In his State of the University address this morning, MU President Gary Forsee announced the the University of Missouri will be setting aside $5 million to help new Missouri businesses. The program will be administered through the university’s Enterprise Investment Program. The funds will be distributed over the next three years, and the first award is expected in the fall. While the specifics of the program were not completely revealed, Forsee stated that the funds will go to start-ups that meet certain requirements, such as using MU technology and locating in the state. Forsee did make it clear, however, that the start-ups will not have to come from one of the university campuses.
An experienced business attorney can help you apply for start-up funds such as these.
– ksmolawyer
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