Funding Startups | St. Louis Public Radio

Funding Startups

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.

Laura Callanan is a founding partner of Upstart Co-Lab, an impact investing team taht seeks to connect artists, social entrepreneurs and funding schemes.
Kelly Moffitt | St. Louis Public Radio

If you’ve spent any time around the startup space, you know that connecting entrepreneurs with funding is an essential part of the mix for a new company to be successful. You’ll also know that “creativity” is a buzzword entrepreneurs love to throw around.

But what about the initial creatives: artists? Laura Callanan is the founding partner of Upstart Co-Lab, an impact investing and business development team that seeks to connect artists with social entrepreneurs and funding mechanisms.  

(Illustration by Susannah Lohr, St. Louis Public Radio)

In May of last year, BioGenerator officials crunched the numbers and realized about a  dozen companies in their portfolio would need to raise $60 to $90 million in order to keep growing.

BioGenerator, which formed in 2003, is a sort of incubator for biotech companies in St. Louis, providing early stage funding and support for 65 companies to date.

This article first appeared in the St. Louis Beacon: It may not be quite the fast food-fuelled all-nighter of most youthful memories, but cram sessions aren’t just for university kids anymore.

“It might be relevant for college students who do it more often,” said Travis Sheridan, assistant vice president for innovation and entrepreneurship at the St. Louis County Economic Council, “but I think a lot of us could use a good cram session from time to time.”