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

        April Seggebruch and Stan Zylowski, Movista

        Movista exit: Mid-America Angels portfolio firm scores $12M growth equity investment

        By Tommy Felts | September 26, 2018

        A $12 million Series A growth equity investment in Movista is a significant win for Mid-America Angels, as well as for the region, said Laura McCoolidge. The Arkansas-based startup — which uses a mobile-first, real-time platform to power labor and workforce management software for retailers, manufacturers, and service providers — is among the leading portfolio…

        Startup Crawl returning Oct 5 for First Friday with festival-style entertainment, innovation

        By Tommy Felts | September 25, 2018

        Editor’s note: Startup Crawl and Startland News are both programs of the Kansas City Startup Foundation, though the content below was produced independently by Startland. Startup Crawl has a carnival feel to it, said Lauren Conaway, noting the returning event is positioned to help startups collide with people who wouldn’t typically encounter the early-stage businesses.…

        Goodwill

        MECA students to Goodwill: Everyone has a mission now — what else are you selling?

        By Tommy Felts | September 25, 2018

        Editor’s note: MECA Challenge and Startland News are both programs of the Kansas City Startup Foundation, though the content below was produced independently by Startland. For more information on the relationship, click here. Goodwill must innovate and change with the times if it’s going to survive after 125 years in business, said Ed Lada. “The…

        Glen Dakan, Prestio, and Ryan Matt, Matt Ford

        Prestio drives users to auto dealerships without traditional car buying pain points

        By Tommy Felts | September 25, 2018

        Gone are the days of traditional car buying for Ben Anderson, the first customer of Kansas City-based startup Prestio. Anderson, an accounting professional at CBIZ, had grown deeply frustrated by auto dealerships, he said. In fall 2017, he turned to Prestio –– a first-of-its-kind software-as-a-service platform that allows customers to buy, trade, and finance vehicle purchases…