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Becoming an E-Community
Becoming an E-Community

Becoming an E-Community

Entrepreneurship Communities are selected through a competitive process and successful communities enter into a partnership with NetWork Kansas with the goal of working together to foster the growth of an entrepreneurial ecosystem. NetWork Kansas is currently closed to applications.

In the past, E-Communities have been selected through a detailed written application and in-person interview with the leadership team following the development of a close working relationship with NetWork Kansas.

Communities interested in submitting a partnership proposal should have initiated a relationship with NetWork Kansas well in advance of submitting a formal application. If members of your Leadership Team and Financial Review Board have not met with NetWork Kansas, please contact Erik Pedersen 316-425-8841 or epede[email protected] to learn more. Partnership proposals submitted without a NetWork Kansas meeting will probably not be selected.

Past Application Requirements

    • The establishment of a local leadership team to provide the overall direction and leadership for the E-Community. The team should meet monthly to discuss the progress of the E-Community, methods to promote and utilize the E-Community fund, identification of key stakeholder groups and how to engage them, as well as proactively reach out to other E-Communities to discuss best practices.
    • The establishment of a local financial review board to review applications and approve/disapprove loans to local entrepreneurs and small businesses, as well as determine interest rate, length of term and security position (or choice to be unsecured) for each approved application.
  • The identification of an organization responsible for administrating and servicing the loans. This organization will prepare the loan documents, close the loans, prepare UCC or mortgage filings, collect loan repayment checks from the business, forward those payments to NetWork Kansas to be deposited back into the E-Community account, and communicate with the business regarding late payments.