Tag: Missouri Technology Corporation (MTC)

Fueled by $15M, MTC releases plan for boosting entrepreneurs: Here’s how KC is already seeing impact

By Tommy Felts / September 26, 2023

JEFFERSON CITY, Missouri — Increased funding for the Missouri Technology Corporation will keep core support programs healthy through 2024, as well as help expand successful pilot initiatives designed to widen economic opportunity in the Show Me State, MTC officials said Tuesday. Among the new efforts gaining extended life through the announcement of MTC’s FY 2024 strategy…

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Porter House KC earns MO infrastructure grant, pushing its retail incubator closer to opening

By Tommy Felts / August 10, 2023

Funding from a pilot physical infrastructure grants program is expected to help The Porter House KC complete phase 2 of the build out for its new 811 Retail Incubator, focused on boosting retail entrepreneurs from the urban core. “This grant will allow us to serve over 90 small businesses focused on retail operations within the…

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Healium augments funding with $3.6M seed round, adds Mayo Clinic deal

By Tommy Felts / February 20, 2023

Healium, a virtual and augmented reality biofeedback company, announced Monday one of the largest private equity raises for a women-owned business in mid-Missouri history. The startup — which transforms bio-data from any fitness tracker into immersive, reactive media — has also entered into a know-how license agreement with Mayo Clinic. A “virtual firefly release” using mobile…

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Federal funds will power Missouri investments for the next 8 years; here’s how your startup can apply

By Tommy Felts / October 22, 2022

Applications are now open for a popular state-run co-investment program that can provide up to a $2 million equity-based investment in Missouri-based companies that have identified a lead investor for the round. The revived Venture Capital Program and specifically IDEA Fund Co-Investment Programs — coordinated by the Missouri Technology Corporation (MTC) — will be largely funded…

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LaunchKC finalists: Meet 13 tech startups vying for six $50K grants in rebooted competition

By Tommy Felts / October 22, 2022

A revived LaunchKC grants competition is set to return in mid-November with more than a dozen companies vying for $300,000 in non-dilutive funding. Finalists were announced Friday. The 13 Kansas City companies selected to compete Nov. 15 were narrowed from more than 90 applicants, said Becca Castro, strategic initiatives manager at the Economic Development Corporation…

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