Stages:

• Early

 

Industries:

Information Technology

Life Sciences & Healthcare

 

Description:

The Missouri Technology Corporation is a public-private partnership created by the Missouri General Assembly to promote entrepreneurship and foster the growth of new and emerging high-tech companies. Aside from administrating two separate programs to fund research in universities and elsewhere in Missouri, the corporation funds several programs across the state to support the growth of innovative businesses in Missouri, and maintains relationships with ten different innovation center incubators. The corporation is governed by a board of directors appointed by Missouri's governor. MTC's Seed Capital Co-Investment program (SeedCap) is designed to accelerate private investment in Missouri-based start-up companies and to increase the overall investment impact of that third-party investment. Through this program, MTC will award seed capital funds that match other capital investments. MTC's Venture Capital Co-Investment program (VCCI) is designed to accelerate private venture capital investment in Missouri-based start-up companies and to increase the overall investment impact of that third-party investment. Through this program, MTC will award venture capital funds that match other capital investments. The Missouri TechLaunch program supports life science and technology startups through matching equity or convertible debt investments up to $100,000 for the purpose of technology and business development.