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

    KCUR and Startland chat Techweek, Kansas City entrepreneurship

    By Tommy Felts | September 15, 2016

    Startland News editor-in-chief Bobby Burch hopped on KCUR’s Central Standard to discuss Techweek Kansas City and challenges facing area startups. Listen to the conversation below. Special thanks to KCUR for sharing its content!

    Photo gallery: Techweek’s LaunchKC Top 100 Expo

    By Tommy Felts | September 15, 2016

    Hundreds of Techweek Kansas City attendees converged on Union Station Thursday afternoon to explore dozens of startups part of the LaunchKC grants contest. Now in its second year,  the popular grants competition LaunchKC was again met with an enthusiastic response by applicants in 2016, drawing more than 400 applicants. The competition — which will distribute $500,000 via 10, $50,000 non-dilutive…

    Look into serial entrepreneur Jeff Hoffman’s toolkit of inspiration

    By Tommy Felts | September 15, 2016

    “What if you applied the skills of entrepreneurship to everything that you do?” serial entrepreneur Jeff Hoffman asked a crowd at Union Station on Thursday. As Hoffman took the stage as Techweek Kansas City’s keynote speaker, he did just that. Applying the skill of “adaptability,” he decided to nix his slide deck and improvise. A…

    Events Preview: The Power of Inventing

    By Tommy Felts | September 15, 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 Women in Tech Breakfast at Union Station When: September 16 @ 8:00 am – 9:00 am Where: 30 W. Pershing…