Dedric Carter has been appointed as the new chairman of the Missouri Technology Corp. by Gov. Mike Parson, according to a press release from the Missouri Department of Economic Department.
The Missouri Technology Corp., or MTC, is a public-private partnership created to encourage entrepreneurship and promote the growth of technology companies in the state.
The organization has faced heightened funding concerns over the last year, in the midst of state budget cuts due to the pandemic. Even before the onset of COVID-19, state funding for the MTC had diminished in recent years.
Carter is a vice chancellor and professor in the McKelvey School of Engineering and Olin School of Business at Washington University in St. Louis.
Before joining the university, he worked as an adviser in the Office of the Director at the U.S. National Science Foundation, according to the release. There, he initiated the I-Corps program, which helps guide research on entrepreneurship.
Carter was initially appointed to the MTC board in January 2017 and began to serve as its vice chairman in October 2017.
Carter said he hopes to contribute his effort to energize Missouri ventures.
“We have a significant opportunity for greater impact, thanks to the vision and hard work of those who have been instrumental in building a solid foundation for the opportunities that lie ahead,” Carter said in the release. “I am eager to continue my work in this new capacity and see where the road will take us next.”