St. Louis Press Pass

by Gary Broome | Aug 07, 2015
Startup Connection ’15 Set for November 18 at Washington University
(Accelerate St. Louis, 8/6/15)
Startup Connection ’15, the St. Louis region’s largest event focused on innovation and entrepreneurship, will be held November 18, on the campus of Washington University in St. Louis. Startup Connection is the anchor event for Global Entrepreneurship Week, capping a week of activities across the St. Louis region. The event is presented by top sponsor Accelerate St. Louis – a collaborative of regional leaders committed to driving the growth of St. Louis’ regional entrepreneurial movement, connecting and supporting entrepreneurs, and raising awareness of the region’s innovation throughout the world.
Retired Wells Fargo Exec to Help Ex-Convicts
(Barron’s, 8/1/15)

Danny Ludeman at Covenant Theological Seminary. Photo: Paul Nordmann for Barron’s

For Danny Ludeman, God’s call came in the form of a letter. In the fall of 2013, Ludeman, then 56, announced he would step down after 15 years as CEO of St. Louis–based Wells Fargo Advisors. In a subsequent interview with the local press, he mentioned that after leaving Wells, he wanted to spend 100% of his time “helping other people,” perhaps by running a nonprofit organization. As you might expect, his mailbox was flooded with offers. But one in particular caught his eye.>> CLICK FOR MORE
(St. Louis Post-Dispatch, 8/5/15)

Fair St. Louis fireworks light up the St. Louis skyline on Thursday, July 4, 2013.
This picture was shot from the roof of the Pierre Chouteau building in 4400 Lindell Blvd.
Photo by David Carson,

Economists at PNC Bank have a cheery view of the St. Louis economy, forecasting more jobs and rising household income over the next couple of years. “For the first time since the recovery from recession began, St. Louis is enjoying steady job growth and labor force gains across the majority of its economic base,” the bank’s economists said. >> CLICK FOR MORE
St. Louis named top hotspot for entrepreneurial students
(St. Louis Business Journal, 8/5/15)

Saint Louis University
St. Louis is among the nation’s top cities for entrepreneurial college programs. In fact, there’s no city in the United States that’s better, according to The Princeton Review. In its annual rankings of all things college, The Princeton Review rated Washington University as the 16th and Saint Louis University 23rd among all college entrepreneurial programs. >> CLICK FOR MORE
NGA in North St. Louis
(Stay Tuned, 7/30/15)
A video from Nine Network on the National Geospatial-Intelligence Agency in North St. Louis. >> CLICK FOR MORE
Evogene’s work on insect control genes advances to St. Louis
(St. Louis Business Journal, 8/4/15)
Evogene Ltd., a biotech company that has partnered with Monsanto for nearly a decade, announced Tuesday it has completed the discovery round for microbial genes with insecticidal properties.Those genes will be validated against target insects at the company’s R&D site in St. Louis, with that phase to be completed next year, officials said. Inserted into a target crop, such genes and their insecticidal traits protect plants from certain harmful insects.>> CLICK FOR MORE
ISTO Technologies wins $1.2 million grant
(St. Louis Business Journal, 8/4/15)
ISTO Technologies, a privately-held orthobiologics company working to develop ways to repair and regenerate damaged or injured cartilage and bone, has won a Small Business Innovation Research (SBIR) grant from the National Institutes of Health that is worth up to $1.2 million. The money will be used to help fund pre-clinical research for the application of their biosynthetic scaffold, called InQu, which repairs chondral defects. >> CLICK FOR MORE
Intel: Inside the St. Louis-Israel Innovation Connection
(Alive St. Louis, 7/24/15)
If you haven’t yet heard how St. Louis and Israel are connected, you’re not necessarily behind. The formal initiative, forged just last year as BioSTL’s St. Louis-Israel Innovation Connection (SLIIC), brings Startup Nation and our slice of Silicon Prairie together for mutually beneficial business collaborations.  >> CLICK FOR MORE
Cofactor Genomics now backed by Y Combinator
(St. Louis Business Journal, 8/3/15)               
Cofactor Genomics, a DNA and RNA sequencing service that operates out of the Cortex innovation district, is now a Y Combinator-backed startup. As part of the deal, Cofactor is receiving a $120,000 investment from Y Combinator, the Silicon Valley-based accelerator that is widely considered to be the best in the world for early stage companies, in exchange for a 7 percent equity stake in the company.>> CLICK FOR MORE
Fenton, Missouri-Based Mid America Logistics Expands Freight Services
(Area Development, 8/5/15)
Fenton, Missouri-based Mid America Logistics continues to expand its rapidly-growing logistics company that provides freight brokerage and asset-based freight services. “Mid America Logistics’ growth has come from capitalizing on our niche in the freight industry with excellent talent, proprietary software and an operating model engineered to provide a robust and great customer experience,” said Mid America Logistics’ Martin Brading. >> CLICK FOR MORE
Community Health Systems to spin off four Southern Illinois hospitals, among others
(Illinois Business Journal, 8/4/15)
Community Health Systems, Inc. has announced plans to create a new publicly traded hospital company by spinning off to stockholders a group of 38 hospitals, including four in Southern Illinois. Also to be spun off as part of the arrangement is Quorum Health Resources, LLC, a hospital management and consulting business. The new company will be named Quorum Health Corporation to leverage the existing strength of the Quorum brand, the company said. The spin-off is intended to be tax-free to Community Health Systems and its stockholders and is expected to be completed in the first quarter of 2016.>> CLICK FOR MORE
10 STL Contractors Make ENR List
(Construction Forum STL, 8/4/15)
Ten firms either based in St. Louis or with strong St. Louis connections were included in Engineering News-Record’s June 20, 2015 list of the Top Midwest contractors. >> CLICK FOR MORE
Impact Completes Granite City Green Community
(Construction Forum STL, 8/4/15)
Construction-management firm IMPACT Strategies has completed constructing the second phase for the federally-funded Granite City Green Communities project, a nearly $4 million multifamily development located at Nameoki Road and Edwards Street in Granite City, Illinois. The Granite City Housing Authority hired Impact Strategies to lead construction of the project, which began last August and wrapped up at the end of July. >> CLICK FOR MORE
AFL-CIO Invests $46 million in Multifamily
(Construction Forum STL, 8/3/15)
The AFL-CIO Housing Investment Trust (HIT) announced today that it is providing $46 million in financing for two multifamily developments in the greater St. Louis area. Cardinal Ritter Senior Services’ St. John Neumann Apartments in Jennings, Missouri, and The Heights at Manhasset Apartments in Richmond Heights, Missouri, will provide 381 units of multifamily housing. >> CLICK FOR MORE
Black-owned WA Architects has designs on St. Louis
(The St. Louis American, 7/30/15)
For the last several years, WA Architects, a Cincinnati-based black-owned architectural firm, developed a strong focus on health care design, with projects in its hometown, in Pittsburgh and with Washington University Medical Center here in St. Louis. As its focus sharpened, WA hired architects who specialize in health care design from across the nation in order to grow its business. Two years ago, WA expanded from two locations in Ohio to open a third office in downtown St. Louis, based in part on its ongoing work with the BJC campus renewal project>> CLICK FOR MORE
Saint Louis U. lowers tuition for first responders
(AP Press & Fox2Now, 8/6/15)
Saint Louis University will offer a reduced tuition rate for first responders seeking to pursue bachelor’s degrees or certificates in the university’s School of Professional Studies.The university says the reduced rate of $400 per hour is effective for the fall term, which begins Aug. 17. The rate, more than $200 below the normal hourly rate, is available for both new and returning professional studies students. >> CLICK FOR MORE
Prosper startup accelerator wins another grant from SBA
(St. Louis Business Journal, 8/5/15)
Prosper Capital, the St. Louis-based startup accelerator for women-owned businesses, was awarded a $50,000 grant from the U.S. Small Business Administration. The grant was announced Tuesday at the White House as part of White House Demo Day. Prosper is led by Jennifer Ehlen and is a nonprofit organization that oversees the Prosper Institute. The organization is designed to train and mentor women in the entrepreneurial community. Its for-profit division, Prosper Capital, oversees Prosper’s angel investor network and the accelerator. >> CLICK FOR MORE
University program seeks to grow young scientists
(St. Louis Post-Dispatch, 8/3/15)
Seventeen high school students have spent the past eight weeks working alongside mentors at Washington University’s medical campus, part of a program designed to attract more young women and minorities to science disciplines at colleges and universities. The St. Louis Post-Dispatch reports that in addition to mentoring, Washington University’s Young Scientist Program pays students $2,500 and provides instruction on applying for college and financial aid.>> CLICK FOR MORE
Nixon announces $1M set to help at-risk St. Louis students
(Fox2Now, 8/5/15)
About $1 million in Missouri taxpayer money is set to go to an education nonprofit tasked with helping at-risk St. Louis youth.
Gov. Jay Nixon on Wednesday announced the money from the Department of Public Safety will pay for an AMIkids Inc. pilot program 
Gateway Arch to celebrate 50 years
(KSDK, 8/6/15)
On October 28 the Arch will celebrate its 50 years of existence, and multiple organizations are planning celebrations for the landmark's landmark birthday.>> CLICK FOR MORE
A-B invests in HBCU students
(The St. Louis American, 8/6/15)
Thirty college students from across the country came to St. Louis from July 23-25 for the fourth annual Anheuser-Busch Legends of the Crown leadership symposium, where they accepted $150,000 in scholarships while participating in workshops on career planning and leadership development. Legends of the Crown, a program Anheuser-Busch created in partnership with the United Negro College Fund (UNCF), is an investment in the development of the next generation of leaders at Historically Black Colleges and Universities (HBCUs). Each student received a $5,000 scholarship. >> CLICK FOR MORE
Higher Education: SWIC to partner with SIUC to offer aviation classes
(Belleville News-Democrat, 8/5/15)
Southern Illinois University Carbondale will offer its bachelor of science degree in aviation management through off-campus classes at Southwestern Illinois College in Belleville beginning this month. >> CLICK FOR MORE
Girl Scouts get $25,000 robotic boost from Monsanto Fund
(Illinois Business Journal, 8/15)
Girl Scouts of Southern Illinois has received a $25,000 grant from the Monsanto Fund to support Girl Scout STEM Robotics Leadership in Jersey, Macoupin, Madison and St. Clair counties.Robotics are a key component of GSSI’s commitment to giving girls opportunities in science, technology, engineering, and math (STEM)..>> CLICK FOR MORE
Veterans and volunteers conduct an extreme makeover for Jackie Joyner-Kersee Center
(KTVI, 8/1/15)
A new playground, a new sidewalk, two new libraries plus a new brick walkway and more, all in five hours: It would take an army to pull that off. It was “mission accomplished” Saturday for an Olympic great and St. Louis area kids in need. >> CLICK FOR MORE
Funding for Ferguson: Investments, Donations Add Up to Hundreds of Millions of Dollars
(KMOX, 8/6/15)
KMOX News this week is taking a look at how much financial support has been promised to Ferguson, Dellwood, and surrounding communities in response to last year’s Ferguson unrest and cries for change.>> CLICK FOR MORE
Effort continues to help Ferguson area businesses a year after shooting
(Illinois Business Journal, 8/15)
Some $800,000 has been raised to help rebuild the business base in the North County area of St. Louis in the year since unrest began over the Michael Brown shooting, a sponsoring organization said today. Almost one year ago, the St. Louis Regional Business Council organized the Reinvest North County Fund as an immediate business response when civil unrest began in Ferguson. To date, more than $262,000 has been given to 55 small businesses and another $238,000 has been given to provide capacity-building assistance. Some $235,000 has been given to the Normandy Schools Collaborative, Ferguson-Florissant School District, Riverview Gardens School District and Jennings School District. >> CLICK FOR MORE
Hope Center Receives Grant
(WBGZ Radio 8/7/15)
The Community Hope Center has won a $60,000 grant from the Wal-Mart Foundation. The grant will allow the center to continue to serve its clients in a way many who donate don’t often think about – the transportation end of the service. Denise Ukena, Assistant Executive Director at the center, tells The Big Z they hope to buy a pair of delivery trucks with the money. >> CLICK FOR MORE
HOK’s STL Engages Employees, Clients, Community
(Construction Forum STL, 8/3/15)
HOK is celebrating the 60th anniversary of its founding in St. Louis with a renewed commitment to Downtown St. Louis in new office space that engages employees, clients and the downtown community. The firm has re-interpreted one of its earlier building designs at 10 South Broadway to capitalize on its location between the neighboring Ballpark Village and the Gateway Arch grounds, which is being remodeled. That includes reactivating the plaza at Market and Fourth streets while creating an optimal office environment and space for community engagement. >> CLICK FOR MORE
World Wide Technology unveils new headquarters as part of Westport Plaza expansion plan
(St. Louis Business Journal, 8/7/15)
Tax incentives for a $95 million plan to expand and renovate Westport Plaza were discussed Thursday night at a Maryland Heights City Council meeting. The plans include a new headquarters for World Wide Technology. According to the St. Louis Post-Dispatch, the process began by convening a special tax commission to review the project.>> CLICK FOR MORE
Post reports Q3 profit as acquisitions thrive
(St. Louis Business Journal, 8/7/15)
Post Holdings' gross profit more than doubled in the fiscal third quarter of 2015 to $316.5 million, thanks to the 2014 acquisition of Michael Foods.The consumer packaged goods holding company posted fiscal third-quarter net earnings of $19.8 million, compared with a loss of $39.3 million in the prior-year quarter. >> CLICK FOR MORE
Frank Viverito is bringing big time sporting events to St. Louis
(The St. Louis American, 8/15)
Palmer Alexander III of The St. Louis American and sits down with Frank Viverito, president of the St. Louis Sports Commission. Viverito talks about St. Louis' efforts to bring a Final Four back to STL, the St. Louis Rams stadium situation, and what the St. Louis Sports Commission is doing to bring the biggest and best events to the region.>> CLICK FOR MORE