Do you have a startup that’s ready to prove out the concept? Missouri Technology Corporation (MTC) has a NEW state-sponsored venture capital program, the Proof of Concept program, to support entrepreneurs developing innovative technology to address the world’s biggest problems.
Startups may apply for $25K - $50K in an equity investment from this new program, and companies will need to secure at least a 1:1 matching co-investment from angel investors, friends/family or non-dilutive grant. Click here for more information on this new pilot program.
Here’s the exciting part: you can use project funding from Digital Sandbox KC as part the matching funding required for this program! This means that if your company has outstanding project funding through Digital Sandbox KC, those funds may be leveraged as part of your funding round and the co-investment requirements of the program.
Apply to the Proof of Concept program by August 7th for consideration in the October Award Cycle