Missouri Technology Corporation (MTC) is a public-private partnership aimed to promote entrepreneurship and boost the growth of new and emerging high-tech companies in Missouri. By leveraging its unique structure, MTC is dedicated to fostering technology-based businesses across the state.
The Missouri Building Entrepreneurial Capacity program (MOBEC) is integral to MTC's investment strategy, designed to support entrepreneurs and spur innovation. This grant program strategically invests in expanding the entrepreneurial support system for new technology commercialization or initiatives that strengthen Missouri's innovation economy. Project Support Grants within MOBEC are meant for specific projects or programs, with funding restrictions aligned with the scope of the proposed work. These grants cover staff salaries relevant to the project, adhering to time and financial limitations based on the project's length and scope, with caps set for one, two, and three-year grants at $150,000, $325,000, and $500,000, respectively.