News & Updates

MTC Awards $2.2 Million

In January 2024, MTC awarded $2.2 million in equity-based investments to 7 companies

Investment Details

In January 2024, a total of $2.2 million was approved for equity-based investments in the following companies: Azome Therapeutics Inc, Backstitch, Inc., Barbell Logic Inc, BIOIO, Inc., Foresight Reporting, Inc., Likarda, LLC, and King of the Curve.

Investment Statistics

MTC Investment Statistics

$2.2M

January 2024 Investment

$9M

2023 Total Investment

32

Number of Startups Funded in 2023

Application Deadlines

MTC currently accepts IDEA Fund applications continuously and reviews applications and makes awards on a quarterly basis. The deadlines for full consideration for each quarterly application review cycle are: April 2024 Award Cycle – Application deadline of 11:59 pm, Wednesday, February 7, 2024, July 2024 Award Cycle – Application deadline of 11:59pm, Wednesday, May 8, 2024