Digital Sandbox KC secures $450K to support startups’ prototyping, proof-of-concept needs

February 8, 2024  |  Tommy Felts

Jill Meyer, UMKC Innovation Center

As Digital Sandbox KC marks its 10th year in 2024, the popular funding program — and a key marker of emerging success for young tech startups in Kansas City — has earned a new round of financial backing from the State of Missouri.

Spread over three years, a $450,000 MOBEC (Missouri Building Entrepreneurial Capacity) project grant is expected to support prototyping and proof-of-concept needs of early-stage tech founders, said Jill Meyer, senior director of Technology Venture Studio, which houses Digital Sandbox KC within the UMKC Innovation Center.

This award mirrors the sustained success of Digital Sandbox KC in offering essential proof-of-concept funding, aiding technology founders in developing viable innovations poised for subsequent financial support,” said Meyer.

MOBEC grant funding via the Missouri Technology Corporation is expected to be used to support the UMKC Digital Sandbox model, which helps technology founders in creating early-stage prototypes, according to MTC.

This support is crucial in overcoming the challenge of proving the concept in its early stages, leading to further investment in the company and advancement of its core idea, regardless of whether it is selected for proof-of-concept support, MTC said.

Digital Sandbox KC funding recipients; photo courtesy of Technology Venture Studio, UMKC Innovation Center

Digital Sandbox KC offers selected companies up to $20,000 each and critical resource and mentorship support. Startups are chosen quarterly with the most recently picked companies announced in January.

ICYMI: Meet nine innovative startups earning critical early funding from Digital Sandbox KC

We are excited to have secured this funding as a vital component of our ongoing fundraising initiatives,” said Meyer. “Digital Sandbox KC is fueled by a diverse group of supporters, enabling us to persist in expediting innovations toward market. Missouri Technology Corporation has been a strategic and critical partner of this program since its original launch.

RELATED: Leveraging KC’s resources: How the right people at the right time can unlock a startup’s potential

Jill Meyer, UMKC’s Innovation Center’s Technology Venture Studio, speaks to a crowd gathered for a “Resources for Your Startup” panel during Startland News’ Kansas City Startups to Watch in 2024 seminar and reception event; photo by Taylor Wilmore, Startland News

The $450,000 grant award for Digital Sandbox KC is part of more than $3 million in MOBEC funding announced this week by MTC, including funds slated for Digital Health KC, an initiative launched by Bionexus KC, and LaunchKC, a program operated by the Economic Development Council of Kansas City, Missouri, (EDCKC) and the Downtown Council.

RELATED: Digital Health KC awarded $311K grant with goal to add 70+ jobs, $6M+ in wages across region

RELATED: Nearly $500K in renewed MTC funding for LaunchKC expected to empower early-stage tech startups for years

Five other Missouri organizations — 39 North AgTech Innovation District (St. Louis); Missouri Innovation Center (Columbia); Codefi Foundation on Rural Innovation (Cape Girardeau); Cortex (St. Louis);  Missouri State University’s efactory (Springfield) — also received grants through this week’s funding tranche. 

MTC additionally this week announced equity investments in seven Missouri startups through its IDEA Fund, including funds for a trio of Kansas City companies: backstitch, Foresight, and Likarda.

RELATED: MTC grant puts ‘cherry on top’ for KC startup closing its seed round; two more local companies earn MO funding

startland-tip-jar

TIP JAR

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

Tagged , , , ,
Featured Business
    Featured Founder

      2024 Startups to Watch

        stats here

        Related Posts on Startland News

        Ruby Jean's Juicery, Chris Goode

        2018 Startups to Watch: Ruby Jean’s gets juiced with the power of Goode vibes

        By Tommy Felts | January 16, 2018

        Editor’s note: Startland News selected the top Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2018’s companies. To view the full, ranked list of Startups to Watch, click here. This juice bar is about more than your next squeeze. Ruby Jean’s Juicery embraces good health and…

        Bardavon

        2018 Startups to Watch: Bardavon takes action in dysfunctional health care system

        By Tommy Felts | January 16, 2018

        Editor’s note: Startland News selected the top Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2018’s companies. To view the full, ranked list of Startups to Watch, click here. Matt Condon is no Shakespeare, he said. But one quote from William Shakespeare’s Henry VIII has always…

        Ryan Henrich Matt Baysinger, Swell Spark

        2018 Startups to Watch: Swell Spark breaks out with experience-based entertainment

        By Tommy Felts | January 16, 2018

        Editor’s note: Startland News selected the top Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2018’s companies. To view the full, ranked list of Startups to Watch, click here. It’s time to put down the phone and pick up an axe, said Swell Spark co-founder Ryan…

        David Hulsen and Stuart Ludlow, co-founders of RFP365, Client Discovery

        2018 Startups to Watch: RFP365 grows its Fortune 500 client base from KC roots

        By Tommy Felts | January 16, 2018

        Editor’s note: Startland News selected the top Kansas City firms to spotlight for its annual Startups to Watch list. The following is one of 2018’s companies. To view the full, ranked list of Startups to Watch, click here. Ranking just behind root canals and color-coding a walk-in closet, the painstaking process of managing requests for…