1. Kansas Center for Entrepreneurship Economic Gardening Conference Junction City, Kansas May 20 & 21, 2009 Presented By: Erik Pedersen, Associate Director NetWork Kansas

2. StartUp Kansas Launched 8/06 as a statewide supplemental capital source NetWork Kansas funding partners apply on behalf of the for-profit business Funding partners: CDC’s, Kansas Main Street, Revolving Loan Funds, Microloans, Foundations Requirements: 40% match from NetWork Kansas partner, max loan or grant of $45,000 with like match money Economic Resources “NetWork Kansas”

3. StartUp Kansas Example: Entrepreneur $10,000; Bank $40,000; Need $50,000; a minimum of 40% ($20,000) must come from the partner $1.3M funded to 56 businesses $363K approved but not yet funded On average, StartUp Kansas makes up 12% of total loan package Philosophy: High risk, fill a void, and be at the end of the entrepreneur’s capital food chain Economic Resources “NetWork Kansas”

4. Entrepreneurship (E) Community A partnership between NetWork Kansas and rural communities that creates a local StartUp KS-like fund: Year 1 -maximum $125,000 in credits which nets $158,333. Max of $225,000 in credits ($300,000) in first 5 years. Process must include all of the same requirements that a StartUp Kansas loan requires (40% match, for profit business, etc.) Each community defines their own Entrepreneurship (E) Leadership Team (+130 community members) The E-Team sets up a Financial Review Board that reviews applications and approves loans and/or grants to local entrepreneurs and businesses (+75 community members) A NetWork Kansas partner serves as an administrative support organization that closes the loans, collects payments, and sends them to NetWork Kansas Empowering Communities to Create an Entrepreneurial Environment “NetWork Kansas”

5. Entrepreneurship (E) Community 12 E-Communities (City, Multiple Cities, County). 5 out of 6 pilot E-Communities have funded at least 1 deal and 2 of this year’s E-Communities have already funded 1 deal. Over 20 applications reviewed and 12 have been approved in just over one year. $277K in loans approved and $49,500 in grants approved. Currently, 12 E-Communities have $2.33M of funds available. We’re tracking business composition, entity type, industry, ownership gender, community population, and jobs Early Statistics “NetWork Kansas”

6. If interested, Next Steps Schedule a visit for Erik or Steve to visit your community to meet with your potential leadership team, financial review board, and administrative support organization (let us help you sell it) Download the application from our website Talk to current E-Communities Attend a regional E-Community meeting Apply during the next competitive round (TBD) “NetWork Kansas”

7. E-Community Philosophy The future survival of any community is dependent upon the community itself We must empower communities through resources Our goal is to partner with each community to accelerate the connection and use of the fundamental resources businesses need A Connecting Point for Entrepreneurs & Small Business “NetWork Kansas”

8. NetWork Kansas A Service of the Kansas Center for Entrepreneurship NETWORK KANSAS 1-877-521-8600 www.networkkansas.com