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Seed Capital Co-Investment Program

Application Period Open –Wednesday, February 24, 2021
Application Period Closed - Monday, April 5, 2021, at 11:59 p.m.
Investment Committee - mid to late June 2021
Board Approval - mid-July 2021

The Missouri SEED Capital Co-Investment program was created to support Missouri's early-stage entrepreneurs in developing technologies, and creating jobs across Missouri while positioning companies for future venture capital investment. The SEED fund supports technology startups through matching equity or convertible debt investments up to $500,000 for the purpose of technology and business development.

Investment Process:

  1. The annual application process opens and applicants are invited to fill out the application (link below).
  2. Applications close after about a month, and MTC staff reviews all applications.
  3. All applicants are notified of whether they are invited to present to the MTC Investment Committee approximately one (1) month after applications close. Those who are not selected to move forward are welcome to set up a time to discuss their application with MTC staff.
  4. The MTC Investment Committee meets and selected companies pitch. The Investment Committee will make funding recommendations, and presenting companies are notified within a week.
  5. The MTC Board of Directors will meet to review and approve the recommendations.
  6. The due diligence process will begin for selected companies.

In order to qualify for a Missouri SEED investment a company must:

  1. Be based in Missouri;
  2. Have a proprietary or protectable intellectual property;
  3. Be in the seed financing stage;
  4. Have, at the time of closing, an actual third party dollar-for-dollar matching investment for MTC funds;
  5. Fit into at least one of MTC’s five focus areas – animal health, plant science, biomedical science, applied engineering (software), and defense and homeland security; and
  6. Complete the application process.
Application Materials
Online IDEA Fund Application
PDF Copy of the IDEA Fund Application
MTC IDEA Application FAQs

Addtional Materials
MTC IDEA Program Participation Agreement (Convertible Debt)
MTC IDEA Program Participation Agreement (Equity)

Note:  Google Forms does not allow applications to be saved and completed later.  Therefore, we strongly suggest companies use the PDF copy of the IDEA Fund Application to complete the application questions in advance and then copy  and paste them into Google Forms when the company is ready to submit its application.  

Contact for Questions

Please email Amy Steinman, amy.steinman@ded.mo.gov