MTC IDEA Fund (TechLaunch and Seed Capital)

The IDEA Fund is Missouri Technology Corporation's state-sponsored venture capital program, primarily funded by the federal SSBCI 2.0 program. It invests equity or convertible debt alongside at least a 1:1 private match through three programs: TechLaunch (up to $250,000), Seed Capital (up to $1 million) and Venture Capital (up to $4 million, lead investor required). Companies must be headquartered in Missouri, hold protectable IP and operate in one of seven focus areas including software and...