Innovation Stockyard selects first St. Joe startup for Digital Sandbox

September 19, 2017  |  Meghan LeVota

Innovation Stockyard, located at the Christopher S. Kit Bond Science and Technology Incubator

A curbside recycling service is expected to be the first startup to receive Digital Sandbox KC proof-of-concept funding through the Innovation Stockyard incubator.

Toss it Curbside, a service with which customers place unwanted items on their curbs to be recycled or donated, plans to use the funds and the St. Joseph-based incubator program to optimize its web functions and expand to new markets, said co-founder Aaron Brennan.

“We’re incredibly grateful for the support from St. Joseph and the funding from the Sandbox,” Brennan said in a release. “We’re expanding rapidly. This funding will help get our business to the next step and fit the needs of our customers.”

With a focus on animal health technology, Innovation Stockyard is located within the Christopher S. Kit Bond Science and Technology Incubator on the Missouri Western State University campus. In addition to traditional office space, startups have access to wet lab space where they can partake in chemistry and biology.

In June, Innovation Stockyard established a partnership with Digital Sandbox. The program provides startups with up to $25,000 in non-dilutive grants for proof-of-concept resources, such as prototyping, beta testing and market validation. In addition to Kansas City and St. Joseph, the program has also entered partnerships with the cities of Olathe, Kansas, and Independence, Missouri.

The partnership expands entrepreneurial resources available to northwest Missouri startups, said Ronan Molloy, president of Innovation Stockyard.

“The St. Joseph Sandbox is a great opportunity for early-stage entrepreneurs,” Molloy said in a release. “Based on the quality of the applications so far, we believe we have another arrow in the quiver for entrepreneurship in St. Joseph.”

Since its launch in 2013, Digital Sandbox has worked with more than 500 early-stage companies across the Kansas City metro and surrounding areas. The program has provided more than $1.7 million in project funding, spurred $38 million in follow-on funding and created more than 480 new jobs.

Digital Sandbox director Jeff Shackelford sees a lot of talent in St. Joseph area entrepreneurs.

“As expected, there are creative, innovative entrepreneurs across the state of Missouri,” Schackelford said in a release. “The partnership with Innovation Stockyard allows us to reach early-stage entrepreneurs in northwest Missouri and help move them forward to create new companies and areas jobs.”

Digital Sandbox is partially funded by the Missouri Technology Corporation (MTC), a Missouri government program with an uncertain future. The agency’s budget was cut substantially from nearly $23 million in 2017 to $3.4 million in spending authority for 2018. Many area businesses credit their growth rate to MTC funds.

More recently, Missouri Gov. Eric Greitens’ office released a report suggesting MTC’s existing programming be replaced with a privately-managed innovation fund.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , ,
Featured Business
    Featured Founder

      2017 Startups to Watch

        stats here

        Related Posts on Startland News

        JE Dunn Site 1001

        JE Dunn leads $5M round in a local, ‘skunkworks’ tech spinout

        By Tommy Felts | September 27, 2016

        One of Kansas City’s top corporations has led a $5 million investment round in a local tech firm that helps manage the torrents of paperwork associated with building maintenance and management. Kansas City-based JE Dunn led the Series A round in Site 1001, a software company that spun out of the construction giant to digitize…

        Growing tech startup Campus Eye wants to make schools safer

        By Tommy Felts | September 26, 2016

        College campuses aren’t the safest place to be. Nearly one in four female college students in the U.S. have experienced sexual assault. In the same study, 11 percent of female college students said they’ve experienced rape. And since 2013, there has been more than 76 instances of gun violence on college campuses. Campus Eye founder…

        Obama’s $80M reinvestment in smart city tech touches Kansas City

        By Tommy Felts | September 26, 2016

        In a move that will provide the Kansas City area more resources to develop Internet of Things technology, President Obama’s administration announced Monday that it’s boosting support of U.S. smart city infrastructure. The White House issued a statement that it’s expanding its Smart Cities Initiative with more than $80 million in new investments. The move…

        UK firm lured by Kansas City’s charm, opportunity

        By Tommy Felts | September 23, 2016

        Born in South Africa and a resident of Great Britain for over a decade, Fred Hefer, CEO of Pomerol Partners, never would have guessed he’d be moving his family to Kansas City. “Really? This place in the middle of America?” Hefer said. “With the tornados and the story about Dorothy?” Hefer said his wife and…