Hispanic community breaks ground on one-stop shop for entreprene - KCTV5

Hispanic community breaks ground on one-stop shop for entrepreneurs

Posted: Updated:
The goal is to make the building a one-stop shop for those who want to start a business but may not have the funds to do so. (HEDC) The goal is to make the building a one-stop shop for those who want to start a business but may not have the funds to do so. (HEDC)
Crews will break ground on the renovations at 9 a.m. Monday. (HEDC) Crews will break ground on the renovations at 9 a.m. Monday. (HEDC)
(HEDC) (HEDC)
KANSAS CITY, MO (KCTV) -

A new opportunity for business growth broke ground in the metro on Monday.

Right now, the building at 2720 Jarboe Street sits empty, nearly abandoned.

But, by November of 2018, the Hispanic Economic Development Corporation says it will be alive again.

The corporation recently got a $1.6 million grant from the department of commerce.

With that money, they plan to put in five commercial kitchens, office space and lecture halls. The goal is to make the building a one-stop shop for those who want to start a business but may not have the funds to do so.

“From anything, from helping them grow, from an ideation stage to writing a business plan to understanding financials, their marketing, market strategy as well as launching their business,” said Pedro Zamora of the Hispanic Economic Development Corporation.

“I know from firsthand experience that starting a business isn’t easy and low income and minority entrepreneurs face more hurdles than the majority population,” Kansas City Mayor Sly James said.

The corporation says the location is strategic as it is near bus stops the state line. Officials say they want people from both Kansas and Missouri to access the building.

The one-stop shop is expected to open at least 90 small businesses around the metro.

"I’m so excited for this opportunity because this building, when it’s opened, will benefit the entire city,” Kansas City Council Member Scott Taylor said.

Copyright 2017 KCTV (Meredith Corp.). All rights reserved.

Powered by Frankly
KCTV 5 News

Online Public File:
KCTV  KSMO

Powered by WorldNow CNN
All content © 2017, KCTV; Kansas City, MO. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.