Local business incubator receives funding boost

Fulton-based Show Me Innovation Center gets $10K anonymous donation

Someone took the Show Me Innovation Center’s “Give 10 Get 10” campaign a step further.

Late last month, the new Fulton-based initiative launched a capital campaign asking people to donate $10, then recruit 10 more people to do the same.

This week, an anonymous donor contributed $10,000 to the local business incubator project.

“We were extremely thrilled,” Kim Barnes, committee chair for the Show Me Innovation Center, told the Fulton Sun.

She said that much of a contribution showed the donor is “very on board with the concept.” Barnes said she knows who the donor is, but that individual wished to remain anonymous.

Among other goals, the Show Me Innovation Center would create an eight- to 12-week program designed to provide mentorship, evaluate business ideas and eventually help with start-up funding for budding business people and entrepreneurs in Callaway County.

The Show Me Innovation Committee, working under the umbrella of the Fulton Area Development Corporation, hopes the city of Fulton will let the group use the former police station building on Market Street as the center’s headquarters.

On June 24, the Show Me Innovation Center launched its “Give 10 Get 10” fundraising campaign in an effort to collect $200,000 by Aug. 10. As of Wednesday, it was up to $35,000 in donations, including the recent $10,000 anonymous give.

“Response has been good by our community,” Barnes said.

She said donations have come from businesses and individuals.

“It’s exciting to see the positive response from the community,” Barnes said.

Bruce Hackman, FADC president, shared Barnes’ excitement.

“I think we’re just thrilled people believe in the mission, objectives put forth by the Show Me Innovation board,” Hackman said.

He noted a committee formed under the FADC has been working on this since last year, creating a concise and coherent message to present to the public.

“The Show Me Innovation Center’s mission is to affect economic growth and job creation in mid-Missouri by making startup capital, business services, mentorship and training resources available to entrepreneurs engaged in either new or existing businesses,” according to its website.

Hackman said he hopes members of the community will see how transformative this initiative can be for the local economic environment.

To donate to the Show Me Innovation Center, visit www.showmeinnovation.org or mail a check to Show Me Innovation, c/o FADC 2624 Fairway Drive - Suite A, Fulton, MO 65251.

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