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

    PresentR taps the Kinect to boost public-speaking skills

    By Tommy Felts | March 3, 2016

    A Kansas City startup is plugging into popular gaming technology to improve users’ public speaking skills. Founded by Tim Wikstrom, PresentR taps Microsoft’s Kinect to analyze a presentation, scrutinizing everything from poor posture to counting how many times you say “um.” Founded in 2013, PresentR’s tech evaluates a user’s eye contact, gestures, voice and posture to…

    Niall goes ‘all in’ on new retail location, high-tech pen

    By Tommy Felts | March 3, 2016

    Well-known in Kansas City for gifting Royals manager Ned Yost a snazzy timepiece, Niall will soon be offering a host of new luxury products — including a high-tech pen — and a new store to feature them. Led by CEO Mike Wilson, Niall on Wednesday announced an expansion of its product line to include a…

    Cue the palpitations: Bobby’s taking a (free) coding class

    By Tommy Felts | March 1, 2016

    Only a few weeks in Kansas City, and LaunchCode is already making good on its promise to improve the area’s coding competency with a free, 16-week computer science course. And this mathematically-challenged, technically-inept journalist is going to do his best not to embarrass himself while attempting to learn the science of computing. Open to all…

    2016 Sprint Accelerator

    Sprint Accelerator firms hiring, offering meet-and-greet

    By Tommy Felts | March 1, 2016

    The new firms at the Techstars-led Sprint Accelerator program are already growing. While many are looking for interns, seven of the 10 mobile tech companies in the three-month accelerator are looking to hire staff. The companies, which entered the Kansas City-based accelerator on Feb. 22, each nabbed $120,000 in capital as part of the program,…