Missouri Technology Incentive Program (MoTIP)
for Small Businesses

The Missouri Technology Corporation (MTC) has instituted and funded the Missouri Technology Incentive Program (MoTIP) to increase the number of Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) awards granted to small businesses in the State of Missouri. MoTIP's purpose is to generate high-quality SBIR/STTR proposals and to broaden participation from Missouri small businesses through Phase 0 competition assistance grants (up to $5,000) and Phase I/II Bridge Loans (up to $50,000).

The SBIR and STTR programs will provide R&D financial resources of more than $2.2 billion to U.S. small businesses in FY2008. Through these programs, 12 federal agencies provide funding for a wide range of proposal topic areas. These programs provide excellent opportunities to nurture the development of innovative businesses in Missouri, offer employment opportunities for our university and community college graduates and enable economic development and diversification.

Only for-profit proprietorships, small businesses and manufacturers (fewer than 500 employees) qualify for SBIR and STTR funding. These programs provide a unique source of seed capital for Missouri citizens and small businesses to explore and develop innovative product concepts. These programs are particularly important to Missouri businesses in which innovation capital is in very short supply. Although SBIR and STTR funding comes with certain requirements, obligations and restrictions, the grantee is not obligated to repay the award or issue equity in exchange for the award. Most intellectual property rights generated on funded projects remain with the small business.

The MTC is funding MoTIP in 2008 to stimulate and improve SBIR/STTR results in Missouri. MTC has contracted with the Missouri Small Business and Technology Development Centers (MO FAST) effort to provide technical assistance and assist with accepting applications.

Further information on the MoTIP Programs is contained in the documents below:

• Phase 0 Solicitation
• Phase 0 Template

• Phase I/II Bridge Loan Solicitation
• Phase I/II Bridge Loan Template

• Grant Writer Resources

• MoTIP Brochure

News stories about MoTIP:

• MissouriBusiness.net: New funding program to offer boosts to technology researchers in Missouri
• STLtoday.com: Missouri unveils new fund to bolster high-tech ventures
• Columbia Business Times: State, local agencies using new funding source for high-tech companies
• Missouri Technology Corporation: MTC, MO SBTDC partner for new funding source for innovative high-tech companies

After reviewing the solicitation documents above, if you have any questions, please send your inquiries to:

MoTIP Coordinator
573-882-7096
motip@missouri.edu