MTC gifts $2.6M to 10 Missouri tech firms, including one from KC
December 9, 2016 | Bobby Burch
The Missouri Technology Corporation is making the holidays extra special for 10 Show Me State startups.
With an aim to grow the state’s tech and bioscience sectors, the MTC announced that it approved $2.6 million in co-investment awards to 10 firms, including $225,000 to Kansas City-based SquareOffs. Founded in 2012 by Jeff Rohr, SquareOffs created an interactive polling platform that increases engagement and communication for publishers, bloggers and brands.
“This early-stage support allows startups to gain some traction in their capital raising efforts,” MTC executive director Bill Anderson said in a release. “It’s another way for these young companies to demonstrate validation of their concept to potential investors and for the state to solidify its reputation as being a growing innovation hub.”
MTC also allocated funding awards to six startups from St. Louis and one each from Brentwood, Chesterfield and Wildwood.
The capital derives from the MTC’s IDEA Fund, a program that will match other capital investments in high-growth tech companies. Since 2011, the program has co-invested in 95 companies, which have in turn been able to raise over $350 million in additional capital to grow their businesses and create jobs.
Featured Business
2016 Startups to Watch
stats here
Related Posts on Startland News
Jazz musician opens sell-out BBQ spot; here’s how he’s spicing up KC’s chorus of flavors
Even with more than 90 barbecue restaurants across the metro, Gerald Dunn still figured there was room for his flavor profile on the Kansas City food scene. But before opening Dunn Deal BBQ in Grandview, he made a pilgrimage of sorts, stopping in to see legendary Ollie Gates. He reveres the local barbecue pioneer and…
For the loaf of the grain: Jonny Bakes bread, expands to keep community nourishment rising
Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. Brookside bread baker works to reestablish the local grain shed Jon Szajnuk’s sourdough…
Thai Orchid opening in Northland: How this family business is getting out of its comfort zone with street food focus
A second location for a longtime Johnson County restaurant is expected to honor the origin story of the family business — building on its menu with a new emphasis on casual Thai street food items and small plates. Thai Orchid — a Mission, Kansas, restaurant that has been in the Rojjanasrirat family for 26 years…
mySidewalk teases Sidekick — a data assistant at the forefront of AI’s difficult-to-simple transformation
A new purpose-built community data and visualization tool from mySidewalk is designed to revolutionize decision making and empower those willing to embrace change when supplied with accessible and reliable data. The Kansas City-based govtech company this month announced the beta launch of Sidekick, an AI-powered data assistant meant to drive meaningful progress through insights gleaned…