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Missouri organizations lead region in startup investment, announces Gov. Nixon

Statement

By: Jay Nixon
By: Jay Nixon
Date: Nov. 2, 2015
Location: Jefferson City, MO
Issues: Business and Consumers Finance and Banking

Days after Missouri was ranked the top state in the country for new business formations, Gov. Jay Nixon today announced that three of the four top venture capital investors in the Midwest are Show-Me State organizations.

According to a recent report, the Missouri Technology Corporation (MTC) of the Missouri Department of Economic Development, BioGenerator in St. Louis, and Cultivation Capital in St. Louis make up the top venture capital investors providing financing to Midwest-based companies since 2010.

"This report is further evidence that our bipartisan efforts have put Missouri at the forefront of innovation and entrepreneurship," Gov. Nixon said. "Investing in entrepreneurs today gives us a stake in their success tomorrow as they build their businesses and create high-paying jobs for families in our state."


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