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

    7 endearing facts about the founder of H&R Block

    By Tommy Felts | October 29, 2015

    Update: Henry Bloch passed away April 23, 2019. Click here to read business leaders’ salutes to the Kansas City icon.  Henry Bloch, the co-founder and former CEO of tax prep giant H&R Block, recently spoke with a small group of Kansas City entrepreneurs during Startup Grind. The 93-year-old Kansas City legend shared an array of…

    Events Preview: SEMPO Cities, IoT Launch

    By Tommy Felts | October 29, 2015

    There are a boatload of entrepreneurial events hosted in Kansas City on a weekly basis. Whether you’re an entrepreneur, investor, supporter or curious Kansas Citian, we’d recommend these upcoming events for you. WEEKLY EVENT PREVIEW   SEMPO Cities Kansas City When: October 29 @ 12:00 pm – 7:00 pm Where: Sprint Accelerator We’re excited to announce that…

    High-profile judges for Kauffman contest includes Marcelo Claure, VCs

    By Tommy Felts | October 29, 2015

    A star-studded lineup of businesspeople from around the nation will be judging 15 startups in the Kauffman Foundation’s One in a Million pitch contest. The competition, which will take place on Nov. 17 and 18 during Global Entrepreneurship Week, will award $10,000 to one startup that previously participated in the foundation’s 1 Million Cups program. Those evaluating…

    cash money

    5 takeaways from Midwest tech investment report

    By Tommy Felts | October 28, 2015

    Lead Bank and investment research firm CB Insights recently analyzed the Midwest tech investing scene and distilled their findings into a report. The nearly 40-page report looks at investment trends, performance, major players and more. Here are five takeaways from the report. 1) The Midwest accounted for a small piece of the national tech investment…