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

        Jay Allen, the Scarlet Knight

        Fund Me, KC: ‘Scarlet Knight’ returns to inner city streets with a moral dilemma about abuse of power

        By Tommy Felts | May 7, 2019

        Startland News is continuing its segment to highlight area entrepreneurs’ efforts to accelerate their businesses. This is an opportunity for entrepreneurs — like Juaquan Allen with his Scarlet Knight campaign — to share their crowdfunding stories to gain a little help from their supporters. Who are you? My name is Juaquan “Jay” Allen. I’m a…

        3-D printing Notre Dame spire design, Dimensional Innovations

        Design by fire: Could a Kansas City company 3-D print the Notre Dame spire?

        By Tommy Felts | May 7, 2019

        Beyond its status as the biggest in Kansas City, the impact of Dimensional Innovations’ new $2.2 million 3-D printer could reach globally — as the homegrown company considers ways it could help rebuild the historic spire atop the Notre Dame Cathedral, said Nate Borozinski. “This thing gives us an ability — and we think an…

        Fishtech Cyber Defense Center

        Look inside: Fishtech Group opens its $10M+ Cyber Defense Center in Martin City

        By Tommy Felts | May 6, 2019

        Fishtech Group is making a splash within the cyber security industry, showcasing its cloud-era capabilities in a new Cyber Defense Center that sits behind the gates of Fishtech’s sprawling Martin City campus, said Gary Fish. “I’ve been doing security since before it was cool,” said Fish, founder and CEO of Fishtech, as well as an…

        Chris Olsen, Drive Capital, KC Tech Council CEO Retreat

        Elite investors at exclusive CEO retreat: Don’t waste time; sell us on your billion-dollar idea

        By Tommy Felts | May 3, 2019

        Trying to land the backing of a venture capital firm? Throw your pitch deck out the window, Chris Olsen advised a select group of Kansas City CEOs. “A lot of times founders will come and give us their pitch and they’ll start going through it and [they’re telling us] they’re profitable in 18-months. And we’ll…