The Missouri Technology Corporation announced the opening of funding rounds for three of their investment programs: TechLaunch, High-Tech Industrial Expansion and MOBEC (Missouri Building Entrepreneurial Capacity). Companies in the MTC focus areas looking for equity funding through the MTC should submit their application by Nov. 1, 2012. Applications for each commercialization program are available at MTC
. MTC focus areas include: animal health, applied engineering, biomedical science, defense and homeland security and plant science. Missouri TechLaunch
: Provides pre-seed funding to entrepreneurial startups for intellectual property development and evaluation, including in-depth analysis of market potential, conducting competitive analysis, establishing proof of concept of a scientific discovery, prototype design and develoment, and related activities. High-Tech Industrial Expansion:
To be used to purchase equipment, facitilate construction, and hire key personnel. MOBEC:
Targets public or private non-profit Missouri research institutions or entrepreneurial support organizations that expand the support system of entrepreneurs commercializing new technologies or that enhance the capacity for Missouri to grow its innovation economy.
All program applications are due by Nov. 1. Visit MTC for full eligibility and funding requirements for each program. About the Missouri Technology Corporation
MTC is a public-private partnership created by the Missouri General Assembly to promote entrepreneurship and foster the growth of new and emerging high-tech companies.