Missouri Technology Corporation, startups
(Maria Altman, St. Louis Public Radio)

Governor Jay Nixon is thanking state lawmakers... at least for the funds they appropriated for the Missouri Technology Corporation.

The Democrat was in St. Louis Wednesday touting the nearly $16 million the Republican-controlled legislature included for MTC in the budget passed last week. MTC provides early-stage capital to both entrepreneurs and startups.

"When MTC gives an investment everyone knows that it’s smart and effective, and the legislature going along with us to make more resources available is important," Nixon said.

AlphaLab Startup Accelerator

A bus tour highlighting Midwestern startup communities will roll into St. Louis this fall. 

The Rise of the Rest Road Tour is spearheaded by AOL’s former CEO Steve Case, and includes several investment firms, including Revolution, which Case founded in 2005.

The tour will feature a startup pitch competition in each city with the winners getting a $100,000 investment from Case. In St. Louis, that competition will take place at T-REX, a downtown co-working space and technology incubator, on Oct. 10.

(Flickr/Philip Leara)

It’s Tuesday, that magical day of the week when our thoughts turn to questions of economics, business, innovation, technology … and related topics that tickle our fancy but we haven’t been able to report on ourselves. It’s the day we say, “Don’t think we haven’t been paying attention, dear reader,” and we share some the things we’ve been reading on topics of interest. 

This article first appeared in the St. Louis Beacon: T-REx has its own building on Washington Avenue downtown, a move that could help the fast-growing business incubator raise more money and further its mission.

T-REx – which is jointly sponsored by St. Louis, the Partnership for Downtown St. Louis, and the St. Louis Regional Chamber – announced today that it has purchased the Lammert Building, located at 911 Washington Ave. According to a press release, the business incubator plans to begin renovations soon with the goal of moving in early next year.

This article first appeared in the St. Louis Beacon: Framed in front of the handsome brick incubator facility at 315 Lemay Ferry Road, Beth Noonan expresses the hopes of a lot of folks in county economic development.

“We believe that our incubators will be a place where people connect and things happen, a place where entrepreneurs can share ideas and solve problems together,” Noonan told several dozen gathered in the chilly shade of a white tent. “We look forward to working together to drive the success of our client companies and of the region.”