Catalyzing Growth: StartUp Hutch and K-State 105 Join Forces for Economic Development

StartUp Hutch and K-State 105 have joined hands in a strategic alliance aimed at catalyzing economic development in Hutchinson and beyond. This partnership signals a concerted effort to invigorate Reno County’s economy by nurturing local start-ups and entrepreneurs.

Through this collaboration, both entities pledge to provide comprehensive support to emerging businesses, ranging from funding assistance to mentorship programs. The goal is to create a thriving ecosystem where entrepreneurs can flourish and contribute to job creation and economic prosperity.

Central to this initiative is the introduction of an Entrepreneur Navigator (E-Navigator) who will serve as a guide for local entrepreneurs, facilitating cooperative efforts and building crucial relationships. Jessica Gnad, Director of K-State 105, envisions this initiative as a catalyst for innovation across all 105 counties, fostering a vibrant entrepreneurial spirit.

K-State 105 is committed to offering resources and tools to empower small businesses and entrepreneurs. Workshops and mentoring sessions are planned to aid business development and expansion, further fueling local economic growth.

To ensure the success of this partnership, solid relationships with local leaders and stakeholders are paramount. Executive Director of StartUp Hutch, Jackson Swearer, believes that fostering entrepreneurship will not only bolster the local economy but also promote community development and improve living standards.

In addition to StartUp Hutch and K-State 105, other organizations like NetWork Kansas, Hutchinson Community College, and K-State Research and Extension will play integral roles in fostering an environment conducive to entrepreneurial success. Together, they aim to replicate successful models statewide, stimulating economic development across Kansas.

This collaboration represents a concerted effort to fortify Reno County’s economy, fostering a culture of innovation and adaptability essential for sustainable economic resilience and prosperity in the region.

Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.

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