On Thursday morning, the Missouri Technology Corporation announced it is awarding over $1 million in infrastructure-focused grant funding.
The funds are intended to help build support for startups and entrepreneurship throughout Missouri through the Missouri Building Entrepreneurial Capacity Program.
The MOBEC Program provides funding to expand the capacity of non-profit organizations supporting entrepreneurs, as well as research institutions looking to attract competitive funding.
To date, through MOBEC and other grant programs, the Missouri Technology Corporation has partnered with over 60 entrepreneurial support organizations in communities across the state, awarding almost $27 million in entrepreneurial-focused infrastructure grants that have served thousands of small businesses.
In addition to serving as a statewide connector for Missouri’s innovation community, MTC makes strategic, direct investments to promote entrepreneurship and foster innovation in Missouri. Over the past decade, MTC has invested just under $44 million in over 135 early-stage Missouri-based high growth technology-focused companies, which have raised over $1 billion in additional private capital.
