Investing directly in early stage ventures through the IDEA funds and supporting the broader entrepreneurial ecosystem through the MOBEC grant program, the Missouri Technology Corporation ("MTC") is a public-private partnership created by the Missouri General Assembly to promote entrepreneurship and foster the growth of new and emerging high-tech companies.
The Innovation, Development, and Entrepreneurship Advancement (IDEA) Funds are deployed through four programs: Missouri TechLaunch, Seed Capital Co-Investment Program, Venture Capital Co-Investment Program, and the High-Tech Industrial Expansion Program. Companies in the applied engineering, defense and homeland security, biomedical science, animal health, and plant sciences seeking seed or venture funding are encouraged to apply.
Through the Missouri Building Economic Capacity (MOBEC) program, MTC makes strategic investments that expand the support system for entrepreneurs that are commercializing new technologies or that enhance the capacity of Missouri to grow its innovation economy. Eligible Applicants are public or private non-profit Missouri research institutions and non-profit entrepreneurial support and related organizations.