MTC IDEA Fund April 2024 Award Cycle

Published:
January 4, 2024
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As you may already be aware, Missouri Technology Corporation has a state-sponsored venture capital program. Through the IDEA Fund, we make equity-based investments to technology companies that have high growth potential and a strong commitment to economic development in Missouri.

In 2023, MTC awarded over $9M to 32 companies through our four quarterly cycles.

The IDEA Fund offers three programs to invest in early-stage companies from pre-seed through Series A. MTC typically invests 10-25% of new capital in a given funding round and requires a matching investment from a qualified source (typically VCs, angel and private investors).

  • TechLaunch: investments up to $100K
  • Seed Capital: investments up to $500K
  • Venture Capital: investments up to $2M

Applications received by February 7, 2024 will be considered in the April 2024 award cycle.

For additional information, go to: missouritechnology.com


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