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
Alexa, show me the winners: Storytailor leads Pure Pitch Rally prize tally ahead of tech launch
Storytailor’s marquee Pure Pitch Rally win comes at the perfect time for the Kansas City startup, its founders said. They’re preparing to roll out a new immersive storytelling platform through a partnership with Amazon’s Alexa+ next year — a move expected to bring their tech to more than 200 million Prime users. “It’s the most…
LISTEN: How the Midwest opened this German agtech company’s eyes to opportunity in the US
On this episode of our 12-part Plug and Play Topeka podcast series, we connect with Débora Moretti, co-CEO of NutriSen — a Berlin-based agtech startup building real-time molecular sensors to measure nutrient concentrations in plants directly on the field. Moretti shares how her team, alongside co-founder Tobias Vöpel, is merging biosensor technology, data-driven insights and…
Crossing lanes: KC Streetcar collaborators back aboard for expansion, dropping new merch, anthem
Opening the extended KC Streetcar line Friday completes a loop for creatives whose collaborations with the popular public transit system first emerged nearly a decade ago along Main Street — a time when Kansas City’s surging vibrancy helped curb streetcar doubters. “For us, it’s always been about representing Kansas City — the people, the culture,…
André’s planted its flag in KC 70 years ago; chocolatier says that’s just a taste of what’s to come
Nearly 5,000 miles from Switzerland, a small group toured the inner sanctum of an iconic 70-year-old Kansas City company — a family-run brand that helped redefine accessible luxury in the Midwest, one Swiss chocolate-covered almond at a time. “What people get excited about André’s is the legacy, that we take a lot of pride in…