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

    $10M earmarked for Kansas City tech talent development

    By Tommy Felts | June 29, 2016

    Kansas City’s Full Employment Council is doubling down on its efforts to train techies. U.S. Deputy Secretary of Labor Chris Lu is visiting Kansas City Wednesday as part of the FEC’s announcement that it earned a $5 million grant to train young adults in IT, healthcare, financial services and advanced manufacturing. And thanks to matching…

    North Kansas City to receive area’s largest coworking studio

    By Tommy Felts | June 29, 2016

    North Kansas City will soon boast the metro’s largest coworking facility. The first shared workspace in North Kansas City, iWerx’s massive 33,000-square-feet facility is scheduled to open in July for entrepreneurs hoping to work in a community of innovators. iWerx also will house a business incubator that hopes foster entrepreneurial vibrancy in North Kansas City.…

    Gallery: The 2016 Kansas City Maker Faire

    By Tommy Felts | June 28, 2016

    Kansas City creativity was on full display at the 2016 Maker Faire. To learn more about the event, check out this video from Startland News.

    New Kansas City incubator focuses on energy startups

    By Tommy Felts | June 28, 2016

    Kansas City now has a new sandbox to play in. Digital Sandbox KC on Tuesday announced the launch of Energy Sandbox. Similar to Digital Sandbox, Energy Sandbox aims to provide proof-of-concept resources to early-stage entrepreneurs — but this time, it will be for startups in the energy sector, rather than tech. Energy Sandbox will partner…