The BRE program serves as a critical bridge between St. Louis businesses and dedicated government and economic development personnel.
The St. Louis Economic Development Partnership (STL Partnership) proudly announces recent recognitions at the International Economic Development Council (IEDC) Annual Conference, September 17-20, 2023 in Dallas, Texas. IEDC is the world's largest organization for economic developers. awarded STL Partnership and its partners the Silver Award for Excellence in Business Retention and Expansion (BRE).
said Rodney Crim, CEO and President of STL Partnership.
IEDC serves more than 5,000 economic development professionals around the world. And each year, the annual conference recognizes outstanding special projects, community accomplishments, and excellence in economic development. IEDC received over 500 applications for his award from participants around the world, making this recognition a great accomplishment for the St. Louis community.
Over the past three years, STL Partnership has worked with partners to build a robust business retention and expansion program. Key partners include the St. Louis Development Corporation, Ameren, Spire, Greater St. Louis Corporation, the Missouri Economic Development Authority, and the St. Louis World Trade Center.
The program's primary goal is to connect local businesses that choose to invest in St. Louis with resources and support to foster continued growth and job creation within the community. The BRE Committee regularly engages with businesses of all sizes and industries throughout the City and County of St. Louis.
One notable success highlighted in the application for this award is the BRE committee's role in sustaining Kindeva Drug Delivery, which was recently spun off from Pfizer. Through collaboration and involvement with Kindeva's leadership, the BRE Committee played a vital role in keeping the company in St. Louis. This effort resulted in her significant $100 million investment in her state-of-the-art 155,000 square foot production facility in Earth City, Missouri. Quindeva's investment not only contributes to the local economy, but also strengthens St. Louis' position as a prominent hub for innovation in the healthcare industry.
STL Partnership and its partners remain committed to promoting economic development in St. Louis and fostering business growth opportunities.