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

        Events Preview: Launch[ED] Day 2016

        By Tommy Felts | September 22, 2016

        There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW Investor & Startup Panel When: September 22 @ 5:30 pm – 7:30 pm Where: Grid Collaborative Workspace Happy Hour and…

        Darcy Howe

        KCRise fund lands $10M to kickoff startup investing

        By Tommy Felts | September 22, 2016

        Kansas City-area startups have a new, local fund to boost their investment rounds. The KCRise fund announced Thursday the closing of $10 million that will co-invest with institutional venture capital groups in early-stage companies based in the Kansas City area. Launched in February in conjunction with the KC Rising economic initiative, the fund was created…

        Tech leaders: KC is built to be a hub for driverless cars

        By Tommy Felts | September 22, 2016

        The Obama administration on Tuesday revealed a set of guidelines for automakers to ensure a safe, efficient rollout of self-driving vehicles in the United States. The rapid development of autonomous vehicle tech, according to the administration, makes it clear that its emergence into American’s everyday life is no longer a question of if — but…

        Parallels emerge between Midwest, Belfast entrepreneurs

        By Tommy Felts | September 21, 2016

        Belfast, Northern Ireland — Despite the some 4,000 miles between them, entrepreneurs in Northern Ireland and the Midwest have more in common than one may know. During a series of business and social gatherings with members of the Pipeline entrepreneurial fellowship program, Belfast entrepreneurs quickly learned how similar they are to those in America’s “flyover”…