The city of Chesterfield will convene a Tax Increment Financing Commission to examine tax incentives for public infrastructure, paving the way for a series of massive projects that would remake the city with $2.5 billion in development.
U.S. Bancorp was hit with a $37.5 million fine by the Consumer Financial Protection Bureau, which claimed the Minneapolis-based bank opened phony accounts for customers to meet sales goals. The allegations are similar to those leveled against Wells Fargo in 2016.
U.S. News’ Best Hospitals Honor Roll, released Tuesday, ranks the top 20 hospitals nationwide that excel across most or all types of care evaluated by the publication. See which St. Louis-area facilities made the list.
St. Louis Inno on Tuesday hosted its Fire Awards and Startup Exit Awards, recognizing more than two dozen startups and innovators that notched major milestones in the past year. The event marked the inaugural celebration of St. Louis Inno’s Fire Awards and the fourth year of honoring companies and entrepreneurs through the Startup Exit Awards.
“He is both an exceptional banker and a dedicated community partner,” Roger Gott, chairman and president of Town & Country Bank, said in a statement of the newly hired JeffCo market president.
Time is running out to submit your nomination for the St. Louis Business Journal's annual 40 Under 40 Awards program, which celebrates young professionals in the St. Louis region.
The deadline to submit a nomination is next Friday, Aug. 5. Click the link here to submit yours before it's too late.
In November, the Business Journal will introduce a new class of 40 young professionals who are making a difference in the St. Louis business community. To be eligible for the 2022 program, a candidate…
There’s times when I wonder whether I’m qualified to write about entrepreneurship.
I’ve never owned a business or worked for a startup. Heck, I didn’t even take a business class in college.
As I wrote the profiles for St. Louis Inno’s Fire Awards and Startup Exit Awards, I began to do some reflection and I came to this conclusion: I’ve learned more about entrepreneurship over the years than I’ve realized.
That’s because, growing up, there was a time when my parents supported…
Since raising $172 million from investors, drug development startup Wugen has made significant progress on its efforts to develop new cancer treatments, including the launch of a clinical trial.
As a teenager, inspired by the stories of some of America’s top technology entrepreneurs, Jim Eberlin began to be interested in launching companies of his own. He was motivated by the likes of Bill Gates of Microsoft, Apple’s Steve Jobs and Larry Ellison of Oracle Corp. Decades later, Eberlin has created a story of his own that can inspire other nascent entrepreneurs.
Nerdy and Benson Hill's transition from 'unicorns' to publicly trade companies may not have been as smooth as hoped, but each company's CEOs say their trajectory is far stronger than the price of their shares.
Fire Awards: Finalist - Fire starters/community builders
Responsible for leading entrepreneurship initiatives at Washington University, the Skandalaris Center for Interdisciplinary Innovation and Entrepreneurship helps the university’s students, faculty and alumni launch and grow their own startup ventures. With that, the center has had an active role in developing the next generation of local entrepreneurs. In the 2021-22 academic year, it provided nearly $100,000 in nondilutive funding to startups.…
Since its launch in 2021, the Harris-Stowe State University Minority Entrepreneurship Collaborative Center for Advancement, or MECCA, has moved fast to be a resource for minority entrepreneurs.
As an innovation hub focused on advancing the region’s bioscience industries, BioSTL has placed an emphasis on promoting diversity, equity and inclusion in St. Louis’ innovation economy by helping minority entrepreneurs create and grow startups in the bioscience sector.
UMSL Accelerate, the entrepreneurship program of the University of Missouri-St. Louis, has played a key role in seeking to boost the diversity of St. Louis’ startup economy. In 2021, it launched its UMSL DEI Accelerator, which has provided $50,000 to 11 startups led by minority founders.
Since inking a partnership with the Donald Danforth Plant Science Center in 2018, the Wells Fargo Innovation Incubator (IN2) has placed a focus on elevating agtech startups in St. Louis.
Fire Awards: Finalist - Catalysts/investors
In April, Cultivation Capital celebrated a major milestone, marking a decade of startup investments in St. Louis. With its launch in 2012, Cultivation Capital sought to fill what it believed was a funding gap locally for early stage software startups. Since then, it’s amassed an investment portfolio of more than 150 startups, backing companies in the software, agtech and life sciences sector. In 2021, it expanded its investment thesis, launching a…
With a 32,000-square-foot, high-tech knit manufacturing facility in Grand Center, Evolution St. Louis aims to help companies keep their manufacturing in the U.S. and continue St. Louis’ prowess in garment manufacturing.
Missouri’s Lt. Gov. Mike Kehoe said help is on the way for struggling businesses and families impacted by Tuesday’s floods.
Kehoe said everything is in order to get Federal Emergency Management Agency (FEMA) help. He expects the damage total to far surpass the threshold to qualify.
He visited St. Peters and St. Louis on Wednesday. In St. Peters he was accompanied by Missouri Reps. Ron Hicks and Tony Lovasco, Republicans from O'Fallon and Defiance, respectively. Kehoe said his office has also…
The carpenters union — dogged by scandal — has been writing some pretty big political checks lately. They’re mostly aimed at influencing Republican primaries in state Senate races.
Spirit's board of directors reversed their decision Thursday after repeatedly rejecting JetBlue's unsolicited bids on the grounds that a Spirit-JetBlue deal would not withstand regulatory approval.
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