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

    Drug side effects could kill you; meet the KS lab team using DNA testing to save patients

    By Tommy Felts | March 26, 2024

    A clinical reference laboratory in Olathe is working to make DNA testing for genetically optimized medications more routine and accessible in healthcare, Dr. Ziyan Pessetto shared. Sinochips Diagnostics — founded in 2019 by Dr. Jiawu Song, along with Pessetto and Dr. Andrew Godwin — was conceived with the vision to make pharmacogenomics (PGx) an integral…

    PHKC planning to open its retail incubator in mid-May; here’s a first look inside the east side space

    By Tommy Felts | March 26, 2024

    A new space for entrepreneurs to test-run their retail businesses is envisioned as a 12- to 16-month stepping stone to their own permanent storefronts or locations, said Dan Smith, and the resource could be open as soon as this spring. “We’re preparing entrepreneurs to open their own brick and mortars on the east side,” said…

    Chingu founders, Mean Mule partner for KC’s first soju — a Korean nod to vodka, distilled with culture

    By Tommy Felts | March 26, 2024

    Serial foodpreneurs Keeyoung Kim and David Son are launching the Midwest’s first locally distilled premium soju — a pays homage to the traditions of soju, but embraces a new era of cocktail culture. Through a partnership with Mean Mule Distilling Co., the first release of Chingu Soju will be just 15-20 cases of the product. …

    WeCode KC, high school partner to launch cybersecurity program for students 

    By Tommy Felts | March 23, 2024

    A new program from an expanding Kansas City nonprofit plans to expose high school students to job readiness and life skills that prepare them for careers in cybersecurity, right out of high school.  WeCode KC, which promotes tech education and creating sustainable career pathways, recently announced a partnership with KIPP Legacy High School to introduce…