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
‘HERstory’ roundtable distills women entrepreneur’s restless spirits into June 4 celebration
When women are at the helm, there’s herstory to be made. A new Kansas City-based conference hopes to showcase it. “The Sewing Labs proudly presents, Make’n HERstory, a celebration of women who use their creative muse to make a living and a life,” the nonprofit organization said, teasing its Saturday, June 4 conference experience. The…
Ford investing $95M, adding 1,100 new union jobs at KC plant to boost electric vehicle production
One of Kansas City’s biggest employers is driving further into its commitment to local jobs and strengthening its electric vehicle portfolio, adding a third shift at Ford’s Kansas City Assembly Plant and bringing new focus to its evolving strategy. Ford announced Thursday it is investing $95 million and adding 1,100 new union jobs in Kansas…
She was prepared for a ‘no’ but Niki Baker’s blind outreach scored her exclusive licensing with her alma mater
Faithful to her colors, Niki Baker’s fondness for Kansas State University is unwavering long after she left its campus behind to pursue an art career and a family, she said. Pouring her maker’s mission out on canvas and painting possibility, Baker is now one of the rare few to hold a piece of her alma…
Two Black, women-owned bookstores open conversation on police abolition; Why this UMKC alumna says it could reduce gun violence in KC
Two of Kansas City’s newest Black-, woman-owned bookshops are teaming up to host Derecka Purnell — human rights lawyer, author and University of Missouri-Kansas City alumna — for a community discussion on police abolition and eliminating harm. Aya Coffee + Books and BLK + BRWN are presenting “Community Book Chat with Derecka Purnell” 6:30 p.m.…