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Enterprise Centers Welcome Six Startups
 St. Louis celebrates the entrepreneurial spirit of its citizens, saluting and supporting the following six companies that have joined St. Louis Enterprise Centers' small business incubator program since November 2009:
Cross Rhodes Reprographics, LLC - An advertiser, printer and distributor of construction documents for architects, engineers and construction companies joined the Midtown Enterprise Center.
Culination Courmet Catering - A full-service caterer providing a unique style of cuisine made in artisan fashion joined the Midtown Enterprise Center.
K Bakes, LLC - A specialty dessert distributor serving restaurants, cafes, hotels, and corporate meetings and events has joined the Midtown Enterprise Center.
Local Backhaul Networks - A telecommunications, engineering and network monitoring company joined the West County Enterprise Center.
ShadowOps - Sells and markets the world's smartest GPS hardware/software solutions and has joined the South County Enterprise Center.
Ves Solutions, Inc. - A voice and data networking company, serving education institutions, government and enterprise businesses has joined the West County Enterprise Center. |
| New One-of-a-Kind Loan for Entrepreneurs
St. Louis County Economic Council has unveiled an innovative small business loan program that is deemed the first of its kind in the United States and will help boost lending for entrepreneurs.
 BOOST is an alternative to the Small Business Administration's (SBA) 504 loan program, offering less restrictive requirements to borrowers seeking financing for the purchase or construction of land, buildings, machinery, and equipment within St. Louis County.
Like the SBA 504 loan program, a borrower typically injects only 10 percent of the total loan amount, its bank lends 50 percent of the total project cost and St. Louis County Economic Council lends 40 percent. While there is no maximum project size, in most cases the maximum BOOST loan is $500,000 with up to a 20-year term. In addition to receiving up to 90 percent financing, borrowers have the option of a variable or fixed rate with no prepayment penalty for the floating rate.
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| Enterprise
Center Board
Arthur G. Baebler
Board President
Patrick M. Bannister
St. Louis Development Corporation
Marc Braun
The Law Office of Marc W. Braun
George A. Brill
Talisen Technologies
John G. Gatewood
Northwestern Mutual
Matthew E. Gieseking
William R. Gilbert
Q-Up Mobile Systems, LLC
Jeffery H. Kass
Gallop, Johnson & Neuman, LLC
Kraig G. Kreikemeier
Kreikemeier Group, LLC
Judy Meador
Available for Projects
Joseph W. Mooney III
Mooney Favazza, LLP
Richard M. Palank
St. Louis County Economic Council
Janet K. Poppen
Poppen & Associates
James Seitz
Lindell Bank
Dr. Patricia A. Suess
St. Louis Community College
Kevin Wilson
Small Business Development Center |
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| U.S. Congressman Carnahan Invites Breite to Regional Job Summit
United States Congressman Russ Carnahan led a regional jobs summit at Washington University in St. Louis on December 12, 2009.
The Congressman invited Dennis Breite, vice president of St. Louis Enterprise Centers to represent the interests and growth opportunities for entrepreneurs and the business incubation community.
Approximately 25 community and business leaders attended the summit to assess the region's economic strengths and weaknesses and provide insight that Carnahan will use to create a strategic jobs action plan for the St. Louis region.
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Social Media Anyone?
 Small businesses, we need your opinion. Are you interested in participating in LinkedIn, Facebook or another social media group sponsored by the Enterprise Centers? What aspects would be most beneficial to you?
Let us know which social media you think makes the most sense for entreprenuerial support by completing a short survey. We look forward to your responses and seeing you someday soon on one of these ever-growing networks!
Link to survey. |
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St. Louis Enterprise Centers
 As a nationally recognized leader in small business incubation, St. Louis Enterprise Centers provide entrepreneurs with affordable office, warehouse and production space, shared support services, access to expert mentors, professional seminars, and valuable networking opportunities. Managed by St. Louis County Economic Council, the Enterprise Centers include four state-of-the-art facilities: Midtown, South County, Wellston, and West County.
To learn how your business can benefit from one of our small business incubators, contact Dennis Breite at 314.615.7621 or dbreite@slcec.com. To learn more about each of the Enterprise Centers, visit www.slcec.com. |
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