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
Why an Evangelical church in KCK opened a thrift store to build leaders in its immigrant-rich neighborhood
The heart and purpose of Mission Adelante is to develop and empower community members — especially its neighbors who come from backgrounds far from Kansas City, said Jared Meek. “We started Mission Adelante in 2005 to really reach out to the immigrant and refugee community in our neighborhood. We focused a lot on individual transformation,…
Halo championship arrives downtown as KC-built esports team ‘pioneers a dynasty’
KC Pioneers gain support of Chiefs, Charlie Hustle and other hometown household names for its #MyCity campaign as Kansas City hosts major esports tournament It’s time to showcase Kansas City’s esports and tech community on a global scale, said Mark Josey — and what better way to do so than with a worldwide tournament hosted…
Meet the KC Chamber’s Top 10 for 2022: One will be the next ‘Small Business of the Year’
From a rapidly expanding restaurant chain to a 24/7 daycare facility to a workforce training and information technology leader building a statewide footprint, the finalists for the 2022 Small Business of the Year award run the gamut of forward-thinking Kansas City ventures, said Joe Reardon. “Every year I become more and more impressed with our…
Three-way tie: Public vote mixes ‘Fan Favorite’ small business honors between meals and more
A trio of Kansas City small businesses is sharing the Honeywell Fan Favorite Award this week after wowing the public during the Chamber’s recent candidate showcase at Union Station. “The rules can be bent,” said Eric Wollerman, president of Honeywell Federal Manufacturing and Technologies, announcing the three-way tie in the lead-up to the Greater Kansas…