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

    Recyclverse products

    Fund Me, KC: UMKC alums aim to transform recycled plastics into functional home décor

    By Tommy Felts | October 15, 2021

    Startland News is continuing its “Fund Me, KC” series to highlight area entrepreneurs’ efforts to accelerate their businesses or lend a helping hand to others. This is an opportunity for business owners and innovators — like Nicole Dover and Tony Jordan, and their newly launched venture, Recyclverse — to share their crowdfunding stories and potentially…

    New in KC: Elizabeth Pishny treks from farming to human trafficking, Facebook to Google, Austin to KC

    By Tommy Felts | October 15, 2021

    Editor’s note: New in KC is an ongoing profile series that highlights newly relocated members of the Kansas City startup community, their reasons for a change of scenery, and what they’ve found so far in KC. This series is sponsored by C2FO, a Leawood-based, global financial services company. Click here to read more New in KC profiles. While Elizabeth Pishny is…

    Tony Bien, Sandbox by Swell Spark

    WATCH: Master craftsman builds on military career — a catalyst to avoid wasted opportunity

    By Tommy Felts | October 15, 2021

    Tony Bien cuts lumber. He might even cut into a melon. But service in the Kansas Army National Guard taught the hands-on force behind Swell Spark’s in-house design workshop to avoid cutting corners. “I’ve been very blessed in my career with the Army and with what I am doing now,” said Bien, who serves as…

    Shekhar Gupta, MyAnIML, Blockchain Initiatives

    Blockchain to beef: Why one serial innovator traded the slow pace of corporate life for another muzzle

    By Tommy Felts | October 14, 2021

    Shekhar Gupta learned early that life comes with two approaches for overcoming challenges: accept the problem and move on or figure out a better way of solving it. The Kansas City serial entrepreneur has no shortage of ideas for finding solutions, but he keeps moving nonetheless. As COO of Blockchain Initiatives, Gupta has his hands…