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3 days ago | 
stlpr.org | Eric Schmid
Tariffs can increase revenue and protect domestic industry, but achieving the latter goal takes time and will require domestic manufacturers to find different sources of materials in the short term.
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4 days ago | 
missouribusinessalert.com | Eric Schmid
Increased tariffs imposed by the U.S. have been a hallmark of the first months of the second Trump administration. The back-and-forth policy changes from Washington threaten to upend economic growth and recent cooling inflation, as well as the global supply chains that have developed under free trade.
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3 weeks ago | 
missouribusinessalert.com | Eric Schmid
St. Louis’ third annual TechWeek kicks off Monday morning with more than 30 free events focused on different innovation sectors, including prominent ones like artificial intelligence, AgTech and geospatial. The event organized by the region’s tech council, TechSTL, is an opportunity to showcase local tech firms and talent and make connections with those outside the region, too, said TechSTL Executive Director Emily Hemingway.
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1 month ago | 
missouribusinessalert.com | Eric Schmid
The St. Louis region’s bet on advanced manufacturing as a sector to lead economic growth for years to come still hinges on the ability to fill the roles that companies in the industry have open. “A lot of the skills that you all need are not even thought of right now, today,” said Ranken Technical College President Don Pohl during a panel on the topic Thursday. “Most of our programs are two years in length.
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2 months ago | 
missouribusinessalert.com | Eric Schmid
The life sciences company Varro has picked St. Louis as where it wants to grow as it looks to develop commercially available medical devices that can rapidly detect pathogens easily spread through the air such as the flu, COVID and RSV. Varro’s new lab space in one of the Cortex Innovation Community buildings is still in the early stages of being built.
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2 months ago | 
missouribusinessalert.com | Eric Schmid
Demand for tech-focused jobs in the St. Louis area grew by a modest 1.5% between 2023 and 2024, according to an annual report released this week by TechSTL, the local tech council. The report measures the number of job postings in the past year for 55 tech occupations, which totaled 39,432 for the St. Louis region. These numbers are different from labor market statistics on employment, which can lag by several months, said TechSTL Executive Director Emily Hemingway.
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Jan 21, 2025 | 
missouribusinessalert.com | Eric Schmid
St. Louis Mayor Tishaura Jones and the members of the Board of Aldermen shepherding differing bills for how the city should spend $294 million in Rams settlement money have reached a tentative deal on a single piece of legislation. The mayor, Ward 7 Alderwoman Alisha Sonnier, Ward 13 Alderwoman Pamela Boyd, Board of Aldermen President Megan Green, and Greater St. Louis Inc. Interim CEO Dustin Allison made the announcement together on Tuesday morning.
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Jan 15, 2025 | 
missouribusinessalert.com | Eric Schmid
There’s an unfortunate reality for startups in St. Louis and the Midwest more generally: Early-stage investment capital is just hard to come by. Programs from local organizations like Arch Grants focus on this gap, and the nonprofit announced last week that Figozo, King of the Curve and iSite Media would each receive a $100,000 non-dilutive grant to support their continued growth in St. Louis.
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Jan 14, 2025 | 
stlpr.org | Eric Schmid
Startup companies are usually strapped for cash as they focus on growth, and that squeeze can feel more acute in between major milestones early on.
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Jan 8, 2025 | 
homelandsecuritynewswire.com | Delaney Dryfoos |Eric Schmid
DISASTER INSURANCEMississippi River Towns Pilot New Insurance Model to Help with Disaster ResponsePublished 9 January 2025The pilot will test parametric insurance, which pays out quickly after agreed-upon “triggers”–such as wind speeds or river heights –reach a certain level. Early on Election Day, highways in the St. Louis area were inundated with water. Over several days, intense storms battered Missouri, bringing six to 10 inches of rain — record-breaking amounts for November.
