Digital Sandbox KC Celebrates Its Impact with 2016 Annual Report
If you measure a proof-of-concept program by its successes—the number of companies and jobs created, sales those companies accrue, number of projects that have gone on to secure additional funding beyond the program’s initial investment—then Digital Sandbox KC is building castles toward the sky.
With total project funding $1.2 million provided to 65 early-stage startups in the Kansas City metro region, the Sandbox has helped launch 34 new companies, 55 new products, 38 patent applications and 6 awarded patents (data collected as of February 2016.)
Of the 65 projects funded, 49—that’s 75 percent—have secured more than $28 million in follow-on funding, a testament to the strength of Kansas City’s entrepreneurial spirit and the magnetic appeal of our entrepreneurs’ ideas.
There's even more good news to come, but if you're already jazzed and you have a business or an idea that you want to get into the Sandbox—apply right now. Many concepts that eventually received funding didn't get it the first time around, so don't hesitate to get your idea out there to start receiving feedback and guidance.
In its 2016 annual report, Digital Sandbox KC shares its story, its successes and its impact. View the full report here
to see who's playing in the Sandbox and how those entrepreneurs are moving ideas, creating jobs and strengthening Kansas City's economy.