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
Entrepreneurs worry World Cup could leave small biz, communities on the losing team
FIFA’s summer games set to bring opportunity to Kansas City, but some fear a ripple effect that lasts far longer than the 2026 matches With each month that passes before Kansas City hosts games for the FIFA World Cup in June 2026, local small business owners are facing anxiety about the uncertain plays ahead —…
Real-life KC startup bros create virtual basement gaming vibes, turning once-isolated streaming into a familiar party
In today’s connected world, gaming with or against relative strangers — or “friends” a player only knows from a specific game or platform — is the norm. A Kansas City startup’s new streaming venture aims to recreate old school gaming-with-friends-in-the-basement vibe in the digital world. Available on Steam for free when its beta goes live…
KC’s college education gap is widening based on income; new effort targets barriers to dreams after high school
A just-announced initiative — backed by the Bloch Family Foundation — has a straightforward goal: put more college advisors in Kansas City Public Schools and develop a strategic plan to boost access to quality, affordable college education or career training after high school. The newly launched Kansas City College and Career Attainment Network (KCCAN) already…
Growth-fueled HR tech startup moving to Crossroads after announcing $9M defense contract
Jumping from a handful of employees to 15 over the past year has come with growing pains for Piccadilly Software Group, said co-founder Abe Dick, but the flip-side comes in the form of enhanced community presence, new office space, and greater opportunity for its signature product. The company this month announced its move to a…