Alchemy Sandbox awards 5 more grants: Lean into failure to make your business ‘worthy to win’

June 4, 2022  |  Austin Barnes

The Next Paige Agency

Success isn’t always immediate, Elaina Paige Thomas said, grateful for lessons learned through trial and error, as well as a firm belief that persistence pays off. 

“What I originally thought my business needed was not seen as a necessity to my panel of judges,” said Thomas, founder of The Next Paige Agency, recalling an experience earlier this year with Alchemy Sandbox — a grant program of The Porter House KC that provides critical funding, mentoring, and connections to founders in partnership with UMB Bank

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

In May, Thomas took to the sandbox a second time, eager to pitch her talent management and production company to its judges with new flair. 

“As a business owner, it’s trial and error. I take pride in remaining a student, learning and soaking up knowledge,” Thomas said. “I made some adjustments to my pitch, did more research on the topic and came back more prepared this round.”

The showing ultimately landed The Next Paige Agency a $5,000 grant. 

“This win will help us continue our ultimate goal of giving back to the creative community here in Kansas City,” she explained, adding the funds will also fuel marketing efforts designed to reach more local creatives who might benefit from services offered by The Next Paige Agency. 

Click here to learn more about Thomas and her work to develop a network of equipped and thriving creatives in Kansas City. 

Additional winners from the program’s Quarter 2 cohort include On the Rocks Gourmet Jams, Regal Health and Wellness, The Black Pantry, and Royale Cohesive Network. 

Click here to learn more about Alchemy Sandbox and its quarter one winners. 

“While the more visible, key goal of the Alchemy Sandbox program — for which we are eternally grateful to UMB Bank for their partnership —  is to find a way to put dollars in the hands of our small business owners, the other, less visible but just as crucial key goal is to find a way to elevate our small business owners by giving them the tools, experience, and confidence that comes from knowing the entrepreneurial landscape and how to effectively pitch [their] business,” said Miranda Schultz, program manager at The Porter House KC. 

“With four out of the five small business winners of Quarter 2 having never participated in a pitch competition before the Alchemy Sandbox, these small business owners are not only leaning in to the uncomfortability of challenging themselves and their businesses with a new experience, but leaning in to the potential failure that might come with that new experience,” she continued, adding past applicants are encouraged to reapply for participation in the program’s Quarter 3 contest. 

Interested in pitching your business to Alchemy Sandbox? Click here to apply. 

Elaina Paige Thomas, The Next Paige Agency, accepting the 2022 Small Business Equity Award from the Greater Kansas City Chamber of Commerce

Elaina Paige Thomas, The Next Paige Agency, accepting the 2022 Small Business Equity Award from the Greater Kansas City Chamber of Commerce

Participation in the program doesn’t only pay off financially, Thomas said, it provides business owners with an invaluable opportunity to hone skills that could transform their entrepreneurial journey entirely. 

As entrepreneurs we are passionate about our businesses and we have to deliver our passion with facts of what makes your business worthy to win,” she said. 

“I learned to present yourself the way you want to be seen. You are the most important part of the presentation. Your delivery, numbers, story, and understanding your audience are all key.”

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

    Funding roundtable: ‘You can’t fake it’ and more funding advice from KC founders

    By Tommy Felts | December 15, 2015

    Your company is steadily growing, but it looks like you’re nearing a plateau. Perhaps your startup is doing just fine, but a well-heeled competitor just entered your market and slapped a target on your customers. Or maybe you’ve got a solid idea but little dough to get it off the ground. Regardless of the case,…

    Techstars firms to spread local roots via Brad Feld’s Kansas City home

    By Tommy Felts | December 14, 2015

    More graduates of the Techstars-led Sprint Mobile Accelerator may be calling Kansas City home thanks to venture capitalist Brad Feld. Feld, co-founder of the international accelerator program Techstars, is making his Kansas City, Kan. home available to graduates of the local Techstars program rent free. “I’m very happy with how things have gone to date,”…

    Kansas City dishes on diversity in the entrepreneurial community

    By Tommy Felts | December 11, 2015

    It’s often said that two heads are better than one. But what if those two “heads” have the same socioeconomic, gender and racial compositions? What if their life experiences mirror one another so closely that they arrive at the same conclusions or generate the same general ideas? It’s no secret that diversity can foster the…

    Funding roundtable (part II): Entrepreneurs compare KC investment scene to other cities

    By Tommy Felts | December 10, 2015

    Welcome back to part two of our roundtable discussion on the early-stage investment sector in Kansas City. For a more formal introduction on this series and its five participants, please refer to part one on Kansas City’s investment culture and evolving economy. Check out the third and final installment of the series with the entrepreneurs’ advice for…