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
YEP KC teen serves hope through enterprising volleyball benefit for men’s shelter
When 17-year-old Catherine Franano learned the mattresses at Kansas City Rescue Mission were old and too worn for comfortable use, the Pembroke High School senior leapt into action, she said. “Some of these people … like they’ve just had so many awful things happen to them, but not having anywhere to sleep?” Catherine said. “How…
(Video) ESHIP Summit attendees ask: Can entrepreneurial support efforts actually be sustainable?
When more than 600 attendees gathered this week in Kansas City for the second ESHIP Summit, they each came with their own ecosystems, businesses, local governments and support networks in mind. They also brought questions. “What are they doing in their cities? What’s worked and what hasn’t worked? What can we adopt back at home…
Four key moments led to SoftVu’s exit (three missteps kept it from happening sooner)
Deals like the acquisition of KC-based SoftVu by an Alabama private equity firm don’t happen overnight. And founder Tim Donnelly gives near-equal weight to the trials and triumphs that led the marketing platform to its big exit. “We’ve done as much as we possibly can based on the mistakes we’ve made, the lessons that have…
Eyeing added impact, AltCap expands its KC service area
AltCap — a Kansas City-based community development financial institution that focuses on underserved populations — is expanding its footprint. In response to small businesses’ growing demand for capital, AltCap will now serve the entire Kansas City metro, including the Kansas counties of Wyandotte, Johnson, and Leavenworth. The move will allow AltCap to finance more small…