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
Café Corazón sold KC on her alfajores and empanadas; now meet the Argentine chef behind these legendary, handcrafted treats
In a space that serves as a crossroads of identities, trays of Silvia Miguel’s now-iconic savory and sweet dishes find a welcome home alongside bold pieces of art, sips of coffee and wares from a vibrant community of Latin and Indigenous entrepreneurs. Miel Castagna-Herrera, co-founder of Café Corazón, started carrying Miguel’s Pan Caliente products soon…
LISTEN: How this musician-turned-startup veteran is scaling with a Kansas assist
Startland News opens its new Plug and Play Topeka founder podcast series with a startup that’s making recovery easier — one pup at a time. Meet Medipups, a company combining canine compassion with real innovation in animal health, and its co-founder Sebastian Doyle. Recorded live at the Plug and Play Animal Health & AgTech Expo…
Kansas company beefs up natural qualities of meat, tallow with tech, not enhancements
Startland News’ Startup Road Trip series explores innovative and uncommon ideas finding success in rural America and Midwestern startup hubs outside the Kansas City metro. WAKEENEY, Kan. — Plainview Beef is more than just a name for the western Kansas direct-to-consumer company, CEO Gabe Orr shared. It’s a nod to a mission rooted as much in…
Radar’s new pitch: How this Kansas sports tech startup spins data into speedier fastballs
When speed is the name of the game, data can be nearly as important as talent, said Jarrod Nichols, emphasizing the role his startup’s radar technology can play in helping baseball and softball athletes measure fastball performance, improve their stats, and swing for the fences. “Pitch speed has been captured since the early ’70s,” said…