Educational Reference

Funding Glossary

Plain-language definitions for key venture capital, grant, and co-investment terms used across MTC programs.

Equity Co-Investment

Capital provided by MTC in exchange for stock ownership or equity interest in a technology startup, contingent upon a matching private lead investor.

Matching Capital Ratio

The private dollar co-investment required alongside MTC awards. IDEA Fund equity venture investments require a third-party dollar-for-dollar matching private co-investment from angel investors or venture funds.

Convertible Debt Note

A short-term loan instrument that converts into equity stock during a future qualified equity financing round.

Ecosystem Grant (MOBEC)

Non-dilutive grant funding awarded to non-profit entrepreneurship support organizations, incubators, and accelerators.

SSBCI 2.0

State Small Business Credit Initiative 2.0 — Federal Treasury program providing $95M in capital allocated to Missouri for venture co-investment and loan participation.

Due Diligence

MTC's formal review of a startup's legal structure, intellectual property, financial records, and private co-investor terms prior to capital disbursement.