Deadline: 07-Feb-22
The Missouri Technology Corporation (MTC) is inviting applications for the Seed Capital Co-Investment Program to support Missouri’s early-stage entrepreneurs in developing technologies, and creating jobs across Missouri while positioning companies for future venture capital investment.
Over the past decade, MTC has invested just under $44 million into over 135 early-stage Missouri-based high growth technology-focused companies, which have raised over $1 billion in additional private capital. To gauge the overall economic development and impact its portfolio has on the state, last summer, MTC surveyed over 70 companies in its portfolio.
Funding Information
The SEED fund supports technology startups through matching equity or convertible debt investments up to $500,000 for the purpose of technology and business development.
Eligibility Criteria
In order to qualify for a Missouri SEED investment a company must:
- Be based in Missouri;
- Have a proprietary or protectable intellectual property;
- Be in the seed financing stage;
- Have, at the time of closing, an actual third party dollar-for-dollar matching investment for MTC funds;
- Fit into at least one of MTC’s five focus areas – animal health, plant science, biomedical science, applied engineering (software), and defense and homeland security; and
- Complete the application process.
For more information, visit https://www.missouritechnology.com/commercialization-programs/seed-capital-co-investment-program