1. Welcome to the Proof of Concept Application

The IDEA Fund is Missouri Technology Corporation's state-sponsored venture capital program that invests in Missouri’s most promising emerging companies to promote growth and additional future investment.

Applicants need to be early-stage technology or innovation-based companies with high growth potential, and the program requires matching private funds or non-dilutive grants to ensure state and federal funds are invested in the most attractive opportunities.

MTC recommends companies use the PDF copy of the Proof of Concept Application posted on MTC's website to prepare answers to the application questions in advance, and then copy and paste them into Survey Monkey when the company is ready to submit its application. Please pay close attention to the suggested answer limits. MTC expects for applicants to not exceed 32,750 total characters per submission.

The Proof-of-Concept program is a pilot to offer early-stage companies with equity-based investments to prove their concept, develop and launch minimum viable products (MVPs).
#1 October 2024 Award Cycle Deadline: 11:59 pm, August 7, 2024

#2 January 2024 Award Cycle Deadline: TBD

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* 1. Legal Company Name:

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* 2. Doing Business As (if applicable):

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* 3. Company's Website

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* 5. Company Headquarters Address

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* 6. Company's Primary Contact

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* 7. Company's Signing Authority

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* 12. Year company was founded (4-digit)

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* 13. Federal Employer Identification Number (FEIN)

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* 14. Missouri Tax Identification Number (MITS)

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