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

    Manufacturing talent: Kansas production mainstay designs its niche, from warfighters to healthcare 

    By Tommy Felts | August 15, 2023

    Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro.  TOPEKA — The leader of a Kansas company specializing in custom equipment design and manufacturing hailed the work of its nearly 500 employees for allowing the organization to thrive during…

    VinCue leadership team: Michael Hopkins, chief marketing officer; Danny Zaslavsky, managing partner; Chris Hoke, CEO and co-founder; and Nic Hodges, COO

    Autotech startup VINCUE secures Series B with fleet of industry investors, innovators

    By Tommy Felts | August 15, 2023

    A downtown Kansas City-headquartered startup’s first major institutional investment is expected to enable the company to scale operations, advance its product roadmap, and meet increasing market demand, its co-founders said Tuesday.  VINCUE — an end-to-end inventory lifecycle solution for retail automotive dealerships and one of Startland News’ Kansas City Startups to Watch in 2022 —…

    Bottom line, their ‘Grief Forecast’ calculates how much ignoring employees’ loss will cost a company

    By Tommy Felts | August 14, 2023

    An Overland Park-based HRtech startup has added new tools to its B2B software platform that equips corporate leaders with the necessary knowledge to support grieving employees. This summer, Workplace Healing launched its Grief Forecast, a free resource that calculates how much a company will lose from its annual bottom line by not properly supporting employees…

    Sunflower fest opens at KC Wine Co as popular pumpkin patch grows into year-round destination

    By Tommy Felts | August 12, 2023

    Transforming from a Jurassic farm to a winter wonderland, the green thumbs at KC Pumpkin Patch have grown their niche as a year-round destination in rural southwest Johnson County. Next set to bloom: a sunflower-rich selfie oasis on the prairie (with wine). “We loved having folks come for the fall [pumpkin patch] season, but people…