Entrepreneurs are forward-thinking individuals who require support and wisdom as they explore and commercialize new research concepts. Mentorship is a key part of that support network, which is why it is a central part of the Missouri Innovation Center’s services. Resources and financing help entrepreneurs put plans into action, but without the knowledge and wisdom…
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A startup is only as strong as its founding team. This group must have the capabilities, tenacity, and teamwork required to make sound decisions as they guide a new company through the earliest stages of building a business. Diversification is a critical component for most professional teams — but it is particularly important for groups…
Leadership gaps can affect all organizations, regardless of their size, net worth, or legacy standing. In fact, a 2021 survey from consulting firm DDI affirms just how widespread leadership gaps are — and how many leaders are aware of those gaps. According to the survey findings, fewer than half of the leaders that were polled…
The Missouri Innovation Center (MIC) provides support for high-growth business ventures that improve human life and sustainability. Our emphasis is in the life sciences sector, and our facilities and services are tailored to support startups seeking to establish and grow enterprises in that sector. Life sciences startup founders are often interested in the facilities and…
At Missouri Innovation Center, we offer the mentorship and resources required to build operational frameworks around great business ideas. Part of that is establishing proper governance structures to oversee the establishment and growth of a business. While it’s easy to understand the roles of, say, a CEO or Director of HR, some leadership structures are…
Environment plays a key role in innovation. It is a critical piece of the creative puzzle that can facilitate ideas, spark synergy, and guide processes. Speaking about the importance of workspaces and where ideas come from, science author and media theorist Steven Johnson said, “If you look at history, innovation doesn’t come just from giving…
Securing that initial round of pre-seed funding is always exciting. Not only does your founding team feel they have a viable business idea on their hands, but you have convinced an outside funder to buy into your vision as well. While this is an important first step, what do you do next? Navigating the critical…
While stress is often a normal part of life, the intensity and frequency of today’s stressors are causing many people to experience frustrating (and even debilitating) levels of anxiety and depression. As of 2024, the American Psychiatric Association reported that 43% of adults in the United States felt as if their anxiousness was increasing, leading…
There’s a somewhat romanticized ideal of the budding entrepreneur who spends every last bit of personal wealth to bootstrap a business. Yet for many early-stage founders and their families, risking it all isn’t a feasible or responsible decision. That’s where angel investors can help. Angel investors are able to invest in alternative investments such as…
The process of curing cancer involves multiple complex steps, but current research indicates positive progress. In fact, one Missouri Innovation Center (MIC) client, Endevica Bio, has made great advancements in the cancer treatment space. The company’s latest biotech drug addresses cachexia, a potentially life-threatening wasting disease that can make cancer recovery challenging — or even…