OurCityRadio is an awesome community to join up with if you are interested in local music. There is no charge to get a station if you qualify for an OCR career!! Our City Careers .com is a great place to start and then fill out an application followed by the skills assessment. I did this and it was a painless process. They will call you personally to discuss the program and community of OurCity. They are an internationally growing revolution in radio!!
The only thing you have to have to start your own radio station is a license. To get a license, you just fill out an application, fill out other required forms and have a Proof of Passing Certificate which you get from a Commercial Operator License Examination Manager. You can find more information here: http://www.ehow.com/how_2164371_start-radio-station.html