• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

1

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

2

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

3

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

Make Your City a Hub for Social Entrepreneurship

By
Josh Schukman
Josh Schukman
and
MiLLENNiAL
MiLLENNiAL
Down Arrow Button Icon
By
Josh Schukman
Josh Schukman
and
MiLLENNiAL
MiLLENNiAL
Down Arrow Button Icon
January 4, 2016, 3:52 PM ET
University Of Cambridge
Cyclists and pedestrians move along Trinity Street past St Johns College, part of the University of Cambridge in Cambridge, U.K., on Sunday, Oct. 5, 2014. As the U.K. government cuts funding for universities, Cambridges colleges are becoming increasingly entrepreneurial about making money. Photographer: Peter Kindersley/Bloomberg via Getty ImagesPhotograph by Peter Kindersley — Bloomberg via Getty Images
Add Fortune on Google for similar content.

Iconic cities are not born, they are made. It was never a sure thing that New York would become more influential than Philadelphia or that San Francisco would birth more startups than anywhere in the world. Rather, the cities that become great at something do so because of very deliberate action taken by residents and governments. While San Francisco is hard to beat at its startup prowess, cities all over the country are rushing to become the next ‘hub’ for something. Cleveland is aspiring to become the bioscience capital of the world, the northwest wants to rule on green energy, and Boston wants to rock it on med tech.

Success at becoming a ‘hub’ is never a sure thing, but it is a sure thing that a city will stay a nobody unless it figures out what it should be known for and gets about the business of making that happen. In Kansas City, the residents have learned a thing or two about moving a city from an afterthought to a national leader on social entrepreneurship. The model they pursued is one that many cities could implement. Here are the five keys that Kansas City pursued to transform itself into a hub for social entrepreneurship:

Capitalize on the strengths of area universities

The University of Missouri at Kansas City has been a national leader in social entrepreneurship since long before the city devoted itself to this cause. Thus, it became a natural asset as the city aligned itself with becoming a social entrepreneur’s hub. For example, the University now offers a competition for social ventures in town and also hosts a national conference on social entrepreneurship. Most importantly, the university has strong connections to local businesses, offering tremendous opportunities to its social entrepreneur graduates.

Rally local foundations

This was easy in Kansas City. It’s home to the Kauffman Foundation, an internationally recognized source for entrepreneurship. Foundations abound in every city and they always have an interest in community improvement. This makes them natural allies in a city’s effort to become a hub for social good. In the example of Kansas City, Kauffman hosts some of the city’s largest social entrepreneurship events, offers grants to social causes, and equips social entrepreneurs with cutting edge research. Partners like Kauffman are critical allies when a city aligns itself with social entrepreneurship.

The effort must be driven by the social entrepreneurs themselves

No government can mandate that a city become a hub for anything. Rather, a hub starts from the ground up. In the case of Kansas City, it was companies like Madi Apparel, Life Equals, and Red Dirt who rallied together to create a grassroots movement to equip social entrepreneurs. These companies were young social ventures that saw value in equipping the city’s next generation of changemakers. So, they created networking groups, led workshops, and even rallied together on a joint popup shop to help lift up social entrepreneurship in the city. As foundations and city government took notice, these change agents became natural leaders of the citywide movement to position Kansas City as THE social entrepreneur’s hub.

Embrace the startup culture

Startups are hip, innovative, and all the rage right now. Startups are also willing to experiment, to fail, and to build success on the ashes of failure. You need this kind of attitude if you hope to turn your city into a social entrepreneurial hub. For example, the Kansas City Startup Village is an organic community of startups that formed around Google Fiber. It connects around 30 startups in a 10 block radius so they can personally support each other as they battle the daily struggles of startup life. Weaving this sort of culture into the fabric of your city is necessary if you hope to become a hub for social good.

Remember this is a long term play

Kansas City has based much of its success at becoming a hub on the teachings of Brad Feld. In Feld’s book, Startup Communities, he points that it takes at least 20 years of dedication for a city to transform itself. Kansas City is roughly 10 years into the process of becoming a hub, and while it has already generated incredible results, it is clear that more time is needed. The point is: any city that hopes to become a social entrepreneur’s hub needs to keep this in perspective. The journey to community transformation is long and tough. The key to success at becoming a social entrepreneur’s hub is to realize this and stop people from dropping off when the going gets tough.

More from MiLLENNiAL:

How to Set and Reach Goals Like a Novelist

What Is Social Entrepreneurship?

Latino Veteran Rodrigo Garcia Invests in the Future of Illinois

Cities all around the US are realizing that they can transform themselves into something better. Kansas City is an example of how a good city can make itself great with the combination of a unified vision and a carefully executed strategy. Bring the same to your city to help it become a hub for social venturing.

This piece originally appeared on MiLLENNiAL.
About the Authors
By Josh Schukman
See full bioRight Arrow Button Icon
By MiLLENNiAL
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
RetailNike
Nike’s earning numbers exceeded Wall Street’s expectations. But CEO Elliott Hill’s next test is the World Cup
By Mia OsmonbekovJune 30, 2026
5 hours ago
Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
AIDell Technologies
Dell’s AI boom is real, but so is the profit margin hit nobody is pricing in
By Mia OsmonbekovJune 30, 2026
7 hours ago
Young couple looking sad in front of a home with a for sale sign
Real EstateHousing
Gen Z and millennials aren’t convinced the American Dream exists anymore: Only 40% of them can afford to buy a home
By Tristan BoveJune 30, 2026
7 hours ago
Russian President Vladimir Putin
EconomyRussia
It started with one viral influencer complaining about Russia’s economy. Now a record 60% of Russians are pessimistic about their country’s outlook
By Tristan BoveJune 30, 2026
8 hours ago
Image of colored bar charts with one being pushed up.
NewslettersEye on AI
AI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
9 hours ago
Stripe CEO Patrick Collison gestures with his hands as he speaks into a microphone before a congressional committee hearing.
Cryptostablecoins
Stripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle
By Camila Grigera NaónJune 30, 2026
9 hours ago

Most Popular

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
AI
'Humanity has chosen to become idiots': This Brown professor switched to take-home exams after a mass shooting and discovered mass cheating
By Catherina GioinoJune 29, 2026
1 day ago
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
Environment
The retired college professor fighting a $313 trespassing ticket in Wisconsin thinks he's part of a national struggle
By Catherina GioinoJune 28, 2026
3 days ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.