Kansas City-area entrepreneurs needing start-up or growth capital can find it at the Center for Business Innovation, Inc. (CBI).
This nonprofit organization assists small-business owners with $1 million or less in sales who want to raise $100,000 to $750,000 in capital by selling equity in their companies. The amount of ownership offered ranges from 3 percent to 25 percent.
Applicants must make an oral presentation of their business plan to CBI. Those selected receive assistance with every aspect of building a business, from where to locate and assembling a management team to product development.
One of 30 such centers around the country, CBI serves communities within a 200-mile radius of its office. For more information, all (816) 561-8567