Estimated reading time: 1 minute(s)
Here’s a recap of STL startup news this week. Have news to share? Email us at email@example.com
St. Louis-based Capital Innovators announced a new platform this week that allows startups to hire chief executives for part-time work. Under the program, called Triumph C-Suite Solutions, companies can hire CEOs, COOs, CFOs, CMOs and CTOs for as little as one day a week at a rate of $50 to $100 per hour. Capital Innovators recently has been ranked among the best accelerators in the country. Last month, the company announced a partnership with marketing services company Maritz and a move into the @4240 building in the Cortex district.
The Next Generation of Hackers
GlobalHack launched a new program for St. Louis-area middle and high school students interested in computer programing. The Youth Hackathon League is will host competitions between school-sponsored coding teams. The program will also provide after-school coding clubs and will lead field trips to area startup companies and co-working spaces. The program is GlobalHack’s first expansion into youth education. The director of the program, Michael Palmer founded Code Red Education, which won a Arch Grant in 2013.
STL Startup Growth
Twenty-five St. Louis startups raised at least $1 million dollars in 2015, according to the ITEN Tech Startup Report. The annual report also showed that full-time employment at tech startups increased by 36 percent last year to 1,461 full time positions in 2015 from 1,073 full-time employees in 2014. ITEN, a St. Louis-based entrepreneurial support organization, named Francis Chmelir as its new executive director in January.
Registration for Prosper Women Entrepreneur Startup Accelerator applications for Fall 2016 is open. Decisions will be made by late summer. Apply here.