Venture Capital Program

The IDEA Fund program is a state-sponsored venture capital initiative that utilizes public funding (both state and federal) to drive economic development within the state. The primary focus of this program is to foster innovation and support technology-driven entrepreneurial endeavors that contribute to the state’s overall economic development growth. MTC’s Venture Capital Program was created to accelerate private venture capital investment in Missouri-based start-up companies and to increase the overall investment impact of third-party investments. The Venture Capital Program supports technology startups through matching equity or convertible debt investments up to $2,000,000 for the purpose of scaling the business to attract additional venture capital. Since 2010, MTC has invested over $49 million in more than 150 early-stage Missouri-based high-growth technology-focused companies. Since 2018, our portfolio companies have gone on to raise over $1.6 billion in additional private capital.