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

    Milad Ghasempour and Jannae Gammage, The Market Base

    Top young startups, makers, woman-owned companies vie for ‘Emerging Business’ honors

    By Tommy Felts | June 1, 2021

    More than a dozen startups and small businesses are now finalists for the Kansas City chamber’s Emerging Business Award, vying for recognition amid a field of promising homegrown contenders. Among them: two of Startland News’ Kansas City Startups to Watch in 2021, a handful of young businesses recently profiled by the publication for showing their…

    Molly Balloons posing in one of Balloon Wonderland’s backdrops; Art set by Kansas City’s Quixotic

    Molly Balloons blows back: Inflating a life full of Tuesdays with weekend wonder, whimsy

    By Tommy Felts | May 29, 2021

    The pandemic twisted life for Molly Balloons, forcing the whimsical balloon artist — who thrives amid public exhibitions of her creativity and work — to reflect on what truly fills her soul with the most purpose and joy, she shared. A new summer popup launches this weekend in the West Bottoms, officially blowing Balloons back…

    Mr K contenders: KC chamber reveals 10 finalists for Small Business of the Year award

    By Tommy Felts | May 28, 2021

    Ten Kansas City companies — ranging from tech startups, apparel and experience brands to standout, hands-on small businesses — are officially in the running for the Chamber’s top honor: the prestigious Mr. K award. The finalists were announced Friday morning on social media with surprise reveals filmed Thursday alongside media sponsor Startland News, following a…

    Matt Baysinger and Ryan Henrich, co-founders of Swell Spark, on an April biking trip in Utah

    Why Swell Spark founders needed a business breakup to keep the startup (and their friendship) moving forward

    By Tommy Felts | May 28, 2021

    Matt Baysinger and Ryan Henrich pedalled 100 miles over Utah’s rocky terrain as a milestone marker in the duo’s relationship — exiting a business partnership and riding ahead on a tight, decades-long friendship, Baysinger shared.  “You hear time and time again that you shouldn’t go into business with your friends,” said Baysinger, who in October…