MTC IDEA Fund - 2027 Application |
OVERVIEW
The IDEA Fund is Missouri Technology Corporation's state-sponsored venture capital program that invests in Missouri-based scalable high-growth companies, empowering the launch of innovative products and solutions and creating economic impact for the state.
All MTC investments require private matching funds to ensure state and federal funds are invested in the most attractive opportunities.
The IDEA Fund offers the following 3 programs:
TechLaunch - investment requests from $100,000 - $250,000 for pre-seed funding rounds
Seed Capital - investment request from $250,000+ to $1,000,000 for seed funding rounds
Venture Capital - investment requests from $1,000,000+ to $4,000,000, typically for Series A funding rounds (lead investor required)
PRO TIP: The amount requested from MTC should be 25% or less of the total round size indicated, e.g. requests of $250,000 should be for a funding round of $1 million or more.