• St. Louis Press Pass

    Dec 02, 2016
    Pfizer Inc. Plans $200 Million Operations Campus In Chesterfield, Missouri
    (Area Development News, 11/22/16)
    One of the world’s premier biopharmaceutical companies, Pfizer Inc. will lease a new, $200 million, state-of-the-art production and operations center in Chesterfield, Missouri. The plans to create 80 jobs in the western suburb of St. Louis. >> CLICK FOR MORE
    St. Louis jobless rate fell to 4.7 percent in October
    (St. Louis Post-Dispatch, 11/30/16)
    The metro St. Louis unemployment rate dropped to 4.7 in October from 5 percent in September as the region added jobs and the number of jobless fell, the government reported Wednesday. >> CLICK FOR MORE
    Local communities celebrate Small Business Saturday
    (KMOV, 11/26/16)
    Communities around the St. Louis Metropolitan area celebrated Small Business Saturday; a tradition that’s been going on for several years. >> CLICK FOR MORE
    Geospatial firm moving HQ from New York to St. Louis
    (St. Louis Business Journal, 11/28/16)
    Boundless, an open source geographic information system (GIS) company, is moving its headquarters from New York City to St. Louis. >> CLICK FOR MORE
    TierPoint makes $13 million investment
    (St. Louis Business Journal, 11/21/16)
    St. Louis-based data center operator TierPoint has completed approximately $13 million worth of upgrades at two of its northeastern data centers. >> CLICK FOR MORE
    Startup Connection 2016 Increases Startup Participation And Attendance
    (EQ, 11/21/16)
    The event, which has grown in size every year, is designed to give St. Louis’ top startups an opportunity to present to investors, other entrepreneurs, and all members of the innovation community. >> CLICK FOR MORE
    Nothing Impossible: Sunday, November 20th
    (KMOX, 11/20/16)
    Travis Sheridan is joined KMOX's own Debbie Monterrey who is filling in for co-host Michael Calhoun. Sheridan and Monterrey talk to a few winners of awards from around the St. Louis area. >> CLICK FOR MORE
    Can spending money on trails and density grow tech jobs in St. Louis County?
    (St. Louis Post-Dispatch, 11/28/16)
    Economic development officials are hoping to replicate the success of the Cortex technology district in the suburbs. >> CLICK FOR MORE
    BJC gets approval to move forward with expansion of West County hospital
    (KTVI, 11/21/16)
    BJC Healthcare is getting the green light to move forward with plans to transform the campus in West St. Louis County. >> CLICK FOR MORE
    St. Luke's invests $2.5 million in new imaging center
    (St. Louis Business Journal, 11/30/16)
    St. Luke's Hospital is opening an outpatient imaging center in Ellisville, its sixth such center in the region. >> CLICK FOR MORE
    RiverVest closes on $15 million biopharma fund focused on St. Louis
    (St. Louis Business Journal, 11/30/16)
    RiverVest Venture Partners, the Clayton venture capital firm that has long been considered one of the most successful investors in the biopharmaceutical and life sciences sectors, has closed on a $15 million pre-seed fund that will focus on investing in St. Louis or Midwestern startups. >> CLICK FOR MORE
    BioSTL gets grant to support inclusion efforts
    (St. Louis Post-Dispatch, 12/1/16)
    BioSTL, a support group for the biological sciences in St. Louis, has received a $420,000 Kauffman Foundation grant aimed at helping women and minority entrepreneurs. >> CLICK FOR MORE
    CME delays corn futures contract listings, eyes St. Louis delivery point
    (Reuters, 11/22/16)
    The CME Group will delay listing of two corn futures contracts that had been scheduled to start trading on Dec. 14 as it continues a review of delivery points which could expand to St. Louis in Missouri, the exchange said in a statement on Tuesday. >> CLICK FOR MORE
    From penguin hearts to addax embryos: St. Louis Zoo's 'frozen zoo' helps preserve, save lives
    (St. Louis Post-Dispatch, 12/2/16)
    There’s another zoo in St. Louis, and it sits in the shadow of Highway 40, behind wooden gates and laboratory doors, inside 13 freezers and 10 tanks filled with liquid nitrogen. >> CLICK FOR MORE
    Gov. Nixon: Bayer confirms commitment to Missouri
    (St. Louis Business Journal, 11/21/16)
    Gov. Jay Nixon said his trip to Germany to meet with Bayer AG, the company poised to acquire Monsanto Co. (NYSE: MON), was successful and that Bayer executives have reaffirmed their commitment to keep St. Louis as the North American headquarters of the newly merged company, according to a release. >> CLICK FOR MORE
    The Best of the Best: Site Selection Assistance From Coast to Coast
    (Inbound Logistics, 11/2016)
    Geography. Cost of living. Taxes. Utilities. Managing the many facets involved in site selection can be challenging, if not overwhelming at times, whether companies are expanding business and logistics operations to a nearby city or moving their headquarters to a different state. >> CLICK FOR MORE
    Long quiet Hazelwood business park poised to add three more warehouses
    (St. Louis Post-Dispatch, 11/25/16)
    The long wait for serious development to begin at a Hazelwood industrial park appears to be over. >> CLICK FOR MORE
    'Makers' use TechShop to build their businesses
    (St. Louis Post-Dispatch, 11/18/16)
    Bobbie Carroll always thought of herself as a creative person, but she never expected to become an expert on a laser cutter and use it to make money. >> CLICK FOR MORE
    SIUE weCode event to teach beginning programming to high school students
    (Riverbender.com, 11/23/16)
    Southern Illinois University Edwardsville School of Engineering’s Department of Computer Science is offering high school students an opportunity to experience programming, a skillset that is increasingly in demand across industries. >> CLICK FOR MORE
    Ranken's home-building program gives students a head start in carpentry
    (St. Louis Post-Dispatch, 11/27/16)
    With a big smile, Melvin Dukes proudly points to the parts of the kitchen wall, an archway to the bathroom, a whole wall of siding outside and other intricacies of a house in north St. Louis that he’s helping build. >> CLICK FOR MORE
    Riverview Gardens regains state accreditation
    (St. Louis Post-Dispatch, 12/2/16)
    The Riverview Gardens School District will be provisionally reaccredited on Jan. 4 after almost a decade without the basic seal of approval from the state. >> CLICK FOR MORE
    Raising the stakes for early childhood education; apprenticeships look to professionalize the field
    (St. Louis Public Radio, 11/27/16)
    In one of the baby rooms at University City Children’s Center, half a dozen infants are taking naps, drinking out of sippy cups, and trying to figure out how to roll over. >> CLICK FOR MORE
    St. Louis joins national initiative to reduce greenhouse gas emissions from buildings
    (St. Louis Public Radio, 11/25/16)
    Nearly 80 percent of St. Louis' greenhouse gas emissions comes from buildings, according to 2015 data from the city's sustainability office. A new partnership with a national energy efficiency initiative could help St. Louis address the impacts its buildings have on the environment. >> CLICK FOR MORE
    Imagine a Better St. Louis: Breathing new life into a neighborhood
    (KMOV, 11/29/16)
    The organization Better Family Life has a $20 million plan to revitalize part of Page Boulevard. >> CLICK FOR MORE
    The Bottom Line: Building Boom
    (St. Louis Post-Dispatch, 11/20/16)
    St. Louis is undergoing a development boom, with apartment buildings popping up and plans for new office buildings underway.  David Nicklaus and Jim Gallagher probe the reasons behind all the new construction. >> CLICK FOR MORE
    In-Depth: From Saigon and Sarajevo to St. Louis, Refugees Revive City
    (Refugees Deeply, 12/1/16)
    Few U.S. metropolitan areas transform as noticeably from one neighborhood to the next as St. Louis. >> CLICK FOR MORE
    St. Louis delegation to Vietnam looks to foster trade in Southeast Asia as TPP on the chopping block
    (St. Louis Public Radio, 11/28/16)
    The trip was designed to develop economic ties between businesses in St. Louis and Vietnam, particularly with a group called the CEO Club of Vietnam, which gave participants access to decision makers in the country. >> CLICK FOR MORE
    Student recounts journeys from refugee camp in Syria to Webster University
    (USA Today, 11/23/16)
    Webster University International Studies major Wafaa Abu Elula is a Palestinian Syrian. Her home a refugee camp in Damascus. While there, she felt the shaking of bombs being dropped around her home as civil war was breaking out. >> CLICK FOR MORE
    STL Youth Jobs expands in North County
    (KMOV, 11/22/16)
    A program trying to steer young people toward careers, not crime, is expanding and accepting applications. >> CLICK FOR MORE
    World’s largest gathering of museum professionals coming to St. Louis
    (The St. Louis American, 11/30/16)
    The American Alliance of Museums will host its 2017 Annual Meeting & Museum Expo in St. Louis on May 7-10, when more than 5,000 museum professionals from across the United States and abroad will gather in the Gateway City, along with representatives from more than 40 St. Louis-area museums and historic sites. >> CLICK FOR MORE
  • St. Louis Region Receives Grant to Address Equity in Entrepreneurship

    Dec 01, 2016

    While startup activity in the St. Louis region and in the United States is rising, women and minorities consistently have lower rates of entrepreneurship.  Addressing the gender and racial equity in the startup community has become a core priority for the region.  To align efforts, the St. Louis Equity in Entrepreneurship Collective was formed.  The initial Collective comprises twelve St. Louis area nonprofit and governmental organizations, including the St. Louis Regional Chamber.

    The Collective is one of 12 recipients of the Kauffman Inclusion Challenge grant nationwide and will receive $420,000 over two years from the prestigious Ewing Marion Kauffman Foundation to help female and historically underrepresented entrepreneurs of color in high-growth sectors.  The Collective will help ensure that St. Louis’ high-tech, high-growth entrepreneurial pathways are open for all to participate and benefit. “Entrepreneurship is a pathway to prosperity for all communities, but especially for communities of color and women in St. Louis who have been historically disenfranchised or underserved,” said Dr. Cheryl Watkins-Moore, head of the Inclusion Initiative for BioSTL, the organization that conceptualized and submitted the grant on behalf of the Collective. “Together, we want to help ensure there is gender and racial equity in the start-up community, which means an entrepreneur’s success cannot be predicted based on their identity.”

    In awarding the Collective a grant, Kauffman signaled that the group has the potential not only to transform the way St. Louis supports underrepresented entrepreneurs, but could also serve as a model for replication in similar regions across the country. “Entrepreneurship in America should be available to everyone, yet women and minorities continue to face more obstacles to starting businesses when it comes to accessing funding, education, mentors and markets,” said Victor Hwang, vice president of Entrepreneurship at the Kauffman Foundation. “The Inclusion Challenge grants will enable these outstanding support organizations to expand their services to empower more entrepreneurs and help them succeed. The nation and our economy as a whole will benefit from more entrepreneurs generating income and wealth in traditionally underserved markets.”

    The importance of racial equity in policy, program design, and resource allocation – as a step beyond diversity and inclusion – became the focus of the Ferguson Commission report after the unrest in Ferguson in August 2014.   The Collective is working to purposefully align its work with the report and organizations working to apply a racial equity lens in other areas of the community.  This alignment provides a framework that can be used to advance gender equity and address other identity-based inequities that may exist.  The Kauffman grant will help the Collective gather regional baseline data and build ongoing tracking systems, receive individual anti-bias training for ESOs, complete a needs assessment and pilot new activities.  

    Initial members of the Collective that have committed to a more intentional and rigorous process of building an equitable entrepreneurship ecosystem are (in alphabetical order): Arch Grants – BioSTL – Center for Emerging Technologies (CET) – Cortex – IT Entrepreneurship Network (ITEN) – Missouri Small Business Development Center – Prosper Women’s Entrepreneurs – St. Louis Economic Development Partnership – St. Louis Makes – St. Louis Regional Chamber – T-Rex – Venture Café.  The Collective membership is expected to broaden and, over the course of the work, members will engage a wide range of partners working to build a robust entrepreneur start-up community in St. Louis.