Fulton looks to become a hub for small business

1 year ago July 20, 2014 Jul 20, 2014 Sunday, July 20 2014 Sunday, July 20, 2014 1:37:15 PM CDT in Coverage From Callaway
By: Lauren Donovan, KOMU 8 Reporter

FULTON - One group in Fulton wants to make their city a Mecca for small businesses.

About eight months ago, the Fulton Area Development Corporation came together at an open town hall meeting to see what they could do to better their community and local economy. The group realized that they had a way to bring in business to the city, but lacked a way to foster small business growth from within. A board of seven professionals were selected to help cultivate and kick-start the Show Me Innovation Center, a small business incubator that looks to bring economic prosperity to the city. 

Kim Barnes, President and CEO of Callaway Bank in Fulton is one of the members who is spearheading the cause. Barnes is a big advocate for what she likes to call "economic gardening". After noticing some troubling trends in the local economy, such as an aging population, a population decline and some empty storefronts, Kim became determined to develop those existing businesses struggling in her community as well as cultivate new ones. 

The group looks to create a culture that is welcoming to start-up-businesses and young entrepreneurs. "We want it so that young people can stay here instead of feeling like they have to go to a big urban center or move away to start their small business," Barnes said. 

Barnes also expressed her interest in developing existing businesses as well. "When you think of an incubator, an acceleration pool you tend to think of a new business but thats not the only thing that needs help," said Barnes. 

Both the City of Fulton and the local Chamber of Commerce have been backing the cause but the obstacle of fund raising still stands in the way. The board has already found a viable location to house the center, the old police station on Market Street downtown. Add that to the cost of the other services that need to be provided including mentorship and coaching by successful business professionals and it really adds up. "We could try look for funding sources in other ways but we are impatient to get started," said Barnes. So they launched their "Give Ten Get Ten" campaign, give ten dollars to the cause and get ten friends to donate as well. 

If you are interested in contributing to the cause you can go to www.showmeinnovation.org. 

More News

Grid
List
COLUMBIA - The third annual Black Men Rock event at Columbia College honored leaders in the black community Saturday afternoon.... More >>
28 minutes ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 6:54:12 PM CST in Continuous News
COLUMBIA - Police responded to a report of shots fired around 5 p.m. near Olympic Boulevard and Danbury Court in... More >>
51 minutes ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 6:31:44 PM CST in Continuous News
JEFFERSON CITY (AP) — A Missouri lawmaker says he's pleased that a colleague dropped a restraining order against him, but... More >>
1 hour ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 5:28:16 PM CST in Continuous News
COLUMBIA - The fifth annual Lunafest made its way to mid-Missouri Saturday. The festival took place at Stephens College... More >>
2 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 5:19:10 PM CST in Continuous News
JEFFERSON CITY - A hearing is scheduled in the Missouri Senate Transportation, Infrastructure, and Public Safety Committee for four bills... More >>
2 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 4:55:18 PM CST in Continuous News
PENSACOLA, Fla. (AP) — The surviving suspect in a multistate crime spree has been booked into a Florida jail. ... More >>
3 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 3:39:43 PM CST in Continuous News
COLUMBIA - A group of kids in Columbia explored space Saturday through a monthly space show at the Columbia Public... More >>
3 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 3:24:27 PM CST in Continuous News
BOONE COUNTY - A grass fire in Boone County Saturday afternoon left more than half an acre of land burned.... More >>
4 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 3:04:30 PM CST in Continuous News
COLUMBIA - The Columbia Fire Department responded to a fire at the Gates Rubber Company around 10:30 Saturday morning. ... More >>
4 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 2:34:00 PM CST in Continuous News
SIKESTON (AP) — A 19-year-old southeast Missouri man faces charges accusing him of videotaping a man in a YMCA restroom.... More >>
5 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 1:41:01 PM CST in Continuous News
JEFFERSON CITY (AP) — A proposal to keep firearms out of the hands of domestic abusers appears to have little... More >>
6 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 1:21:16 PM CST in Continuous News
CALLAWAY COUNTY - One person died after an accident on eastbound Interstate 70 near Kingdom City Saturday morning around. ... More >>
7 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 11:58:29 AM CST in Continuous News
COLUMBIA - Every state in the U.S. loses money to online sales, but a new study reveals Missouri is the... More >>
7 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 11:57:34 AM CST in Continuous News
JEFFERSON CITY (AP) — Missouri is among the majority of states that restrict access to original birth certificates for people... More >>
8 hours ago February 06, 2016 Feb 6, 2016 Saturday, February 06 2016 Saturday, February 06, 2016 11:07:14 AM CST in Continuous News
JEFFERSON CITY (AP) — Twelve cities are arguing a state law capping how much revenue municipalities can draw from traffic... More >>
1 day ago February 05, 2016 Feb 5, 2016 Friday, February 05 2016 Friday, February 05, 2016 7:21:46 PM CST in Continuous News
MOLINE ACRES (AP) — Police in the St. Louis suburb of Moline Acres are investigating the stabbing death of a... More >>
1 day ago February 05, 2016 Feb 5, 2016 Friday, February 05 2016 Friday, February 05, 2016 7:12:57 PM CST in Continuous News
COLUMBIA - Trade deals between Missouri and Colombia and Peru could bring more than 6,000 jobs to the state in... More >>
1 day ago February 05, 2016 Feb 5, 2016 Friday, February 05 2016 Friday, February 05, 2016 6:27:09 PM CST in Continuous News
CAMDENTON - The Camden County Sheriff's Office is investigating allegations of criminal behavior within the courthouse. The investigation started... More >>
1 day ago February 05, 2016 Feb 5, 2016 Friday, February 05 2016 Friday, February 05, 2016 6:22:56 PM CST in Continuous News
Interactive Radar Columbia, MO
Broken Clouds 44°
8pm 44°
9pm 42°
10pm 39°
11pm 39°
Select a station to view its upcoming show schedule: KOMU 8 CW Mid-Missouri's CW

Coming Up Next

7:00 pmDateline NBC
9:00 pmSaturday Night Live
10:00 pmKOMU 8 News @ 10

Tonight's Schedule

7:00 pmDateline NBC
9:00 pmSaturday Night Live

Coming Up Next

7:00 pmFamily Guy
7:30 pmFamily Guy
8:00 pmBob's Burgers

Tonight's Schedule

7:00 pmFamily Guy
7:30 pmFamily Guy
8:00 pmBob's Burgers
8:30 pmBob's Burgers
9:00 pmKOMU 8 News @ Nine on The CW
9:30 pmSeinfeld