Ten years ago if you wanted to grow your business in an innovative environment, that was attractive to young talent and boasted a great quality of life you would have had to look to the west coast. However, a skyrocketing cost of living has many companies turning away from Silicon Valley and looking to the center of the U.S. instead.
Enter St. Louis, Missouri.
St. Louis is quickly becoming known as one of the best regions in America for entrepreneurship and innovation, recognized globally as a leader in agtech, financial services, advanced manufacturing, defense, health innovation and distribution.
In fact, when Business Facilities, a national publication for the economic development and site selection industry, released its 13th annual review of cities and states across industry sectors and other categories of economic competitiveness, St. Louis ranked first in the nation in startup growth and fourth for STEM job growth potential.
St. Louis’ numerous innovation communities best exemplify this growth.
From Cortex to T-REX, to the new 39 North agtech innovation district, St. Louis talent is developing the latest innovations within our core industries. And it’s not just startups. Major corporations have significant presence within these districts as they collaborate with the best and the brightest to take our state into the future.
The St. Louis region also lends a great deal to Missouri’s title as the global leader in agtech. Companies such as Monsanto, the Missouri Botanical Gardens, Danforth Plant Science Center, Bunge and many more innovative companies are located in the area.
The region is also a major force in advanced manufacturing. Boeing Defense, Space and Security manufacture the latest in military aviation in their St. Louis facility, and St. Louis is also the birthplace of every GMC Canyon, Chevrolet Colorado, GMC Savana and Chevrolet Express made in the U.S. in recent years.
These companies alone have brought thousands of jobs to the St. Louis region. And Missouri’s highly skilled and hard working talent is filling these jobs. The St. Louis region has more than 20 colleges and universities that offer a range of degree programs.
Meanwhile, St. Louis offers a quality of life that rivals, and in many cases tops, many of the world’s greatest cities. The city’s low cost of living and abundance of local attractions provide our residents with fun and excitement all year round.
St. Louis is home to the world champion St. Louis Cardinals and the NHL’s St. Louis Blues, as well as numerous museums, parks, and the world famous St. Louis Zoo, along with much, much more. In fact, St. Louis was named the top city in the U.S. for 20 somethings to live and work.
So if you are looking for a region that is teeming with creativity, innovation, young talent, and a high quality of life, look no further than St. Louis, Missouri.
For more information on Missouri’s St. Louis region, contact Steve Johnson, CEO of Missouri Partnership, at 314.725.2688 or via our contact form, with any questions you might have, and learn how Missouri Partnership can help with your business expansion and investment needs.