Missouri Technology Corporation
Overview
The Missouri Technology Corporation (MTC) is a public-private partnership established by the Missouri General Assembly to foster entrepreneurship and support the growth of new and emerging high-tech companies within the state. MTC focuses on 21st-century bioscience industries that build upon Missouri's rich agricultural history. Governed by a 15-member board of directors appointed by Missouri's Governor, Speaker of the House, and President Pro Tem of the Senate, MTC's mission is to provide leadership and make strategic investments that help entrepreneurs create and grow technology-based businesses in Missouri. MTC operates the Innovation, Development, and Entrepreneurial Advancement (IDEA) Fund, which promotes the formation and growth of businesses engaged in the transfer of science and technology into job creation. The fund provides venture capital-based financing to eligible businesses through three programs corresponding to various stages of growth: pre-seed capital stage financing, seed capital stage financing, and venture capital stage financing. Funding decisions are made quarterly through a multi-tiered, competitive application process. Over the past decade, MTC has invested over $45 million into nearly 140 early-stage Missouri-based high-growth technology-focused companies, which have collectively raised over $1.1 billion in additional private capital. In addition to its investment activities, MTC collaborates with over 60 non-profit organizations across Missouri, investing more than $29 million in entrepreneurial-focused infrastructure projects that have served thousands of small businesses statewide. This comprehensive approach underscores MTC's commitment to driving economic development and fostering a thriving ecosystem for technology-based businesses in Missouri.
Investment Focus
- Missouri-based technology startups with high growth potential
- Matching private funds required for co-investment programs
- Alignment with MTC's focus on bioscience industries building on Missouri's agricultural history
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Missouri Technology Corporation
What sectors does Missouri Technology Corporation invest in?
Missouri Technology Corporation invests in Technology, Healthcare, Agriculture, Life Sciences, Information Technology and Biotechnology, and is based in Jefferson City, Missouri, United States. Missouri Technology Corporation is listed as a venture capital in the ConnectSafely investor database.
What stage does Missouri Technology Corporation invest at?
Missouri Technology Corporation backs companies at Pre-Seed, Seed, Early Stage, Series A, Series B and Growth, writing cheques of 100K - 5M.
Which regions does Missouri Technology Corporation invest in?
Missouri Technology Corporation invests across United States.
Who are the partners at Missouri Technology Corporation?
Team members listed for Missouri Technology Corporation include Jack Scatizzi (Executive Director) and Julia Campbell (Interim Executive Director).
What companies has Missouri Technology Corporation invested in?
Missouri Technology Corporation's portfolio includes PayIt, JBARA Software, NuPeak Therapeutics, Inc., Bryght Labs, Inc., Edison Agrosciences, Inc., Solis Agrosciences, Inc., StoryUp, Inc. dba Healium and Readout, Inc..
How do I contact Missouri Technology Corporation?
Missouri Technology Corporation's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
