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
These iconic hearts are blank now, but a parade of artists is set to bring the KC landmarks back in 2023
Molly Burd acknowledges she applied for the KC Parade of Hearts on a whim. A week before the deadline, the Kansas City artist and Hewn sewing shop production manager saw applications were being accepted for artists to design the big hearts art pieces for 2023. “Once I got an email saying that there were over…
Why a KC athletic apparel founder is rebranding his business after amassing 125K+ social following
Building a clothing brand over the past decade has been like watching an art piece come to life, said Ryan Tanner Mueller, the man behind one of Kansas City’s most quietly successful apparel ventures. “I’ve always been influenced by a brutalist, minimalist-blend of streetwear and sportswear. Around the time we launched, the fashion trends were…
Her book helps kids understand football; how this 9-year-old scored her first literary field goal
Editor’s note: The following story was originally published by KCUR, Kansas City’s NPR member station, and a fellow member of the KC Media Collective. Click here to read the original story or here to sign up for KCUR’s email newsletter. For more stories like this one, subscribe to Up To Date on Spotify. Burkley Hoover has published her first book at the…
11 airport questions land answers: What to expect from the new KCI terminal
Editor’s note: This story was originally published by The Kansas City Beacon, a member of the KC Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and Missouri Business Alert. Click here to read the original story. KC’s new terminal promises a completely different user experience Construction of a gleaming new…