Media Contact: Courtney Klein, CEO, SEED SPOT, 480-628-2300
Receives Kauffman Foundation Grant
Selected as one of eight best-in-class support organizations nationwide, SEED SPOT will use funding to expand its reach and impact on entrepreneurial ventures
Phoenix, Arizona (Oct. 29, 2015) — SEED SPOT announced today that it has been awarded a grant from the Ewing Marion Kauffman Foundation as part of the Foundation’s initiative to fund exemplary organizations that help entrepreneurs launch and grow their businesses.
SEED SPOT was one of eight grantees selected from an applicant pool of more than 300 entities from 47 states. Applicants included organizations that serve a variety of sectors and demographic groups, from high-tech entrepreneurs to low-income individuals and groups that are under-represented in the world of entrepreneurship.
“We are incredibly excited to scale our work to other communities as a result of this grant,” said Courtney Klein, Co-Founder & CEO of SEED SPOT. “There is a rising tide of social entrepreneurs across the country and globally. We are excited to support and help those entrepreneurs grow by working with leaders who are ready to bring SEED SPOT to their community.”
Wendy Guillies, president and CEO of the Kansas City, Missouri-based Kauffman Foundation, said the cohort of grantees represent some of the country’s most effective, scalable and transferable entrepreneurial support programs.
“These eight organizations have demonstrated success in helping entrepreneurs meet key challenges they face in growing their businesses,” Guillies said. “The Foundation also is interested in developing a better understanding of what makes such programs effective so that we can help other organizations replicate their strategies and contribute to greater entrepreneurial success.”
About SEED SPOT
SEED SPOT is a nationally leading organization based in Phoenix with a mission to educate, accelerate, and invest in the dreams of social entrepreneurs. SEED SPOT exclusively supports entrepreneurs building products, services, and technologies that improve lives or communities. SEED SPOT has a demonstrated track record of supporting 164 entrepreneurs to date, 88% are still in business and 93% are still in the state of Arizona. Consider attending their fall DEMO DAY on December 10th: bit.ly/seedspotdemo15. For more information visit: www.seedspot.org
About the Kauffman Foundation
The Ewing Marion Kauffman Foundation is a private, nonpartisan foundation that aims to foster economic independence by advancing educational achievement and entrepreneurial success. Founded by late entrepreneur and philanthropist Ewing Marion Kauffman, the Foundation is based in Kansas City, Mo., and has approximately $2 billion in assets. For more information, visit www.kauffman.org, and follow the Foundation on www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn.