Richmond community.
According to Troy Nash, VP, Newmark Grubb Zimmer, quoting Enrico Moretti's book The New Geography of Jobs, told the group during the visit that "a popular myth of modern times has had to do with the supposed "death of distance", and the view that technological enhancements mean it doesn't matter where workers migrate to."
Attendees for the day included Council members Deanna Guy and Ron Peterson, Chairman P&Z, Everett Balman, Steering committee and banker, Tammy Summers, Finance Director Rebecca Hoeflicker, School Superintendent Mike Aytes, Mayor Mike Wright, City Administrator Ron Brohammer and Amy Bretall, Arbor Grove, LLC, with the Newmark Grubb Zimmer team.
KCP&L has contracted with a tree trimming service. Please call the telephone number listed below if you have any questions. Thank you.