St. Louis Press Pass

by Gary Broome | Dec 18, 2015
2015's Best Cities to Found a Startup Outside Silicon Valley and New York (and How They Did It)
(DataFox, 12/14/15)
Certain cities have a way of creating a thriving startup ecosystem with access to capital, affordability for pre-funded companies, and other founders who can motivate and mentor new entrepreneurs. A startup's location can have a major impact on its success, from getting face-to-face meetings with potential investors to affording rent long enough to get some traction.

"St. Louis created an entrepreneurial community that thrives on teamwork," said Anisha Sekar, lead researcher on the study. "The strong network of incubators, investors and entrepreneurs provides the mentorship and access to funding that are so crucial for early-stage startups. In fact, the city ranked above the national average for early-stage companies in all four metrics we tracked: startup density, availability of funding, growth and affordability. The culture of nurturing startups, combined with a low cost of living, makes St. Louis an ideal place to found a company." - Anisha Sekar of
St. Louis Ranks High – Again – As a Start-Up City
(KMOX, 12/15/15)
In a ranking of the best cities to launch a start-up – outside of Silicon Valley or New York City – St. Louis comes in above several well-established technology hubs. >> CLICK FOR MORE
St. Louis: The tech capital for cancer
(St. Louis Business Journal, 12/11/15)

St. Louis made a name for itself internationally in the fight against cancer in 2008 when Washington University scientists decoded the complete DNA of a cancer patient and traced the disease to its genetic roots. More innovations have followed from research labs at Washington University and Saint Louis University, which also have spun out dozens of cancer-focused startups. >> CLICK FOR MORE 

Lu Alleruzzo with Immunophotonics’ proprietary drug for use in developing a cancer vaccine.

Monsanto invests in agtech startup’s $17 million deal
(St. Louis Business Journal, 12/16/15)
Monsanto Growth Ventures was among a group of investors to help Blue River Technology, an agtech startup using computer vision and machine learning to help farmers with their crops, raise $17 million. >> CLICK FOR MORE
Making the Case for More Innovation Districts
(Urban Land Magazine, 12/15/15)

Over the past decade, innovation districts have been on the rise. These technology-centric developments are popping up around the globe, from Barcelona to Seattle. Although there is no “cookie cutter” formula to these districts, they do have some elements in common. One of the key traits is that they are anchored by a major institution such as a university, hospital, corporation, or research facility. There also is a shared goal of bringing together a mix of uses such as office and research-and-development space, housing, retail, and transit all within a dense urban setting. >> CLICK FOR MORE

The Cortex district is a joint effort of Washington University in St. Louis, BJC Healthcare, the University of
Missouri at St. Louis, St. Louis University, and the Missouri Botanical Garden. (Kelly Annis/ULI)

Charlotte-based DealCloud receives $5.3 million in growth financing, names new CEO

(The Charlotte Observer, 12/17/15)
Charlotte-based software company DealCloud has completed a round of growth financing totaling $5.3 million to help fuel its global expansion and product development. DealCloud, an online platform for steamlining mergers and acquisitions, has also named Rick Kushel its new chief executive officer, effective immediately. The financing deal was led by St. Louis-based Cultivation Capital with participation from Hamilton Lane; Holekamp Ventures; Holton Capital Group; Kushel, the former CEO of iLevel Solutions; and Joe Maxwell, former CEO of Shareholder Insite, DealCloud said in a statement this week. >> CLICK FOR MORE
St. Charles among nation’s best counties for tech job growth
(St. Louis Business Journal, 12/15/15)
In what may come as a surprise to some, St. Charles County — and not the city of St. Louis or St. Louis County — is the best in the state when it comes to tech job growth. In fact, it’s one of the best in the nation.  >> CLICK FOR MORE
St. Louis among top metros for ‘Main Street’ entrepreneurship
(St. Louis Business Journal, 12/14/15)
The Kauffman Foundation, an authoritative voice in entrepreneurship across the country, has released its annual index of entrepreneurship — with a twist. This year, the foundation put a focus on measuring “Main Street entrepreneurs” — those with businesses less than five years old and employ less than 50 people. Essentially, the report is looking at established small businesses. >> CLICK FOR MORE
Investing in art for St. Louis’ sake
(The St. Louis American, 12/17/15)

“Artists always think that they have to leave – to go to Chicago, New York, L.A., anywhere but St. Louis to have a career,” said Felicia Shaw, executive director of the Regional Arts Commission. “But what we are trying to do is keep some of that homegrown talent right here in St. Louis – so that the rest of the community can benefit from their creativity.” >> CLICK FOR MORE

Photo by Lawrence Bryant / St. Louis American
RAC Artist Fellows
2015 RAC Artist Fellows were publicly presented at a special reception Friday, November 27 at The Regional
Arts Commission Building.

Businesses can help sustain positive change started by Ferguson Commission
(St. Louis Post-Dispatch, 12/15/15)
Chancellor Mark Wrighton and Washington University should be commended for their commitment to the recommendations in the Ferguson Commission's report, Forward Through Ferguson.  >> CLICK FOR MORE
Key in hand: Construction complete at Memorial Hospital East in Shiloh
(Belleville News-Democrat, 12/16/15)
With keys now in hand, it’s go-time for staff at Memorial Hospital East in Shiloh. The construction team of Holland Construction and Pepper Construction handed a large ceremonial key over to Ruth Holmes, hospital administrator, during a ceremony Wednesday morning.  >> CLICK FOR MORE
Bunge gives $1 million for St. Louis ag exhibit
(St. Louis Business Journal, 12/16/15)
Bunge North America, the St. Louis-based division of agribusiness and food company Bunge Ltd., is giving $1 million over five years to the St. Louis Science Center for a new exhibit focusing on agriculture. >> CLICK FOR MORE
Congress's spending bill includes a dozen combat jets built in St. Louis
(St. Louis Post-Dispatch, 12/16/15)
The spending bill that Congress has compromised on includes money to build an additional combat jets built by Boeing in north St. Louis County, including five F/A-18 Super Hornet fighters and seven EA-18G Growler electronic attack planes, according to members of the Missouri delegation. Rep. Ann Wagner, R-Ballwin, called it a "big win for St. Louis, national security, and most importantly our war fighters." >> CLICK FOR MORE
Corps of Engineers to get $1.3 billion funding boost in budget bill
(Belleville New-Democrat, 12/17/15)
The U.S. Army Corps of Engineers will receive a 27 percent spending boost in a $1.1 trillion budget bill working its way through Congress this week that includes money for work on the Mississippi River. >> CLICK FOR MORE
City reaches deal with McKee for land in NGA site
(St. Louis Business Journal, 12/17/15)
After months of negotiations, the city of St. Louis has reached a deal with developer Paul McKee over his property within the site the city is proposing for the new $1.6 billion western headquarters of the National Geospatial-Intelligence Agency. >> CLICK FOR MORE
ULI Says St. Louis Region Has a Good Story to Tell
(Construction Forum STL, 12/14/15)
The St. Louis area “is in the right position to be discovered,” Anita Kramer, senior vice president of capital markets for the Washington, DC-based Urban Land Institute (ULI) told an audience at the Palladium last week. >> CLICK FOR MORE
New Girl Scouts Science & Engineering Program Center
(Construction Forum STL, 12/11/15)
McGrath & Associates has begun construction on a $340,000 expansion of the Girl Scouts of Eastern Missouri headquarters at 2306 Ball Drive in Maryland Heights, Missouri. >> CLICK FOR MORE
New St. Louis fund focused on social growth investment
(St. Louis Public Radio, 12/15/15)
For some investors it’s about more than making money. Sustainable, Responsible and Impact (SRI) financial investments are becoming more common among both public and private investors. Madaket Growth, LLC, a St. Louis-based investment company, is capitalizing on that trend. Founder Christopher Desloge said they’re now starting the first SRI investment fund for qualified investors in St. Louis. >> CLICK FOR MORE
New Foundation to Support Bethalto Schools
(WBGZ Radio 12/15/15)
A highly anticipated education foundation took its first few steps in its creation at the Bethalto School Board Meeting last night. Also a Title I Grant School-wide Flexibility Model was presented. >> CLICK FOR MORE
Alton Middle School up to code: STEM-focused programs assist students’ computer coding
(The Telegraph, 12/14/15)
Alton Middle School has embraced a worldwide education focus on science and technology through participating in the “Hour of Code” initiative, as well as Project Lead the Way. >> CLICK FOR MORE
The Bosnian Renaissance in Dutchtown, St. Louis
(nextSTL, 12/16/15)
I liked St. Louis a lot more than I expected to. It’s one of those cities where having a local friend makes the difference between two bored nights on the main tourist drag and a week of exploring its eccentricities like a local. In my five days I managed to entirely miss the tourist mainstays like The Delmar Loop and City Museum. Instead I spent most of my time delving into the cultural layers made up of the Bosnians and other immigrant populations in Dutchtown and the other formerly decaying southside neighborhoods they call home. >> CLICK FOR MORE
Gateway to Better Health Care program for uninsured Adults in St. Louis City/County gets 2016 approval
(The St. Louis American, 12/15/15)
The State of Missouri has received a one-year extension of its successful “Gateway to Better Health” (Gateway) Pilot Program from the Centers for Medicare and Medicaid Services (CMS). Gateway provides primary, specialty and urgent care coverage to approximately 21,000 uninsured adults in St. Louis City and County, ages 19-64, through a network of community providers and is sponsored by the Missouri Department of Social Services in partnership with the St. Louis Regional Health Commission (RHC). >> CLICK FOR MORE
New refugee center to open in St. Louis
(Associated Press, 12/17/15)
ST. LOUIS (AP) — A center to welcome refugees from Syria and elsewhere is set to open in St. Louis. The St. Louis Post-Dispatch ( ) reports that the refugee center is scheduled to open Thursday. >> CLICK FOR MORE