Ameren Acclerator | St. Louis Public Radio

Ameren Acclerator

Provided: Ameren

Seven startup companies are taking part in the inaugural Ameren Accelerator program, which began this week in the St. Louis innovation district Cortex.

Ameren Corporation CEO and President Warner Baxter said bringing the utility together with startups will spur innovation that will ultimately help customers.

“They’re going to bring some technologies that we’re going to be able to study to see how we can do things around energy efficiency, how we can make the grid smarter, how we can make the grid more secure,” Baxter said.

Dan Lauer, Allison Bischoff and Brian Dixon joined St. Louis on the Air to talk about entrepreneurship in St. Louis.
Alex Heuer | St. Louis Public Radio

A new business accelerator program seeks to put entrepreneurs on a fast track to advancing innovative energy solutions.

The application deadline to the competitive Ameren Accelerator program is May 12th.

Each year for the next three years, five to seven recipients will receive office space in the Cortex Innovation Community and $100,000 in exchange for 8 percent equity in the company – all told, about $1 million in perks and benefits that are part of the highly structured 12-week program.