A NetWork Kansas Entrepreneurship Community (E-Community) has made a commitment to cultivating an entrepreneurial environment by identifying and developing resources to help local entrepreneurs start or grow businesses. An E-Community has a locally-controlled loan fund to assist entrepreneurs with capital and connectivity to resources to assist entrepreneurs and small businesses.

The goal of the E-Community is to increase entrepreneurial activity. Financial assistance through low-interest loans is one part of this. E-Community designation also brings to the county connectivity to resources available to assist entrepreneurs and small businesses, and a partnership with other E-Communities. More details on the E-Community program can be found on Network Kansas’ website.

E-Community Business Loans

There is a local financial review board that evaluates each of the loan applications and determines whether or not to fund the request. The actual loan funds come from Network Kansas.

$150,000+

in loan funding has been provided to Stafford County businesses

Loan Funds Can Be Used For

Start Up Costs

Purchasing a Business

Business Expansion

Working Capital

Inventory

Interested in a Business Loan?

Have you ever thought about starting a business? Do you own one already? Being an entrepreneur comes with many challenges and also many rewards. EcoDevo is here to help you tackle some of the challenges so that you can reap more rewards.

Many businesses struggle with funding but this is one of the most important contributions to a business’s success. You can apply for funding through our local E-Community Loan Program, which matches some of the capital you may have already located for your business with a low-interest loan.

If you are interested in an E-Community Loan, call or stop by our office.

Application Process

The Initial Application is the first step in understanding the business and business proposal. Upon receipt of the application, the Stafford County E-Community Team will review it in a timely manner. After this initial review, additional detailed information about your business and a follow-up interview may be requested. You can expect the application process from the date an Initial Application is submitted to loan approval to be 4-6 weeks.

Scoring Criteria:
– Financial Soundness
– Owner/Operator Experience
– Business Plan & Cash Flow Statement
– Potential Economic Impact
– Quality of Life Impact
– Creation of New Business or Retention of Existing Business

Applicants that are denied funding are provided a list of considerations that could be addressed to improve the prospects for approval. Revised applications may be re-submitted 30 days or more after the initial presentation to the board.

Click on the buttons below to download the application and cash flow template. The cash flow template has multiple tabs.

Initial Application

Cash Flow Projections