Cortex | St. Louis Public Radio

Cortex

(Bart Nagel)

Have an idea but no tools to develop it?

There may soon be a place in St. Louis where entrepreneurs and hobbyists can turn their plans into reality.

TechShop, a company already in seven U.S. cities, provides space, industrial equipment and classes for both amateur and professional inventors.

CEO Mark Hatch said St. Louis has the right elements for the company, including a robust start-up scene.

This article first appeared in the St. Louis Beacon: If the big question on the collective mind of the St. Louis entrepreneurial community is how to get there from here, then a co-founder of Mapquest.com would seem to be the perfect guy of whom to ask directions.

“This is where the action is going to be,” Chris Heivly told a sizable crowd of the local startup world’s best and brightest. “I think capital will be redistributed over the next few years and doing this kind of stuff from the get go [is good]. … Just keep putting gas in the car and great things are going to happen.”

(via Flickr/breahn)

Earlier this month, business leaders and St. Louis City and County officials announced a new effort to support entrepreneurs and startup companies in the St. Louis region.  The goal is to raise $100 million over the next five years.

HOK

One of the country’s largest startup incubators will soon be moving into the Cortex bioscience district in St. Louis.

The move marks Cambridge Innovation Center’s first expansion out of the Boston area, where it houses more than 500 small to mid-sized companies.

CIC’s president and CEO, Ranch Kimball, says he expects the new St. Louis facility to attract mostly technology startups, but says CIC will be open to a variety of businesses.

(via Flickr/breahn)

The numbers are pretty impressive, more than three dozen new biotech startups now call St. Louis home and collectively they’re hauling in tens of millions of dollars from investors.

(Missouri Department of Natural Resources)

One piece of a planned $2.1 billion expansion of the life sciences district Cortex has fallen into place.

Rachel Lippmann/St. Louis Public Radio

The life sciences district known as Cortex has gotten initial approval for the first phase of its $2.1 billion expansion plan.

The city's Tax Increment Financing commission voted today to authorize about $35 million in incentives for the first phase, which totals about $160 million.

The phase includes new office and laboratory space, a new Shriners' Hospital, and a streetscape known as Cortex Commons. Here's how it breaks down:

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