MTC forced to surrender entire $2.9M budget — including funds already awarded to startups — to help MO pay for COVID-19 shortfall

Mike Parson, Missouri governor

Editor’s note: The following is part of Startland News’ ongoing coverage of the impact of Coronavirus (COVID-19) on Kansas City’s entrepreneur community, as well as how innovation is helping to drive a new normal in the ecosystem. Click here to follow related stories as they develop. A critical funding tool for Missouri startups could become the latest casualty…

Read More

Greitens eyes private investment dollars to fill MTC budget gap

A new, privately-managed innovation fund could replace a popular startup investment program that was dramatically slashed for 2018 amid Missouri’s budget crunch. The potential strategy change comes as a suggestion from the Hawthorn Foundation’s report to Missouri Gov. Eric Greitens, following the months-long work of an innovation task force charged with assessing the current state…

Read More

Greitens’ budget cuts ding Missouri, KC entrepreneurship efforts

A series of state budget cuts by Missouri Gov. Eric Greitens will directly impact Kansas City entrepreneurship. The sweeping $146.4 million rollback of the Show Me State’s budget will cut funds from both the University of Missouri-Kansas City’s Free Enterprise Center and Missouri Technology Corporation. Greitens’ plan will cut about $3.3 million from the enterprise…

Read More