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A pair of competitive grant programs backed by the State of Missouri are poised to boost startups with Show Me potential, said Jack Scatizzi as the deadline rapidly nears for this year's IDEA Funds.
A high-tech funder planted seeds in 135+ Missouri startups; three bloomed into $1B+ unicorns in the past six months A high-tech funder planted seeds in 135+ Missouri startups; three bloomed into $1B+ unicorns in the past six months
A high-tech funder planted seeds in 135+ Missouri startups; three bloomed into $1B+ unicorns in the past six months
Photo courtesy of Benson Hill
When news broke this week that St. Louis-based plant tech firm Benson Hill reached a $2 billion valuation, it marked the third “unicorn” minted among MTC-funded companies in the past six months, said Jack Scatizzi.
“Early-stage investing takes patience and the results can’t be rushed,” said Scatizzi, executive director of the Missouri Technology Corporation, noting MTC’s first investment in Benson Hill came in 2013 about eight years before the company’s headline-making announcement.
How early-stage Missouri tech startups could score co-investment funds up to $500K startlandnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startlandnews.com Daily Mail and Mail on Sunday newspapers.