How the U.S. government could increase seed capital in the Midwest

Every founder, funder, and entrepreneurial support organization in the Midwest says the exact same thing: There just isn’t enough early-stage capital. Even a city with a relatively well-developed (by non-Silicon Valley standards) venture capital scene, like St. Louis, still faces a severe shortage of seed and pre-seed funding.
That problem led several organizations to create the $5 million Spirit of St. Louis fund, which focuses on the lack of early-stage funding in the St. Louis metr