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

    AltCap team at the 2021 AltCap Your Biz competition during GEW KC

    Kauffman grants $5.3M to AltCap to help those overlooked by lenders access capital

    By Tommy Felts | February 15, 2022

    Editor’s note: The Ewing Marion Kauffman Foundation is a financial supporter of Startland News. A significant new grant from the Ewing Marion Kauffman Foundation is expected to help AltCap support the capitalization and administration of a fund that increases access to capital for entrepreneurs in distressed areas of Kansas City and for those whose credit applications…

    Isaac Collins, Yogurtini

    Building a business is a lonely journey, says serial risk-taker; but access to resources can grow Black community, generational wealth

    By Tommy Felts | February 14, 2022

    Editor’s note: SCORE is an advertiser with Startland News, though this report was produced independently by the nonprofit newsroom. Forget the fluff, said Isaac Collins. Kansas City’s SCORE Community Strategic Alliance (SCSA) is planning a KC Business Ecosystem for Black Entrepreneurs webinar that will leave attendees with constructive teachings that they can bring into today,…

    The facade of the historic Eblon Theater at 1822 Vine St. would be saved and incorporated into a $23 million redevelopment proposal approved by the City Council.

    City says ‘long overdue’ 18th & Vine plan isn’t a facade for gentrification; effort would bring retail, apartments to blighted district

    By Tommy Felts | February 11, 2022

    Editor’s note: The following story was originally published by CityScene KC, an online news source focused on Greater Downtown Kansas City. Click here to read the original story or here to sign up for the weekly CityScene KC email review. ‘The city’s blighted and dangerous buildings have been choking the life out of the district for decades,’ business owner…

    Una Familia Tequila

    New tequila, same family: Why you’ll miss all the shots you don’t take of this soon-to-be iconic KC spirit

    By Tommy Felts | February 11, 2022

    They’re among Kansas City’s most popular brands, Andy Miller said, distilling just how crucial it is for the minds behind Spanish Gardens, Perez, and Silva’s to get it right as they launch a new brand: Una Familia Tequila. “There were sleepless nights,” recalled Miller, founder of Una Familia and COO of Spanish Gardens Foods — the…