July 15, 2004

GO Connection Receives Kauffman Foundation Grant

Growth Opportunity (GO) Connection has received a new grant from the Ewing Marion Kauffman Foundation in support of its Microlending Program. This support will permit additional loans from the U.S. Small Business Administration (SBA), available to aspiring entrepreneurs and existing business in the Kansas City and Topeka areas.

According to GO Connection Board Chair Tom Brown, “The investment from the Kauffman Foundation provides the base for GO Connection to build on its mission of assisting entrepreneurs in building financially sound businesses. Our Board is extremely pleased that community support of our efforts remains strong as demonstrated by the Kauffman Foundation grant.”

GO Connection Executive Director Alan Corbet echoed Brown’s statement. “This commitment from the Kauffman Foundation will enable additional financial support to small business owners as they pursue access to capital. At a time when funding for the Microloan Program is in jeopardy due to federal budget cuts, financial support from the community is especially important. We are pleased that an organization like the Kauffman Foundation recognizes our work in the business community.”

GO Connection provides financial training, mentoring and access to capital for aspiring entrepreneurs and existing business owners. Over 85% of GO Connection clients received training and advice, contributing to the likelihood of their business success. Over $4 million in loans have been made to area businesses, creating over 500 new jobs in the community.

Growth Opportunity (GO) Connection, Inc is a nonprofit organization that specializes in building financially sound businesses. GO Connection promotes small business success through financial counsel and access to capital. GO Connection houses the U.S. Small Business Administration (SBA) Microloan Program and the SBA Missouri Women’s Business Center.

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