Just funded: First wave of Alchemy Sandbox grants aim for ‘snowball effect’ in KC

February 19, 2022  |  Tommy Felts

Marlena Blackman, Shots by Miko: Custom Cocktails & Shots; India Wells-Carter, Fresh Factory KC; Nicole Smith, His Temple Healthcare; Kalia McKinley, OCD Diva & Co.; Alonzo Wyatt, Monarch Cigars

A new grant program has selected its first five awardees — with 15 more to come in 2022 — aiming to create rolling momentum for Kansas City’s main street businesses, said Miranda Schultz.

Miranda Schultz, Daniel Smith, Charon Thompson, and Jahna Riley, The Porter House KC

Miranda Schultz, Daniel Smith, Charon Thompson, and Jahna Riley, The Porter House KC

The Alchemy Sandbox Program on Friday announced its first quarter grantees with entrepreneurs selected to receive as much as $5,000 for their back office, equipment cost, rental assistance or general system needs. The initiative is directly supported by a recent $350,000 donation from UMB Bank to boost programming at The Porter House KC, which runs Alchemy Sandbox.

“We hope the impact of this program looks, much like, a snowball effect,” said Schultz, program manager at The Porter House KC. “While $5,000 dollars might not seem a lot for some, this funding infusion will allow for these small businesses not only to scale deeper within their own business operations (i.e. additional staff hiring opportunities, new system integrations, and updated equipment (just to name a few), but also deeper into the communities that they serve.”

First quarter grantees include:

The selection process involved an online application, two-minute video, a “how to” pitch workshop, and a 7-minute pitch to a panel of judges, Alchemy Sandbox organizers detailed.

“We gave each small business owner the opportunity to experience, practice, and ultimately challenge themselves on what it takes to be a small business owner ‘pitching’ for funding — a valid skill for our small business owners to attain long past the Alchemy Sandbox Program,” Schultz said.

Click here to learn more about the Alchemy Sandbox launch.

“At the end of the day, we know that the impact COVID has had, specifically on the small business community, has felt like a never-ending conversation for the folks that we serve,” Schutlz continued. “In response to that present factor, we hope that this Alchemy Sandbox Program will allow these business owners to continue to build and sustain their businesses here within the local community.”

Five founders are expected to be selected for Alchemy Sandbox each quarter, with applications running until November 2022.

All are encouraged to apply, but PHKC Alchemy Sandbox is best positioned to help companies that have been in business at least 12 months, are located in KCMO, have defined business ideas and clear need for the funding support. 

Click here to apply to the PHKC Alchemy Sandbox.

Applicants do not need to have previously participated in The Porter House KC, but organizers have encouraged founders seeking out more opportunities and mentoring to look into the programs The Porter House KC offers. The Kansas City entrepreneur support organization not only offers an expanding alumni network, but serves as a stepping stone to additional programming and resources in the metro and region.

Among the Alchemy Sandbox’s first recipients, Wells-Carter and McKinley graduated from The Porter House KC’s small business development program, and Blackman participated in its mentoring program. 

“From a PHKC Alumni standpoint, we were so excited to see three out of five business owners who were selected for the funding infusion to be graduates of our programs,” Schultz said. “While our intention was always to provide direct funding infusion to the local community (period), we love seeing our Alumni choose to continue to rock with us and the programs that we’ve developed.”

This story is possible thanks to support from the Ewing Marion Kauffman Foundation, a private, nonpartisan foundation that works together with communities in education and entrepreneurship to create uncommon solutions and empower people to shape their futures and be successful.

For more information, visit www.kauffman.org and connect at www.twitter.com/kauffmanfdn and www.facebook.com/kauffmanfdn

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

2022 Startups to Watch

    stats here

    Related Posts on Startland News

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

    Artio closes $28M as it scales to save lives; latest funding brings Prairie Village startup’s investments to $74M 

    By Tommy Felts | June 16, 2022

    Another hefty funding round for Artio Medical is expected to launch the startup’s commercial sales team in the U.S. and continue development of its best-in-class product pipeline, said founder Nicholas Franano. Artio, a medical device company developing innovative products for the peripheral vascular, neurovascular, and cardiology markets, on Thursday announced the closing of $28 million…

    Dave Johnson and the Chicken N Pickle team at the 2022 KC Chamber Small Business Celebration

    Chamber awards ‘Small Business of the Year’ to trendsetter that caught ‘lightning in a bottle’

    By Tommy Felts | June 15, 2022

    In its third match as a Top 10 Small Business, Chicken N Pickle earned the Chamber’s coveted Mr. K Award — signifying the North Kansas City family entertainment experience as the Small Business of the Year. Dave Johnson, founder of Chicken N Pickle, accepted the honor Wednesday during the Greater Kansas City Chamber of Commerce’s…

    Matt Condon, Bardavon Health Innovations

    Bardavon acquires San Fran health app to complete hybrid treatment platform for workers

    By Tommy Felts | June 15, 2022

    Adding PeerWell — and the San Francisco startup’s leadership — to the portfolio of tools at Bardavon Health Innovations will help the Overland Park health powerhouse complete the industry’s first digital solution for worker musculoskeletal health, said Matt Condon. Together, Bardavon and PeerWell will pair in-person therapy, virtual coaching, and self-care for injury prevention and…

    Alley Gage, Alley Gage Beauty

    That purple smokey eye? It’s a mask of confidence, KC beauty entrepreneur says

    By Tommy Felts | June 15, 2022

    At first glance, beauty is a superficial industry, Alley Gage admitted, her reflection showing in a nearby mirror as she spoke about her decade-long career in cosmetics. The truth she’s learned about the industry — well, it’s a reality she isn’t willing to gloss over.  “I’ve always loved the concept that a tiny jar of something…