Missouri Governor Jay Nixon was in St. Louis again Tuesday touting the state's growing biotech sector and says a new package of economic incentives will continue to bring more hi-tech jobs to the state.
Nixon was in St. Louis County to welcome SyMyCo, the latest tenant of BRDG Park, the research and development wing of the Danforth Plant Science Center.
The company's President Mike Amaranthus says $1 million in quality jobs tax credits as well as a $250,000 low-interest loan were a key part of their decision to locate in Missouri.
Building on the success and popularity of Pepsi Refresh and similar programs, Monsanto has launched its own competitive grants for St. Louis-area non-profits.
"We're asking St. Louis to nominate, and subsequently to vote on their favorite schools, their favorite agencies, their favorite non-profits," said Monsanto CEO Hugh Grant at Tuesday's announcement of the Grow St. Louis program. "They'll have the opportunity through that voting system to win a grant. It's kind of like American Idol without the music."