New Port contractors

Two Kansas City economic development agencies have created a loan fund to help minority- and women-owned contractors pursue public and private work they otherwise might not be able to bid on because of cash-flow limitations.

With initial funding set at $500,000, the Diversified Contractors Growth Fund of Kansas City is being administered by Port KC and AltCap. The funds will come from the organizations’ existing capital.

“This is a partnership that formed after both organizations recognized the need to level the playing field and open doors for minority- and women-owned businesses that continually face challenges accessing traditional financing sources,” the organizations said in a release. Click here to continue.

Subscribe to the MPMSDC Newsletter

Stay up to date with the latest news and events that bring opportunity and our community together!

You have Successfully Subscribed!

Pin It on Pinterest