Missouri Technology Corporation unveilsStrategic Implementation Plan for FY 2024 as state funding boosts capacity

Stacey MarlerBlog

The Missouri Technology Corporation (MTC) announced today that it has released its Strategic Implementation Plan for Fiscal Year 2024. This comprehensive plan outlines MTC’s commitment to catalyzing innovation and entrepreneurship in the state of Missouri by introducing new programs and initiatives to empower high-tech companies to thrive.

“We appreciate the efforts of the Missouri Technology Corporation to support entrepreneurship and innovation across our state,” said Governor Mike Parson. “Missouri’s high-tech sector is thriving and creating new opportunities for Missourians while strengthening our economy. We look forward to seeing the implementation of these strategies from MTC to drive continued growth for the future.”

MTC’s Strategic Implementation Plan highlights key programs and initiatives designed to foster innovation and entrepreneurship. These Include the creation of Regional Nodes, a State Small Business Credit Initiative (SSBCI)-funded Loan Participation Program, the addition of proof-of-concept investments to the IDEA Fund Co-Investment Program, and an investor education grant program. By leveraging state and federal funds, MTC aims to drive economic growth through the creation of a thriving ecosystem for Missouri technology companies.

Source: “Announcing 📢 MTC’s Strategic Implementation Plan for FY 2024” Sept. 2023. Email.