$100,000 donation helps Wichita expand microloan program for small businesses

A $100,000 gift from Intrust Bank will allow the city of Wichita to expand its microloan program for underprivileged entrepreneurs into a citywide initiative in 2022. The program was rolled out in May with a narrow focus on women- and minority-owned small businesses in City Council District 1. But officials say it generated the most interest from otherwise qualified business owners who didn’t live in the district. “When we went out to the public for interest, we had many more applications that fell outside of District 1 boundaries, and so they were ineligible,” Assistant City Manager Scot Rigby said at a Thursday press conference.
Source: Local News | Wichita Eagle