KANSAS CITY, MO--(Marketwire - April 14, 2011) - The Ewing Marion Kauffman Foundation today announced a challenge grant of up to $800,000 to initiate a regional expansion of PIPELINE, the nationally acclaimed entrepreneurial "immersion" program for innovative, high-growth entrepreneurs. The grant follows on a close relationship between the two organizations since PIPELINE's inception and will foster increased collaboration between the Foundation's Kauffman Labs for Enterprise Creation initiative and the PIPELINE program, also headquartered in Kansas City.
As part of the "challenge" grant from the Foundation, Pipeline must raise at least $800,000 in matching funds from other sources.
"We have long admired PIPELINE and are impressed by its track record, growth and the national network it has developed right here in Kansas City," said Carl Schramm, Kauffman president and CEO. "PIPELINE is among the best programs in the country that is laser-focused on providing the mentorship and resources entrepreneurs need to build scalable companies. We invite others who share in the belief that we need more successful high-growth firms to join us as we ensure PIPELINE's regional expansion at a critical time in our economy."
RICH BENDIS IS A MENTOR IN THE PIPELINE PROGRAM AND HAS BEEN A NATIONAL JUDGE. THIS IS ONE OF THE BEST ENTREPRENEURIAL IMMERSION PROGRAMS I HAVE EXPERIENCED AND INNOVATION AMERICA CHALLENGES THOSE PROGRESSIVE CITIES, REGIONS AND STATES TO PARTNER WITH JONI COBB IN EXPANDING THIS PROGRAM TO YOUR AREA, AND GROW YOUR ENTREPRENEURIAL ECOSYSTEM!
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