As the National Geospatial-Intelligence Agency continues construction of its new headquarters in north St. Louis, itâs looking to boost the number of geospatial startups in the region.
The federal agency, along with state-operated Missouri Technology Corp., is launching a startup accelerator next March. Capital Innovators has experience managing venture funds and operating accelerators â programs that offer startups funding and mentorship. It will begin accepting applications for the program this month.
Up to eight companies will each receive a $100,000 grant and participate in a 13-week business development and mentoring program with NGA employees to help scale their businesses.
The NGA is backing this program because it recognizes that connecting with startups exploring new technology and ideas could help the agency expand its projects.