KC-based Contract Canvas earns finalist slot for WeWork Creator Awards in Nashville

August 15, 2018  |  Tommy Felts

Chad Elliott and Chris Brown, Contract Canvas

Returning to WeWork’s Creator Awards to pitch Contract Canvas was a defining moment for Chris Brown, as well as the year-old legal startup, he said.

“I worked harder on this pitch than perhaps any pitch I’ve ever given,” said Brown, hours after a flight back from meeting with Creator Awards judges in New York City with tech co-founder Chad Elliott. “And when I walked out of the pitch, I told Chad that it was the best pitch I’ve ever given and if we don’t move on, it’s not that we lost, it’s just that the other teams are so great.”

Brown’s performance instincts were correct.

Contract Canvas’ development since last summer — when it won an $18,000 Incubate Creator Award (the smallest category, for brand new companies), Brown said — placed it this week among six finalists out of a pool of more than 1,700 applicants from across the Eastern U.S., Puerto Rico, and Ontario.

The Kansas City company, a WeWork Corrigan Station member, advances to the Sept. 13 Creator Awards Regional Semi-Final event at Marathon Music Works in Nashville.

There, founders will continue vying for more than $700,000 in 2018 Creator Awards funding, with prizes ranging from $18,000 to $360,000. Judges include Ashton Kutcher, actor and investor; his partner at Sound Investments partner, Guy Oseary; Dia Simms, president of Sean Combs Enterprises; and Tyler Hubbard and Brian Kelley, the country music duo behind Florida Georgia Line.

Competition categories include the Business Venture Award for entrepreneurs and companies with fresh ideas ($130,000 to $360,000); Nonprofit Award for charitable organizations big and small ($72,000 to $130,000); and Performing Arts Award for entertainers and groups with a unique point of view ($18,000 to $72,000).

“There will likely be a couple winners in our category,” Brown said. “We would love to be one of those, but even if we are not chosen, we won’t be too upset. The other companies are doing amazing work and, to be honest, they all deserve funding.”

When Brown, who also is the founder of Venture Legal, first pitched his winning idea for Contract Canvas to the judges at WeWork’s 2017 Creator Awards in Austin, he didn’t yet have a business or a bank account in place, he said.

“The $18,000 grant last summer gave us just enough funding to get the back end system of our platform built out by freelance developers here in Kansas City,” he said. The company is planning to launch its beta program soon.

Its value hinges on the reality that technology is uprooting the legal industry, Brown said.

“Good lawyers are learning how to use technology to help their clients and that’s what we hope to do with Contract Canvas,” he said. “I’m a solo lawyer that represents freelancers and entrepreneurs every day and our developers have first-hand experience dealing with contracts through their freelance projects. We set out to solve these problems by creating Contract Canvas, where it’s easy for freelancers to create, negotiate, sign, and manage their client agreements.”

Contract Canvas

Contract Canvas

Here’s how it works: The freelancer answers basic questions about their project, and Contract Canvas uses that information to create a legally binding client agreement. Since legal terms are often hard to read, they also create a “Human Summary” that explains the deal using plain English and graphical icons to represent the key points. The freelancer and their client can review the contract online, negotiate it in the platform, and e-sign it right in their browser. From there, Contract Canvas can implement smart contract technology to put the contract to use by automating invoice creation, sending email reminders to the parties, and even managing intellectual property assignments in the blockchain.

Brown credited the encouragement and input of fellow WeWork entrepreneurs at Corrigan Station for helping Contract Canvas accelerate the development of its platform.

“The people at WeWork (both coworking members and people that work for WeWork) give us constant feedback about our ideas, processes, and overall platform,” he said. “That feedback has proven invaluable to us. It helps us decide where to focus our resources.”

While the 2017 Incubate award provided validation for the idea, earning accolades on the next tier of the WeWork Creator Awards would be a significant boost for the startup, Brown said.

“The judges (who are all seasoned entrepreneurs) see the value Contract Canvas provides to the growing freelance workforce and that absolutely gives us encouragement,” he said, referencing the New York City pitch. “Even if we don’t come home with funding next month, their recognition of our platform is something I appreciate greatly.”

Since March 2017, WeWork has played host to more than 27,000 attendees and given away millions of dollars across 11 Creator Awards Regional Semi-Final events around the globe, plus one Global Finals event in New York City in January.

Kansas City social entrepreneur Wesley Hamilton was surprised with an $18,000 prize for his Disabled But Not Really Foundation at the Global Finals celebration.

WeWork plays host to more than 268,000 members and employs over 6,000 employees across its global network of coworking spaces and communities, according to the company.

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

    Ben Rao, Bridge Space, Lee's Summit

    Serial entrepreneur leverages past success for Bridge Space coworking project

    By Tommy Felts | December 12, 2017

    Bridge Space will be more than a coworking office, Ben Rao said. He hopes it will be the heart of Lee’s Summit’s blossoming entrepreneurial ecosystem. “My No. 1 goal is to accelerate entrepreneurs’ success,” said Rao, Bridge Space founder and a serial entrepreneur himself. “It’s an opportunity for me to build something that would make…

    Keliah Smith

    KC mom’s humble entrepreneurial journey draws on healing power of creativity

    By Tommy Felts | December 11, 2017

    Huddled in her parents’ basement, between the cribs of her crying twin babies, Keliah Smith began to draw. She was unemployed and feeling emotionally drained. The relationship with her children’s father had soured. Her escape: the stylus and smartphone in her hands. The Kansas City mother drew what she didn’t see in the mirror, she…

    Harvard University recognizes KCMO digital inclusion map

    By Tommy Felts | December 11, 2017

    Kansas City’s geographic work to illustrate the area’s digital divide earned high praise from a prestigious university. Harvard University recently highlighted the City of Kansas City, Missouri’s Digital Inclusion map, a tool that — at a block-by-block scale — detail residents’ access to internet connectivity overlaid with poverty levels. “This visualization was chosen as Harvard’s…

    Darcy Howe, American angel

    Study: Women angel investors more likely to give back to female-led startups

    By Tommy Felts | December 8, 2017

    Women support women, a new study of 13,000 North American angel investors says. As more female entrepreneurs have entered the business field in the past few decades, women have begun to reshape the nature of angel investing, according to a report by the Overland Park-based Angel Capital Association. “Being an entrepreneur is one of the…