Happy holidays: Three startups receive Digital Sandbox funds
December 20, 2017 | Bobby Burch
They might not be wrapped with a bow, but Digital Sandbox KC has delivered three gifts to area startups ahead of the holidays.
The proof-of-concept incubator program is dishing grants to TradeLanes, Hungry? and MusicSpoke — three startups that aim to revamp their respective industries with innovative technologies, said Jeff Shackelford, director of Digital Sandbox.
“We know that the more connected early-stage entrepreneurs are — to each other and to the resources — the higher their probability of success,” Jeff Shackelford said in a release. “The Sandbox is helping startups in KC make those connections. We’ve now funded 96 projects and worked with more than 500 entrepreneurs in the metro.”
Launched in 2013, Digital Sandbox offers up to $25,000 in grants to startups with a focus of bringing a product from idea to commercialization.
Both TradeLanes and MusicSpoke were named 2017 Under the Radar startups by Startland News. Here’s a bit more on the three Digital Sandbox companies:
Hungry? is a mobile app with an algorithm to simplify the decision of what and where to eat, helping users find dining options.
MusicSpoke is a global marketplace that allows musicians and educators to purchase sheet music directly from composers. Check out Startland’s profile on MusicSpoke here.
TradeLanes automates trade management for U.S. exporters that uses an online platform to lower costs and make their supply chain more efficient. Check out Startland’s profile on TradeLanes here.
Digital Sandbox established a partnership with the City of Independence and the Independence Economic Development Council in 2016. With similar programs operating in Olathe, Kansas, and St. Joseph, Missouri, the Independence program aims to expand Digital Sandbox resources to the greater Kansas City metro area, Shackelford said.
Since its launch about five years ago, Digital Sandbox issued $1.8 million in project funding for more than 90 early-state firms that have created 536 new jobs with more than $14 million in payroll, according to the organization.
Featured Business
2017 Startups to Watch
stats here
Related Posts on Startland News
Looking for the right exit? Driven founders first must know their startup’s destination
Setting an exit goal early is crucial when founding a startup, shared Robert Zhou, a Kansas City serial entrepreneur-turned-angel investor. “Every startup I mentor, I ask the founder this from Day 1: ‘What’s your goal?’” he explained. “‘Are you trying to build a business that you ultimately sell for $10 million? Is it $1 million?…
Digital Health KC awarded $311K grant with goal to add 70+ jobs, $6M+ in wages across region
Newly announced funding from the Missouri Technology Corporation is expected to boost a regional initiative that aims to open greater access to critical capital and partnerships for Kansas City area companies in a rapidly emerging industry. BioNexus KC — a catalyst for innovation in animal and human health — has received a $311,000 MOBEC (Missouri…
MTC grant puts ‘cherry on top’ for KC startup closing its seed round; two more local companies earn MO funding
A trio of Kansas City tech startups are among seven Missouri companies splitting $2.2 million in equity-based investments from the State of Missouri — a funding milestone that not only reflects momentum, but amplifies it, one grant-winning founder said. The Missouri Technology Corporation on Tuesday announced the awards from its IDEA Fund, with investments slated for…
Nearly $500K in renewed MTC funding for LaunchKC expected to empower early-stage tech startups for years
A popular entrepreneur support program is getting fresh funding from the State of Missouri to continue its competition for non-dilutive grants, along with offering winning companies office space, educational programs, and access to mentors. LaunchKC, the non-profit initiative founded by the Economic Development Corporation of Kansas City, Missouri, (EDCKC) and Downtown Council is set to…