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

    David Hulsen and Stuart Ludlow, RFP360

    Tech company at the vanguard of KC startup boom exits to West Coast competitor

    By Tommy Felts | August 3, 2021

    One of Kansas City’s earliest startups to watch of the past decade has been acquired by an Oregon-based competitor.  RFPIO announced the purchase of RFP360, a Leawood-based software-as-a-service startup, Tuesday morning. A dollar amount for the deal was not disclosed.  “Through this acquisition, I’m extremely excited about the future as we work together to drive…

    Adam Miller, Let's Talk Black Business

    Let’s Talk Black Business: You don’t need to be ‘the next Lebron’ — just succeed where others fell short   

    By Tommy Felts | August 3, 2021

    Editor’s note: The following story — spotlighting an Aug. 25 virtual event about challenges facing Black business owners — is sponsored by Let’s Talk Black Business and SCORE Community Strategic Alliance. Black entrepreneurship isn’t a one-size-fits-all experience, said Dom Green.  “It is not cookie cutter, and it is so important to showcase the differences of the…

    Patrick Klima, WyCo Vintage

    WyCo Vintage — boasting world’s largest collection of vintage tees — opens second sister-shop on Broadway

    By Tommy Felts | July 31, 2021

    Patrick Klima likely does more laundry than anyone else in Kansas City, he said, half-joking.  “The WyCo Vintage inventory is constantly being updated. We’ve been doing weekly drops of about 75 or so vintage shirts for the past four years — which means a lot of washing, shooting, SEO stuff and social media,” explained Klima,…

    Conner Hazelrigg, 1773 Innovation Co., the Sunshine Box

    ‘Sunshine Box’ inventor earns $25K prize in pitch competition for women-led social ventures

    By Tommy Felts | July 30, 2021

    The woman behind a solar-paneled electric charging station built to overcome challenges found in developing nations earned the spotlight herself as Thursday’s big winner in the inaugural HI-HERImpact Kansas City pitch competition. Conner Hazelrigg, founder of 1773 Innovation Co. — the maker of the Sunshine Box — was awarded the contest’s $25,000 prize in the…