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

    Dr. F. Nicholas Franano, Artio Medical; photo courtesy of Max McBride

    $12M capital infusion pumps Prairie Village-based Artio Medical to $46M in funding

    By Tommy Felts | April 29, 2021

    A Johnson County medical device company announced Thursday the closing of an additional $12 million tranche of Series A financing — advancing the startup’s tech toward clinical study and commercialization with the backing of a leading Kansas City real estate developer. “We are thrilled to close this round of financing with strong support from existing investors…

    Photo courtesy of Healium

    US Air Force contracts Healium for ‘drugless’ therapy amid military suicide epidemic

    By Tommy Felts | April 27, 2021

    As suicide rates among U.S. military service members continue to rise, Columbia-based Healium is doubling down on its mission to make mental fitness tools more accessible.  “It’s an honor to serve these service members and their families who’ve sacrificed in ways we cannot imagine,” Sarah Hill, founder and CEO, told Startland News in announcing a…

    How the first-ever movie sold on NFT is rigging KC-made ‘Lotawana’ for blockchain history

    By Tommy Felts | April 26, 2021

    An independent film shot on Missouri’s Lake Lotawana is earning premier attention — becoming the world’s first piece of cinema to sell on the blockchain, potentially overhauling the way Hollywood connects with moviegoers, its creators said.  “One thing that I’m very passionate about in life is cinema,” said Trevor Hawkins, the Emmy-winning local filmmaker who wrote…

    Liliane Lemani, African Designs by Liliane and Amisi

    The Toolbox aims to bridge cultural entrepreneur gap in WyCo; opening new resource center Thursday

    By Tommy Felts | April 26, 2021

    Editor’s note: This story is sponsored and was produced by Forward Cities, a non-financial partner of Startland News and a national nonprofit that is managing the implementation of the ESHIP Communities program as a grantee of the Ewing Marion Kauffman Foundation. Any opinions expressed in this commentary are those of the author. Pedro Morales, owner…