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

    Gary Fish, Fishtech Group

    Fishtech securing market position in the face of emerging threats, founder’s own win record

    By Tommy Felts | February 28, 2019

    On track to reach $100 million in annual revenue by 2020, it’s full steam ahead for the cyber security freight train Fishtech Group, said serial entrepreneur Gary Fish. “It took me about 14 years to get [to $100 million] in my first company,” explained Fish, founder and CEO of the three-year-old, Martin City-based, data-driven security…

    University of Saint Mary

    University of Saint Mary launching entrepreneur boot camp to supplement OP campus’ healthcare focus

    By Tommy Felts | February 28, 2019

    A new, four-week crash course in entrepreneurism is coming to the University of Saint Mary’s Overland Park campus, with officials hoping the pilot helps healthcare-focused students better connect with needed business skills. “We have a lot of wisdom to share,” said John Shultz, vice president for admissions and marketing at the university, noting a treasure…

    Wendy Guillies, Ewing Marion Kauffman Foundation

    Kauffman address leaves DC; Execs say the people (not politicians) will revive entrepreneurship

    By Tommy Felts | February 27, 2019

    Everyone should have the opportunity to take a risk, achieve success, and give back to their communities through entrepreneurship, Wendy Guillies said. But it’s a collaborative process that begins at home, she noted. “The reality is we all have a part to play in creating a more prosperous national economy and that starts with growing…

    Greg Kratofil, Polsinelli; Davyeon Ross, ShotTracker; Matt Watson, Stackify; No Coast finalists

    No Coast finalists: Trio of startup heavyweights among KC Tech Council award contenders

    By Tommy Felts | February 27, 2019

    Updated: Click here for No Coast winners. KC Tech Council released finalists Wednesday for its No Coast awards — a March 8 celebration of trailblazing innovators across the tech industry in Kansas City — which features a handful of startup founders and companies. “These are the folks who went above and beyond in tech,” KC Tech…