The Missouri Technology Corporation is seeking applications for its Missouri Building Entrepreneurial Capacity Grant Program to create more home-grown, high-tech companies, Missouri must support entrepreneurs and foster innovation.
Donor Name: Missouri Technology Corporation
State: Missouri
County: All Counties
Type of Grant: Grant
Deadline: 10/10/2022
Size of the Grant: $150,000 – $300,000
Grant Duration: 2 year
Details:
Missouri Building Entrepreneurial Capacity program (MOBEC) is a cornerstone of MTC’s investment strategy. Through the MOBEC grant program, MTC makes strategic investments that expand the support system for entrepreneurs that are commercializing new technologies or that enhance the capacity of Missouri to grow its innovation economy.
The Missouri Technology Corporation (“MTC”) is a public-private partnership created by the Missouri General Assembly to promote entrepreneurship and foster the growth of new and emerging high-tech companies. The MTC focuses on 21st Century industries that build on Missouri’s rich history in agriculture and technology.
Based on a data-driven analysis of the insights collected, TEConomy identified five boldand compelling strategies and 16 action items to catalyze the state’s innovation and entrepreneurship ecosystems to drive economic development over the next decade.
These strategies are
- Strategy One: Fund – Deploy greater levels of investment capital to help meet the demands of the growing entrepreneurial base.
- Strategy Two: Grow and Scale – Increase access to quality entrepreneurial support services throughout Missouri to ensure companies are able to grow and scale.
- Strategy Three: Launch and Cultivate – Take advantage of Missouri’s research strengths by converting the intellectual assets into market
opportunities. - Strategy Four: Inspire – Encourage more Missourians to participate in innovation and entrepreneurship.
- Strategy Five: Connect – Overcome physical and cultural barriers to better connect Missouri’s communities with each other and with the world.
Goals
In alignment with the Catalyzing Innovation Report and Implementation Plan, the MOBEC grant program seeks to achieve the following goals in Missouri:
- Enhance the capacity of non-profit organizations that support entrepreneurs who are:
- commercializing new technologies around which high-growth companies can be created; and
- creating sustainable, high-paying, private sector jobs based on the establishment or growth of new and emerging companies.
Funding Information
MTC will not award one-year grants over $150,000 and two-year grants over $300,000.
Eligible Project Types
Applicants may submit proposals that align with the newly released Catalyzing Innovation Report, which includes the following eligible project types:
- Access to Capital
- Entrepreneurial Mentoring/Networking
- Entrepreneurial Training/Education
- Commercialization Assistance
- Physical Infrastructure/Capital Project to Support Entrepreneurs
Eligibility Criteria
- Public or private non-profit Missouri research institutions, including institutions of higher education; and
- Non-profit entrepreneurial support or related organizations.
For more information, visit Missouri Building Entrepreneurial Capacity.
