St. Louis Tech Triangle
Coalition Lead: Greater St. Louis, Inc.
Phase 2 Award: $25 million
Private Investment (Sept. 2022 – Sept. 2024): 8.5 million
Additional Public and Nonprofit Funding (Sept. 2022 – Sept. 2024): $68 million
Project Description:
The St. Louis Tech Triangle is utilizing a $25 million BBBRC grant to converge the region’s three leading industry clusters of biosciences, geospatial, and advanced manufacturing, and build a national model for inclusive economic growth. The St. Louis Tech Triangle’s work is strengthening the global competitiveness of the region’s distinct-but-related industries, while distributing the benefits of this economic growth.
The coalition brings together regional partners including BioSTL, WEPOWER, Harris Stowe State University, the St. Louis Small Business Empowerment Center, Cortex Innovation Community & Active Pharmaceutical Ingredient Innovation Center, Southwest Illinois Community College, Greater St. Louis Inc., and the Rung Foundation.
As of September 2024, the coalition has made significant strides in achieving its vision:
- WEPOWER has launched its first accelerator cohort, which includes 18 participants, that is specifically focused on the construction industry. WEPOWER is partnering with other coalition members to expand entrepreneurial and business development services linked to the region’s advanced manufacturing and bioscience growth cluster.
- The API Innovation Center has successfully entered into a partnership with United States Pharmacopeia to pave the way for a resilient and economically sustainable supply of critical medicines. These two entities will coordinate the development, manufacturing, and approval of prioritized oncology drugs intended to achieve the greatest patient impact.
- BioSTL is actively supporting startups and facilitating networking connections to help strengthen the economic ecosystem in the greater St. Louis region. Such efforts are integral to ensuring that the benefits of the coalition’s work is shared among residents.
Coalition Overarching Narrative (applicant submitted) (PDF)
Related Links
- Learn more about BioSTL, the nonprofit helping lay the foundation for the region’s innovation economy.
- Learn more about WEPOWER’s work in increase wealth among Black and Latino households living in historically high poverty communities.
- Learn more about the API Innovation Center’s work in delivering the commercial supply of American-made active pharmaceutical ingredients.
- Learn more about the St. Louis Tech Triangle and the efforts ignited by the 2030 Jobs Plan.
In the News
- A Generational Model for Inclusive Clusters in St. Louis’ Tech Triangle
- A Look at the St. Louis Innovation Ecosystem
- The API Innovation Center, Apertus Pharmaceuticals bring API production of critical generic cancer drug to U.S. soil
- API Innovation Center’s Feature on Nine PBS St. Louis for Efforts in Bringing Critical Drug Production Back to the United States
- API Innovation Center Hosts Economic Impact Forum on Revitalizing U.S. Pharma
- Mining the reshoring rush: Targeting government spending