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Missouri launches $1M grant program for incubators

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Gov. Mike Parson announced yesterday the state would use $1 million of its pandemic relief funds for a grant program designed to assist coworking and incubator organizations.

The grants will be awarded to nonprofit and university-sponsored coworking and incubator spaces to help cover costs associated with COVID-19.

“Supporting Missouri’s entrepreneurs and startup companies is key to our economy,” Parson said in a statement. “These individuals are not only developing innovative products but also businesses that will create new jobs and opportunities for the people of our state.”

Read more from the St. Louis Business Journal.

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