ICYMI: MTC says it’s moving forward with select entrepreneur programs despite steep state funding cuts
October 14, 2025 | Jake Ciancio
Editor’s note: This story was originally published by Missouri Business Alert, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and The Kansas City Beacon.
Click here to read the original story.
The Missouri Technology Corp. has released its annual implementation plan, announcing which programs will continue and which programs will be suspended for the 2026 fiscal year because of a lack of state funding.
The public-private partnership supporting the growth of technology startups in Missouri suspended two programs: the Physical Infrastructure Program, which provides entrepreneurs with physical resources and infrastructure, and the Regional Node Program, which offers funds to invest in regional entrepreneurial support centers. Since the 2023 fiscal year, those two programs have awarded nearly $6.5 million to support Missouri entrepreneurs.
Jack Scatizzi, executive director of the Missouri Technology Corporation, speaks with fellow InvestMidwest attendees in mid-April in Kansas City; photo by Tommy Felts, Startland News
MTC also is suspending the Research Alliance of Missouri Committee and one of four programs under the Innovation, Development, and Entrepreneurial Advancement Fund, a state-sponsored venture capital program.
“We looked at which programs were core to MTC’s mission,” said Jack Scatizzi, outgoing president and CEO of MTC. “If our mission is to catalyze innovation and support high-growth potential, that’s the best vehicle for us to achieve our mission.”
MTC also will continue its Investor Education Program, a grant program designed to increase the number of early-stage investors in Missouri, and the State Small Business Credit Initiative Program, a federal program that gives money to states to help small businesses get access to capital.
Scatizzi, who announced in August that he will be stepping down at the end of January 2026, said he feels that MTC is in a strong position going forward, even without state funding for this fiscal year.
“We’ve had an impact over the past three years,” Scatizzi said. “We’ve been able to put increased state dollars to work, and it’s delivering an impact.”
To fund its continuing programs, MTC will use its unobligated state funds, reserve funds and federal funds through the State Small Business Credit Initiative Capital Program.
The suspended Physical Infrastructure Program could return in 2027 if state funding returns, Scatizzi said, and MTC plans to evaluate the Regional Nodes Program before deciding on its future.
Featured Business
2025 Startups to Watch
stats here
Related Posts on Startland News
PHKC planning to open its retail incubator in mid-May; here’s a first look inside the east side space
A new space for entrepreneurs to test-run their retail businesses is envisioned as a 12- to 16-month stepping stone to their own permanent storefronts or locations, said Dan Smith, and the resource could be open as soon as this spring. “We’re preparing entrepreneurs to open their own brick and mortars on the east side,” said…
Chingu founders, Mean Mule partner for KC’s first soju — a Korean nod to vodka, distilled with culture
Serial foodpreneurs Keeyoung Kim and David Son are launching the Midwest’s first locally distilled premium soju — a pays homage to the traditions of soju, but embraces a new era of cocktail culture. Through a partnership with Mean Mule Distilling Co., the first release of Chingu Soju will be just 15-20 cases of the product. …
WeCode KC, high school partner to launch cybersecurity program for students
A new program from an expanding Kansas City nonprofit plans to expose high school students to job readiness and life skills that prepare them for careers in cybersecurity, right out of high school. WeCode KC, which promotes tech education and creating sustainable career pathways, recently announced a partnership with KIPP Legacy High School to introduce…
WeWork closing Corrigan Station, once a core hub for Kansas City’s startup community
Coworking giant WeWork on Thursday confirmed the planned closure of its Corrigan Station location in Kansas City — a space once closely intertwined with the local startup scene and its flourishing culture of innovation. “As part of WeWork’s strategic restructuring efforts, we have made the difficult decision to end our operations at Corrigan Station,” a…