The Missouri Technology Corporation (MTC) is excited to announce the opening of the next IDEA Fund cycle.
The IDEA Fund is Missouri’s state-sponsored venture capital program designed to make equity-based investments into high growth potential, early-stage companies raising venture capital rounds. We’re looking for visionary entrepreneurs who are driving change through science, technology and innovation — and who are committed to scaling their businesses in Missouri.
There are three sub programs designed for pre-seed, seed and Series A stage rounds:
- TechLaunch: Up to $100K for companies raising $500K–$1M
- Seed Capital: Up to $500K for companies raising $1M–$5M
- Venture Capital: Up to $2M for companies raising $5M–$20M
Since January 2023, MTC has deployed $36M in investment awards to 112 startups and completed over $13M in direct investments across all three sub programs. Companies selected for investment awards have six months to complete due diligence, secure a matching co-investment, and close their funding round including MTC’s investment.
The application deadline is Tuesday, May 5, 2026. Those awarded the grant will receive notification by the end of July 2026. To apply and learn more, click here.
About Missouri Technology Corporation:
The Missouri Technology Corporation (MTC) is a public-private partnership created to foster innovation and entrepreneurship within the state of Missouri. MTC achieves its mission through two main activities: grant-based support to expand the state’s entrepreneurial capacity and direct investments in high-growth companies through a state-sponsored venture capital program.
Be the first to comment