Missouri Technology Corporation
Missouri Technology Corporation (MTC) is a public charity based in an individual recipient, Missouri, and a public-private partnership created by the Missouri General Assembly. It supports entrepreneurship and the growth of technology-based Missouri businesses through grants for entrepreneurial ecosystem development and a state-sponsored venture capital program.
Missouri Technology Corporation at a glance
In short: Missouri Technology Corporation gave $16.4M across 24 grants in 2025 (avg $684K), mostly in Missouri. 27% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $16,420,021
- +116.8% vs 2024
- Grants made (2025)
- 24
- -11.1% vs 2024
- Average grant
- $684,168
- +143.8% vs 2024
- Median grant
- $250,000
- Total assets
- $105,160,244
- -12.8% vs 2024
- New grantees (estimate)
- 27% first-time grantees (4 of 15, 2025; small sample)
- Primary geography
- Missouri (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Missouri Technology Corporation
- How to Apply
-
MTC says application periods are not predetermined and that grant launches are announced through its LinkedIn page and newsletter. Applicants should consult the specific guidelines for an open program, since the general FAQ may not apply to every grant.
- Contact
Mailing address: 4220 Duncan Avenue Ste 201, St Louis, MO 63110
Phone: (314) 275-0942
Website: https://missouritechnology.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
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
Deadline not published
Missouri Building Entrepreneurial Capacity: Project Support Grant
Missouri Technology Corporation
Amount
US $150,000 - US $500,000
Deadline
Deadline not published
Who Missouri Technology Corporation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Ignite Mo Loan Participation Program LLC ($8.3M). Together the top 10 received $15.7M.
Organizations only. It also paid 1 grant to individuals ($250,000), which are not listed by name.
Grant Size Distribution
100 grants across all recorded years
The most common grant size was in the $100–250K range: 34 grants of 100 (34%).
Geographic Focus
Where this funder awards grants
MTC’s stated mission and grant programs focus on Missouri. All 2025 grant dollars listed in the filing went to recipients in Missouri. The reported awards supported organizations and projects in locations including two individual recipients, Rolla, Columbia, Springfield, and Cape Girardeau.
Grant Distribution by State
Share of 2025 grant dollars across all 24 itemized grants.
States
Cities
Is Missouri Technology Corporation open to new grantees?
27%
first-time grantees, 2025
In 2025, 4 of 15 grantees (27%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $2.4M; repeat grants $625K. How we count
Medians: $551K first-time, $375K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $2.3M (2022) to $18.1M (2023). In 2025 it made 24 grants totaling $16.4M.
Grants by year
Grant recipients and amounts by year
| 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 |
Ready to take the next step with Missouri Technology Corporation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $105,160,244 | $11,182,096 | $22,668,686 | $16,420,021 | 24 | $1,586,790 |
| 2024 | $120,554,240 | $26,692,498 | $18,202,028 | $7,575,551 | 27 | $1,558,307 |
| 2023 | $113,462,871 | $57,612,488 | $19,605,682 | $18,107,651 | 18 | $702,824 |
| 2022 | $62,323,111 | $12,167,052 | $6,629,672 | $2,337,680 | 16 | $219,022 |
| 2021 | $56,795,740 | $7,231,503 | $4,108,032 | $3,511,776 | 15 | $929,839 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
MTC’s mission is to provide leadership and make strategic investments that help entrepreneurs create and grow technology-based Missouri businesses. Its grant programs support organizations that expand entrepreneurial capacity, including by helping entrepreneurs commercialize new technologies and by developing resources and infrastructure for Missouri’s innovation economy.
MTC’s website identifies five strategies for its ecosystem-building grants: deploying investment capital; expanding entrepreneurial support services; turning research strengths into market opportunities; encouraging participation in innovation and entrepreneurship; and connecting Missouri communities. Its 2025 grants illustrate a range of supported work, including loan participation, bioscience initiatives, manufacturing-extension services, entrepreneurial infrastructure, and regional entrepreneurship programs.
Among its 2025 grantees, BioSTL describes its mission as cultivating a thriving bioscience sector in an individual recipient, while BioNexus KC says it fosters collaboration to advance healthcare innovation. Missouri Innovation Center says it nurtures high-growth ventures in Mid-Missouri; Codefi Foundation on Rural Innovation describes work to improve quality of life through economic development, education, technology, and connectivity; and the Downtown Council describes its mission as maintaining an urban environment that attracts businesses, residents, and visitors.
Grantmaking
In filing year 2025, MTC reported 24 grants totaling $16,420,021. Grant amounts ranged from $39,411 to $8,312,046, with a median of $250,000. The largest award was $8,312,046 to Ignite MO Loan Participation Program LLC to support Justine Petersen’s operation of the program. Other notable awards included $1,499,514 to BioSTL, $936,050 to BioNexus KC for the KC BioHub project, $750,000 to Missouri Enterprise for the state’s Manufacturing Extension Partnership program, and $600,000 to Missouri Innovation Center for physical infrastructure and resources in central Missouri.
MTC’s website describes MOBEC as supporting nonprofit entrepreneurial-support organizations. Applicants must identify their request as project support or operations support. MOBEC proposals may cover one-, two-, or three-year plans, with maximum awards of $150,000, $325,000, and $500,000, respectively. The website lists the 2026 MOBEC application deadline as October 29, 2025, which is a past deadline.
For MTC grants generally, the website says eligible applicants must be public or private nonprofit Missouri research institutions, including higher-education institutions, or nonprofit entrepreneurial-support or related organizations. It describes grants as reimbursement grants, typically reimbursed every six months, and says MTC requires a 1:1 match. Matching funds cannot come from state-funded grants or other state sources. Applications are scored by a multi-member evaluation team; top applicants may present to an independent investment committee, and MTC’s Board of Directors makes the final decision.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Dan Cobb as chair; Erwin Switzer as vice chair, secretary, and treasurer; and John Scatizzi as executive director. It also lists Travis Fitzwater, Tom Spencer, Stephanie Regagnon, Allen Dillingham, Kathryn Allen, Michael O’Connell III, and Donn Rubin as directors.
Missouri Technology Corporation is led by John Scatizzi, Executive Director on every filing since 2021; 1 of 14 officers listed in 2025 is compensated.
Officers on the 2025 filing
John Scatizzi
Executive Director
On filings since 2021
40 hrs/week
$96K (2021) → $167K (2025)
Dan Cobb
Chair
Vice Chair → Chair, 2024
On filings since 2021
5 hrs/week
No compensation reported
Donn Rubin
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Michael Oconnell III
Director
On filings since 2021
1.5 hrs/week
No compensation reported
Tom Spencer
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Allen Dillingham
Director
On filings since 2022
2.5 hrs/week
No compensation reported
Kathryn Allen
Director
On filings since 2022
3 hrs/week
No compensation reported
Stephanie Regagnon
Director
On filings since 2022
1.5 hrs/week
No compensation reported
Alex Riley
Director
On filings since 2023
0.5 hrs/week
No compensation reported
Michelle Hataway
Director
On filings since 2023
1.5 hrs/week
No compensation reported
Anthony Sardella
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Chris Dittmer
Director
On filings since 2024
1.5 hrs/week
No compensation reported
Travis Fitzwater
Director
On filings since 2024
0.5 hrs/week
No compensation reported
Erwin Switzer
Vice Chair, Secretary & Treasurer
Director → Vice Chair, Secretary & Treasurer, 2024
On filings since 2021
3 hrs/week
No compensation reported
Former officers (12)
- Former: Jim Baker (2021–2024) — Director
- Former: Timothy L. Faley (2024) — Director
- Former: Ajay K. Jhamb (2021–2023) — Director
- Former: Dedric Carter (2021–2023) — Chair
- Former: Denny Hoskins (2023) — Director
- Former: Dan Hegeman (2021–2022) — Director
- Former: Derek Grier (2021–2022) — Director
- Former: Maggie Kost (2022) — Director
- Former: Garry Kemp (2021) — Director
- Former: Jason Hall (2021) — Director
- Former: Lisa Nichols (2021) — Director
- Former: Rob Dixon (2021) — Director
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $167K, to John Scatizzi (Executive Director).
Frequently asked questions about Missouri Technology Corporation
How much does Missouri Technology Corporation give each year?
Missouri Technology Corporation gave $16.4M across 24 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7.6M across 27 grants.
What is Missouri Technology Corporation's typical grant size?
Missouri Technology Corporation's median grant in 2025 was $250,000, and its average grant was $684,168, across 24 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Missouri Technology Corporation that year got $2.4M on average.
Where does Missouri Technology Corporation give grants?
Missouri Technology Corporation gives mostly in Missouri: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were St. Louis, MO (6 grants), Kansas City, MO (4 grants), Springfield, MO (3 grants) and Columbia, MO (3 grants).
Does Missouri Technology Corporation give general operating support?
Not in 2025: none of the 24 grants with a stated purpose on Missouri Technology Corporation's 2025 IRS Form 990 were described as general or operating support.
Who are Missouri Technology Corporation's largest grantees?
Missouri Technology Corporation's largest 2025 grantees include Ignite Mo Loan Participation Program LLC ($8,312,046), Biostl ($1,899,514 across 2 grants) and Missouri State University ($1,080,500 across 3 grants), according to its 2025 IRS Form 990. It also paid 1 grant to individuals ($250,000), which are not listed by name. Together they received 69% of its itemized 2025 grant dollars.
How large is Missouri Technology Corporation?
Missouri Technology Corporation reported $105.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $11.2M.
What does Missouri Technology Corporation fund?
MTC’s mission is to provide leadership and make strategic investments that help entrepreneurs create and grow technology-based Missouri businesses. See mission & focus areas ↑
How do I apply for a grant from Missouri Technology Corporation?
MTC says application periods are not predetermined and that grant launches are announced through its LinkedIn page and newsletter. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 28, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 31, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). Missouri Technology Corporation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/missouri-technology-corporation-morg_8779e93cd60e4f58ae6516a7cb51a6a4
BibTeX
@misc{grantable_431341372_2026,
author = {{Grantable}},
title = {{Missouri Technology Corporation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/missouri-technology-corporation-morg_8779e93cd60e4f58ae6516a7cb51a6a4},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Missouri Technology Corporation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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