Tag: MTC

PHKC earns more state funding for 811 Retail Incubator; MTC boosting small biz

By Tommy Felts / August 7, 2024

Another round of financial support from the Missouri Technology Corporation proves state economic development leaders understand that innovation also runs along main street, said Dan Smith. The Porter House KC — which just opened its 811 Retail Incubator in late July — is among seven entities just awarded a total of $1.8 million in Physical Infrastructure…

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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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Jeff Rohr, SquareOffs

MTC hits $50M investment milestone through its state-sponsored venture capital program

By Tommy Felts / April 30, 2024

JEFFERSON CITY, Missouri — A Show-Me State program launched a decade ago to drive economic development in Missouri and support tech founders has surpassed $50 million in equity-based investments for nearly 160 Missouri-based technology startups. The Missouri Technology Corporation announced the milestone Tuesday, lauding its Innovation, Development, and Entrepreneurial Advancement (IDEA) Fund for impact that…

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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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