Digital Sandbox KC nabs $950K to continue regional startup impact

July 10, 2018  |  Bobby Burch

Jeff Schackelford

Already with a lasting legacy of growing the area entrepreneurial ecosystem, Digital Sandbox KC has received significant support that should fuel its program for years to come.

The proof-of-concept incubator was recently awarded a combined $950,000 — $450,000 from the Ewing Marion Kauffman Foundation and $500,000 from the Missouri Technology Corporation.

The two grants will help the organization’s efforts to award funding to promising startups in the Kansas City area, said Jeff Shackelford, director of Digital Sandbox KC.

“We’ve found that the Sandbox fills a critical gap for early-stage companies in Kansas City,” Shackelford said. “Support from the Kauffman Foundation, MTC and the surrounding communities allows us to continue to significantly increase the volume of high-growth potential startups, who in turn create more new jobs in the region.”

Launched in 2013, Digital Sandbox offers up to $20,000 in grants to startups with a focus of bringing a product from idea to commercialization. The organization has worked with more than 500 entrepreneurs and early-stage companies across the Kansas City metro.

Digital Sandbox has helped to make a significant economic impact in Kansas City via its support of dozens of startups. Since its launch about five years ago, Digital Sandbox has issued $1.9 million in project funding to 100 early-state firms that have created 585 new jobs with more than $14 million in payroll, according to the organization. The startups also have gone on to raise more than $50 million in follow-on funding.

“Our success is a direct result of the quality and quantity of entrepreneurs in Kansas City,” said Shackelford. “By capping the Sandbox project size at $20,000 we can support even more early-stage ideas and keep the program’s momentum growing.”

The incubator’s impact has been vital to spur growth in Kansas City, said Erin Jenkins, program officer at the Kauffman Foundation.

“Digital Sandbox KC plays a pivotal role in the Kansas City entrepreneurial ecosystem,” Jenkins said. “Working together creates an excellent opportunity to reduce barriers for early-stage companies.”

Since 2016, Digital Sandbox has established partnerships with GXP Investments, the City of Independence, St. Joseph, Missouri and Olathe, Kansas, to launch proof-of-concept incubator programs.

Click here to learn more about the program.

startland-tip-jar

TIP JAR

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

2018 Startups to Watch

    stats here

    Related Posts on Startland News

    Digital Sandbox taps K-State Olathe for office space

    By Tommy Felts | April 18, 2017

    The partnership between Digital Sandbox KC and the City of Olathe, Kan. is now a bit stronger. Companies funded out of the Olathe program will now have access to an office and coworking space via the Kansas State University Olathe campus, located at 22201 W. Innovation Dr., Olathe, Kansas. “We’re constantly working to break down…

    A coworking studio for artists, InterUrban ArtHouse to open in Overland Park

    By Tommy Felts | April 18, 2017

    A new coworking and community space for artists is coming to the Kansas City area. Scheduled to open June 15 in Overland Park, the nearly 10,000 square-foot InterUrban ArtHouse is revamping a post office to become a shared space for 20 to 40 artists. The nonprofit is piggybacking on a popular trend in the metro…

    Events Preview: Innovation Exchange, the Sales Series and April Tech Talk

    By Tommy Felts | April 17, 2017

    There are a plethora of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter, or curious community member — we recommend these upcoming events for you. Are you hosting a relevant community event? Feel free to add it to the FWD/KC calendar for increased exposure. Once your event…

    With data pouring in, leaders discuss what’s next for the Smart City

    By Tommy Felts | April 13, 2017

    As Kansas City’s Smart City initiative wraps up its first phase, advisory board members on Monday began looking to the future of the public-private project. Since the initiative’s launch in 2016, the City of Kansas City, Mo. has established itself as a leader in smart city infrastructure, KCMO innovation analyst Kate Garman said. But while…