Tag: Mike Parson

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How early-stage Missouri tech startups could score co-investment funds up to $500K

By Tommy Felts / February 27, 2021

One of Kansas City startups’ biggest boosters is still in business, despite its imperiled state funding amid ongoing COVID-era budget decision-making. The Missouri Technology Corporation announced this week it’s accepting applications for two IDEA Fund co-investment programs — TechLaunch and Seed Capital — that have historic impacts on local founders. “MTC’s co-investment programs were developed…

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Missouri Gov. Mike Parson, 2021 State of the State Address, photo courtesy of the State of Missouri

Missouri could put $1M back into startup support after COVID killed most-recent funding

By Tommy Felts / January 29, 2021

A budget plan released this week by Gov. Mike Parson includes a $1 million allocation for the Missouri Technology Corporation — a popular public-private initiative boosting startups that saw its investment efforts defunded last year because of COVID-19-related shortfalls. “It is important that we continue to follow through on key investments in workforce development and infrastructure,”…

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Mike Parson, Missouri governor; Discovery Design Truck & Manufacturing, St. Peters; Photo courtesy of the Missouri Governor's Office

Missouri startup support funding gutted amid COVID; Advocates hope reversing course could fuel recovery

By Tommy Felts / July 21, 2020

It’s official: the 2021 budget for a popular public-private partnership that once infused millions into the Missouri tech and startup communities has been wholly defunded by the state as Gov. Mike Parson grapples with COVID-19’s continued economic fallout. But supporters of the Missouri Technology Corporation (MTC) hope Parson’s move — withholding all of the program’s…

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Mike Parson, Missouri governor

Already slashed to $1M, MTC funding for startups, innovation centers could hinge on COVID-19

By Tommy Felts / May 18, 2020

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 years-long effort to scale back Missouri’s funding for startup investment — coupled…

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Mike Parson, Missouri governor

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

By Tommy Felts / April 16, 2020

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…

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