Tag: Missouri Technology Corporation
When news broke this week that St. Louis-based plant tech firm Benson Hill reached a $2 billion valuation, it marked the third “unicorn” minted among MTC-funded companies in the past six months, said Jack Scatizzi. “Early-stage investing takes patience and the results can’t be rushed,” said Scatizzi, executive director of the Missouri Technology Corporation, noting…
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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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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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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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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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