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

    It began as a one-man DJ; now this ‘Platinum’ experience is landing KCI’s first big event at the new terminal

    By Tommy Felts | December 13, 2022

    In-person events are back with vengeance, said Kris Nardini; and Platinum XP is positioned to plan experiences coming only from one’s wildest imagination.  “Platinum XP is a single-source, full-service event planning agency. This means that we can quickly create proposals — that are very creative — but also on budget,” explained Nardini, the owner and…

    ‘Every business matters, every job matters’: How $69M in federal funds is already boosting KS entrepreneurs

    By Tommy Felts | December 13, 2022

    Kansas will use a recent influx of federal funding to strengthen the state’s small business and venture capital ecosystems, according to project leaders of a new high-profile effort focusing on equitable access. The state was allocated $69 million earlier this year as part of the State Small Business Credit Initiative (SSBCI), a federal program that…

    Scavenger Tech greenlights indoor-outdoor exploration with box that only unlocks by visiting GPS markers

    By Tommy Felts | December 10, 2022

    An inventor’s GPS-driven scavenger hunt device provides needed adventure in the physical world — minimizing screen time while unlocking meaningful challenges and experiences, said Jeff VanDeusen. “I’ve always been someone who likes to go outside and enjoy nature, and I know that’s not always what engineers are known for,” said VanDeusen, creator of Scavenger Tech and…

    ‘Newbie’ maker collective adds gifts, plants and untamed flair with new West Bottoms shop

    By Tommy Felts | December 10, 2022

    The West Bottoms might be known for its vintage shops, but a just-opened maker collective full of new retail is hoping to add to the neighborhood’s narrative. 12th Street Post — a mixed-use retail space with about 80 local makers and vendors at 1501 West 12th St. — celebrated its grand opening Dec. 2. The…