IDEA Fund
Missouri startup support funding gutted amid COVID; Advocates hope reversing course could fuel recovery
It’s official: the 2021 budget for a popular public-private partnership that once infused millions into the Missouri tech and startup communities has been wholly defunded by the state as Gov. Mike Parson grapples with COVID-19’s continued economic fallout. But supporters of the Missouri Technology Corporation (MTC) hope Parson’s move — withholding all of the program’s…
Greitens eyes private investment dollars to fill MTC budget gap
A new, privately-managed innovation fund could replace a popular startup investment program that was dramatically slashed for 2018 amid Missouri’s budget crunch. The potential strategy change comes as a suggestion from the Hawthorn Foundation’s report to Missouri Gov. Eric Greitens, following the months-long work of an innovation task force charged with assessing the current state…
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