Missouri Technology Corporation
Missouri Technology Corporation (MTC) is a 501(c)(3) nonprofit organization and public-private partnership created by the Missouri General Assembly. Headquartered in Jefferson City, Missouri, MTC promotes entrepreneurship and fosters the growth of new and emerging high-tech companies. The organization operates as a venture capital and private equity entity, providing strategic investments and support to early-stage ventures and the broader entrepreneurial ecosystem.
Key facts about Missouri Technology Corporation
- EIN
- 43-1341372
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $16,420,021
- Grants made (2025)
- 24
- Average grant
- $684,168
- Median grant
- $250,000
- New grantees (estimate)
- 67% first-time grantees (10 of 15, 2025)
- Total assets
- $105,160,244
- Primary geography
- Missouri (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Missouri Technology Corporation funds
By grant dollars, the top recipient states for Missouri Technology Corporation's 24 itemized 2025 grants were Missouri (100%). The most frequent recipient cities were St Louis, MO (6 grants), Kansas City, MO (5 grants), Springfield, MO (3 grants) and Columbia, MO (3 grants). None of its 24 grants with a stated purpose were described as general or operating support.
Is Missouri Technology Corporation open to new grantees?
67%
first-time grantees, 2025
In 2025, 10 of 15 grantees (67%) were first-time recipients. First grants averaged $1.2M; repeat grants $981K. How we count
Medians: $264K first-time, $925K repeat.
- Giving grew 602% from 2022 to 2025. Method
Estimate from itemized IRS Form 990-PF grant lists (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Missouri Technology Corporation
- How to evaluate Missouri Technology Corporation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Missouri Technology Corporation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$105.2M
-12.8% YoY
Annual Giving
$16.4M
Grant Count
24
Avg Grant Size
$684K
Mission & Focus Areas
MTC's mission centers on promoting entrepreneurship and nurturing high-tech company growth through direct venture capital investments and ecosystem support. The organization focuses on companies in applied engineering, defense and homeland security, biomedical science, animal health, and plant sciences.
Primary program areas include:
Innovation, Development, and Entrepreneurship Advancement (IDEA) Funds — Deployed through four programs:
- Missouri TechLaunch
- Seed Capital Co-Investment Program
- Venture Capital Co-Investment Program
- High-Tech Industrial Expansion Program
Missouri Building Economic Capacity (MOBEC) Program — Makes strategic investments to expand support systems for entrepreneurs commercializing new technologies and enhance Missouri's innovation economy capacity. Eligible applicants include public or private nonprofit Missouri research institutions and nonprofit entrepreneurial support organizations.
Advanced Manufacturing Resiliency Grant Program — Provides grant-based funding for infrastructure creation in industries fundamental to U.S. national security, with focus on advanced and innovative manufacturing of active pharmaceutical ingredients and semiconductors where Missouri has inherent advantages.
State Small Business Credit Initiative (SSBCI 2.0) — Administered through the U.S. Department of Treasury to support state programs increasing private capital availability to small businesses. MTC uses SSBCI funds to support its IDEA Fund co-investment programs.
Grantmaking
MTC awards grants and makes direct venture capital investments to early-stage companies and entrepreneurial support organizations.
Ready to take the next step with Missouri Technology Corporation?
Geographic Focus
Where this funder awards grants
MTC operates statewide in Missouri, with particular emphasis on supporting Missouri-based companies and research institutions. The organization targets industries where Missouri has inherent connection or advantage for economic growth.
Grant Distribution by State
Share of all 24 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2024 (ending June 2024):
- Total Revenue: $26,692,498
- Total Expenses: $18,202,028
- Total Assets: $120,554,240
- Total Liabilities: $13,100,000
- Staff: 10 employees
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $105,160,244 | $120,554,240 | $113,462,871 |
| Revenue | $11,182,096 | $26,692,498 | $57,612,488 |
| Expenses | $22,668,686 | $18,202,028 | $19,605,682 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,586,790 | $1,558,307 | $702,824 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
55 grants across all recorded years
Open Grants
2 open opportunities from Missouri Technology Corporation
Missouri Building Entrepreneurial Capacity: Operations Support Grant
Missouri Technology Corporation
Amount
US $150,000 - US $500,000
Deadline
Rolling / Open
Missouri Building Entrepreneurial Capacity: Project Support Grant
Missouri Technology Corporation
Amount
US $150,000 - US $500,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Ignite Mo Loan Participation Program LLC ($8,312,046), Biostl ($1,899,514 across 2 grants), Missouri State University ($1,080,500 across 3 grants).
| Recipient | Purpose | Amount |
|---|---|---|
| IGNITE MO LOAN PARTICIPATION PROGRAM LLC St Louis, MO | MTC PROVIDED FUNDING TO JUSTINE PETERSEN TO OPERATE THE IGNITE MO LOAN PARTICIPATION PROGRAM. | $8,312,046 |
| BIOSTL St Louis, MO | MTC GRANTED FUNDING TO PROVIDE SUPPORT FOR BIOSTL INCLUDING THE SUPPORT OF BIOGENERATOR'S NON-INVESTMENT ACTIVITIES. | $1,499,514 |
| BIONEXUS KC Kansas City, MO | MTC GRANTED FUNDING TO BIONEXUS KC PROVIDE SUPPORT FOR THE KC BIOHUB PROJECT IN KANSAS CITY, MISSOURI. | $936,050 |
| MISSOURI ENTERPRISE Rolla, MO | MTC GRANTED FUNDING (REQUIRED STATE MATCHING FUNDS) FOR THE OPERATION OF MISSOURI'S MANUFACTURING EXTENSION PARTNERSHIP PROGRAM. | $750,000 |
| MISSOURI INNOVATION CENTER Columbia, MO | MTC GRANTED FUNDING TO PROVIDE PHYSICAL INFRASTRUCTURE & RESOURCES FOR CENTRAL REGION OF MISSOURI. | $600,000 |
| MISSOURI STATE UNIVERSITY Springfield, MO | MTC GRANTED FUNDING FOR THE OPERATIONS OF THE EFACTORY IN SPRINGFIELD, MO. | $500,000 |
| BIOSTL St Louis, MO | MTC GRANTED FUNDING TO PROVIDE PHYSICAL INFRASTRUCTURE & RESOURCES IN THE GREATER ST. LOUIS REGION OF MISSOURI. | $400,000 |
| MISSOURI STATE UNIVERSITY Springfield, MO | MTC GRANTED FUNDING TO PROVIDE PHYSICAL INFRASTRUCTURE & RESOURCES IN THE SOUTHWEST REGION OF MISSOURI. | $380,500 |
| DOWNTOWN KC (LAUNCH KC) Kansas City, MO | MTC GRANTED FUNDING TO PROVIDE RESOURCES FOR THE SOCIAL VENTURE STUDIO IN KANSAS CITY, MISSOURI. | $327,000 |
| CODEFI FOUNDATION INC Cape Girardeau, MO | MTC GRANTED FUNDING TO EXPAND ENTREPRENEURIAL CAPACITY THOUGHOUT SOUTHERN MISSOURI. | $325,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dan Cobb | Chair | 5 | — |
| Erwin Switzer | Vice Chair/Sec/Treas | 3 | — |
| John Scatizzi | Executive Director | 40 | $167,208 |
| Travis Fitzwater | Director | 0.5 | — |
| Tom Spencer | Director | 0.5 | — |
| Stephanie Regagnon | Director | 1.5 | — |
| Allen Dillingham | Director | 2.5 | — |
| Kathryn Allen | Director | 3 | — |
| Michael Oconnell III | Director | 1.5 | — |
| Donn Rubin | Director | 1.5 | — |
| Chris Dittmer | Director | 1.5 | — |
| Alex Riley | Director | 0.5 | — |
| Michelle Hataway | Director | 1.5 | — |
| Anthony Sardella | Director | 0.5 | — |
Recent News & Activity
Recent developments and announcements
MTC has been actively awarding grants and making investments in recent cycles, with significant funding announcements in January 2026 totaling $5.8 million in direct investments and additional funding for the MOBEC Grant Program. The organization continues to expand its support for advanced manufacturing and entrepreneurial ecosystem development across Missouri.
MTC Awards Funding for 2026 MOBEC Grant Program ProposalsFrequently Asked Questions
What does Missouri Technology Corporation fund?
MTC's mission centers on promoting entrepreneurship and nurturing high-tech company growth through direct venture capital investments and ecosystem support. The organization focuses on companies in applied engineering, defense and homeland security, biomedical science, animal health, and plant sciences. Primary program areas include: **Innovation, Development, and Entrepreneurship Advancement (IDEA) Funds** — Deployed through four programs: • Missouri TechLaunch • Seed Capital Co-Investment Pro…
How do I apply for a grant from Missouri Technology Corporation?
MTC awards grants and makes direct venture capital investments to early-stage companies and entrepreneurial support organizations. **Recent Grant Activity:** • January 2026: Awarded $5.8 million in an investment cycle • January 2026: Awarded funding for 2026 MOBEC Grant Program proposals • Recent cycle: Awarded $2.3 million to seven organizations through grants • Recent cycle: Awarded $14.85 million in grants **Active Grant Opportunities:** • Missouri Building Entrepreneurial Capacity: Operatio…
Where does Missouri Technology Corporation make grants?
MTC operates statewide in Missouri, with particular emphasis on supporting Missouri-based companies and research institutions. The organization targets industries where Missouri has inherent connection or advantage for economic growth.
What size grants does Missouri Technology Corporation award?
In 2025, Missouri Technology Corporation awarded 24 grants totaling $16.4M — an average of about $684K per grant, based on its IRS Form 990 filings.
What is Missouri Technology Corporation's EIN?
Missouri Technology Corporation's EIN (Employer Identification Number) is 43-1341372. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Missouri Technology Corporation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Ewing Marion Kauffman Foundation
Kansas City, MO
Assets
—
Grants
364
Total Given
$95.0M
James S McDonnell Foundation
St Louis, MO
Assets
$457.5M
Grants
82
Total Given
$30.1M
St Louis Community Foundation Inc
St Louis, MO
Assets
$494.4M
Grants
839
Total Given
$63.9M
World Wide Technology Foundation
St Louis, MO
Assets
$16.1M
Grants
197
Total Given
$10.5M
Pharmaceutical Research and Manufacturers of America
Washington, DC
Assets
$349.0M
Grants
461
Total Given
$41.4M
Shepard McCaskill Foundation
St Louis, MO
Assets
$5.1M
Grants
16
Total Given
$325K
St Louis Life Sciences Project
St Louis, MO
Assets
$5.8M
Grants
1
Total Given
$600K
Rubinbrown Charitable Foundation
Saint Louis, MO
Assets
—
Grants
7
Total Given
$105K
Grand Victoria Foundation
Chicago, IL
Assets
—
Grants
114
Total Given
$6.5M
Vilcap Inc
Houston, TX
Assets
$12.8M
Grants
22
Total Given
$328K
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Jpmorgan Chase Foundation
New York, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
More Funders in Missouri
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.