What is Efactory?
Efactory operates as a comprehensive business incubator, training center, and support network situated within a former poultry processing plant in downtown Springfield. Established in March 2013, its core mission is to provide a one-stop solution for small business owners and entrepreneurs across southwest Missouri. The facility offers a range of services, including office space for burgeoning companies, custom training programs for established businesses, and a vital connection to Missouri State University for talent acquisition and team building. Efactory is an integral part of the IDEA Commons district, aligning with Missouri State University's vision for an urban innovation park.
How much funding has Efactory raised?
Efactory has raised a total of $500K across 1 funding round:
Grant
$500K
Grant (2025): $500K with participation from Missouri Technology
Key Investors in Efactory
Missouri Technology
The Missouri Technology Corporation (MTC) is a public-private partnership focused on enhancing entrepreneurship and supporting new high-tech companies in Missouri, particularly in life sciences and technology sectors. MTC provides venture capital, grants, and ecosystem support to emerging businesses.
What's next for Efactory?
The recent major strategic investment signals a period of accelerated growth and expansion for Efactory. This capital infusion is expected to bolster its capacity to support a larger cohort of entrepreneurs, enhance its training methodologies, and potentially broaden its geographical reach. The company's focus on providing essential resources and fostering a collaborative ecosystem positions it for continued success in nurturing new ventures and contributing to regional economic development.
See full Efactory company page
