Tag: Missouri Technology Corporation (MTC)

MTC just awarded $2.6M in investments; three KC tech startups earn state backing

By Tommy Felts / August 6, 2024

As Advoteck works to bring its app to market later this year, an equity investment from the Missouri Technology Corporation is expected to help the Kansas City-based startup expand its reach nationwide in the fight against cyber crime. MTC on Tuesday announced $2.6 million in investments across seven Missouri companies — primarily focused on fostering…

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Jill Meyer, UMKC Innovation Center

Digital Sandbox KC secures $450K to support startups’ prototyping, proof-of-concept needs

By Tommy Felts / February 8, 2024

As Digital Sandbox KC marks its 10th year in 2024, the popular funding program — and a key marker of emerging success for young tech startups in Kansas City — has earned a new round of financial backing from the State of Missouri. Spread over three years, a $450,000 MOBEC (Missouri Building Entrepreneurial Capacity) project grant…

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Digital Health KC awarded $311K grant with goal to add 70+ jobs, $6M+ in wages across region

By Tommy Felts / February 7, 2024

Newly announced funding from the Missouri Technology Corporation is expected to boost a regional initiative that aims to open greater access to critical capital and partnerships for Kansas City area companies in a rapidly emerging industry. BioNexus KC — a catalyst for innovation in animal and human health — has received a $311,000 MOBEC (Missouri…

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MTC grant puts ‘cherry on top’ for KC startup closing its seed round; two more local companies earn MO funding

By Tommy Felts / February 7, 2024

A trio of Kansas City tech startups are among seven Missouri companies splitting $2.2 million in equity-based investments from the State of Missouri — a funding milestone that not only reflects momentum, but amplifies it, one grant-winning founder said. The Missouri Technology Corporation on Tuesday announced the awards from its IDEA Fund, with investments slated for…

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Nearly $500K in renewed MTC funding for LaunchKC expected to empower early-stage tech startups for years 

By Tommy Felts / February 7, 2024

A popular entrepreneur support program is getting fresh funding from the State of Missouri to continue its competition for non-dilutive grants, along with offering winning companies office space, educational programs, and access to mentors. LaunchKC, the non-profit initiative founded by the Economic Development Corporation of Kansas City, Missouri, (EDCKC) and Downtown Council is set to…

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