A Message from Jack Scatizzi
2022 was an exciting year for the Missouri Technology Corporation (MTC) as we worked to establish a strong foundation for the organization to build upon over the next decade.
Introduction
Our year-long strategic initiative culminated with the publishing of the Catalyzing Innovation Report in collaboration with TEConomy Partners last February and set us on a path to prioritize and begin implementation of the strategies and actions items included in the report. To celebrate the one-year anniversary of the Catalyzing Innovation Report, MTC is starting a quarterly newsletter to better connect the stakeholders within the state’s innovation and entrepreneurial communities and to help inspire the next generation of entrepreneurs.
Catalyzing Innovation Report Infographic
Implementation Plan & Funding
Additionally, in late August at the Governor’s Conference on Economic Development, MTC publicly released its Fiscal Year 2023 Implementation Plan identifying the prioritized strategies and action items from the Catalyzing Innovation Report. The Implementation Plan is informed by the resources currently available to MTC, its capacity, and the alignment of action items to the organization’s mission. The Implementation Plan will be updated annually for transparency and accountability. Moving forward MTC’s actions and programs will be focused on how to ‘catalyze’ innovation within the state.
MTC Funding
MOBEC Grant & IDEA Fund Program Funding
$2,017,927
MOBEC Grants Awarded in FY23
$2,175,000
IDEA Fund Allocations Awarded in FY23
$4,192,927
Total Funding in FY23
Conclusion
I want to take a moment to thank our dedicated staff, extremely engaged Board Members, and the members of the strategic initiative steering committee. The success and growth of the organization over the past 18 months have been a team effort and are directly related to their hard work and support.
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