Category Archives: 1

Missouri Ranks 15th in Nation for Small Business

According to the “Business Tax Index 2011,” the 15 best tax systems are: 1) South Dakota, 2) Texas, 3) Nevada, 4) Wyoming, 5) Washington, 6) Florida, 7) Alabama, 8)Alaska, 9) Ohio, 10) Colorado, 11) South Carolina, 12) Mississippi, 13) Oklahoma, 14) Virginia, and 15) Missouri.

How is your small business doing?

A Second Missouri Certified Site in Boone County

Congratulations to the City of Columbia on the designation of the Sutter Industrial property as a Missouri Certified Site.  You are now the ONLY County in Missouri with TWO Certified Sites.

Columbia Ranks in New U.S. News and World Report

Lower home prices and cheap mortgage rates have made home buying much more affordable than just a few years ago. For Americans looking to buy retirement property, Columbia, Missouri is a highly rated choice; number 8 to be exact. That’s where U.S. News and World Report has placed our exceptional community in their most recent Top 10 list of places where buyers can purchase property for less than $600 a month.

Tell us what YOU like about Columbia, Missouri.

Columbia MSA Up in the Milken Best-Performing Cities Index

The 2010 Milken Institute Best-Performing Cities Index ranks U.S. metropolitan areas by how well they are creating and sustaining jobs and economic growth.  The components include job, wage and salary, and technology growth.  The Columbia, MO MSA is ranked #22 up from #51 in 2009.
How do you think Columbia is doing?

Missouri Small Business Center gets $100,000

The U.S. Small Business Administration has awarded $100,000 to the University of Missouri Extension’s Missouri Small Business & Technology Development Center to promote small-business technology research around the state.  With the new SBA funds, the Columbia, Mo., center plans to offer a series of training events around the state for technology-oriented researchers.

2011 INVESTMIDWEST ACCEPTING APPLICATIONS

InvestMidwest: March 30-31 in Kansas City. InvestMidwest is accepting applications. Over 270 attended 2010 InvestMidwest, including 63 venture capital professionals and 44 companies representing 13 states from throughout the Midwest in the three industry tracks of life sciences, IT/general business and cleantech/alternative energy. InvestMidwest encourages high-growth companies (revenue projections of $20 million or higher within five years) from throughout the Midwest to apply.

2011 InvestMidwest Application Flyer

Alliance for Nanotechnology in Cancer

Did you know that the University of Missouri, Columbia is one of only six labs in the USA that are part of the NIH driven Alliance for Nanotechnology in Cancer?  Read all about the collaboration between Nanoparticle Biochem, Inc. (NBI) and Shasun Pharmaceuticals Limited.  Lead by NBI founders, Kattesh Katti and Dr. Raghuraman Kannan, Shasun NBI LLC will proceed with plans for further development of NBIs lead molecule, NBI-29 for Prostate Cancer toward FDA approval.

Annual Survey of Area Employers

Beginning in October, REDI will be conducting its’ annual survey of area employers, including a request for current number of employees.  From this information, we compile the Boone County Top Employers List.  We are always on the lookout for companies/organizations that we might be missing.  Who do you think needs to be surveyed?

AT&T Announces an Exciting Project

AT&T will be announcing an exciting project in our area that will tweak the interest of REDI’s High Speed Internet Task Force and citizens in Columbia. Join us on Thursday, September 9th at 10:00 a.m. at AT&T-Columbia, 1305 Grindstone Parkway, Columbia Missouri.

2010 Missouri Technology Expo

Celebrate discoveries, inventions and innovations in the state of Missouri.  Plan to exhibit or attend the 2010 Missouri Technology Expo on October 7th at the Christopher S. Bond Life Sciences Center.

Do you plan to attend?  Do you have something new to offer the world?

2010 Best Cities for Job Growth

Columbia, Missouri is ranked #23 on the list of Best Cities for Job Growth in the Small Cities category by Newgeography.

The methodology for the 2010 rankings emphasizes the robustness of a region’s growth both recently and over time. It allows the rankings to include all of the metropolitan statistical areas (MSAs) for which the Bureau of Labor Statistics reports monthly employment data. The data reflect the North American Industry Classification System categories, including total nonfarm employment, manufacturing, financial services, business and professional services, educational and health services, information, retail and wholesale trade, transportation and utilities, leisure and hospitality, and government.

Learn How To Pitch From The People Who Have Been There

YOU ARE INVITED: Workshop and Pitch Event on August 16-17, 2010 at the Donald W. Reynolds Journalism Institute.

Who Should Attend? Anyone with a technology or media business proposal to pitch:

  • University of Missouri students
  • Students from other colleges
  • Missouri entrepreneurs and innovators

You will:

  • Discover resources nearby to help you develop your idea into a marketable proposal
  • Pitch your idea to a panel of investors with a chance to win a trip to a global competition that will select the 100 most innovative ideas in the world
  • Get a professional evaluation of your pitch to refine it for the next pitch

Best Student Pitch wins a trip to a National Pitch Slam Contest in New York, Los Angeles or San Francisco

REDI and MURR attend 2010 Society of Nuclear Medicine Annual Meeting

REDI Vice President Bernie Andrews and staff from MURR (MU Research Reactor Center) recently attended the Society of Nuclear Medicine’s (SNM) 57th Annual Meeting in Salt Lake City, Utah, which is considered the “premier event for educational and networking opportunities in molecular imaging and nuclear medicine.”  SNM is an international scientific and professional organization that was founded in 1954 to promote the application and technology of nuclear medicine.  For more information about the annual meeting, check out their website:  http://www.eshow2000.com/snm/2010/welcome.cfm.

Attending the meeting really emphasized how important it is to promote and develop high-tech businesses.  Establishing connections with area businesses, including those with a technology focus like MURR, is just one example of how REDI is taking strides to develop Columbia’s economy and encourage the expansion of high-tech companies.   The MURR is the largest university-operated nuclear research reactor in the United States, and thus provides a great benefit to Mid-Missouri through its emphasis on research and development, education, and products and services that relate to biotechnology and nuclear medicine.  The research reactor continues to investigate diagnoses and treatments of cancers and other diseases.  MURR researchers and engineers have continued to work closely with the University of Missouri, particularly with the School of Medicine and College of Veterinary Medicine, in analyzing treatments that benefit humans and animals.

The economic feasibility that companies like MURR provides to Columbia is what REDI continues to obtain through attending conferences and trade shows.  REDI’s participation in the SNM annual meeting is key to promoting the assets like MURR that Columbia currently has, as well as attracting similar businesses to develop in the area and positively impact the city’s economy.

New Director of University of Missouri System Research Parks

Discovery Ridge Research Park has a new director!  It was announced yesterday that Greg Williams, has been appointed the Director of the University of Missouri System Research Parks, including the Missouri Research Park in St. Charles County, the Research Park at the University of Missouri-St. Louis,  Innovation Park at the Missouri University of Science and Technology, and Discovery Ridge Research Park here in Columbia.  Discovery Ridge Research Park is central Missouri’s newest research park and currently has two tenants that have nearly 300 employees.

These research parks are a viable asset to the university and the state of Missouri overall.  As Mike Nichols, Vice President of Research and Economic Development for the University of Missouri System, states, “these parks…[are] key to enhancing the university’s public/private partnerships and spurring the state’s economy.  These parks help start-up and established businesses bring innovations to the marketplace that result in more jobs and new tax revenues to the state.”

With experience as the Senior Vice President of Economic Development for Springfield and Executive Director for the Randolph County/Moberly Economic Development Corporation and Brookfield-Marceline Economic Development Council, Mr. Williams’ leadership is sure to expand the current area’s development and enhance the strong relationship that the research parks have with REDI.  We look forward to working with Mr. Williams on fostering the growth of the research parks and continuing the emphasis on technological innovation for the area.

Welcome to Columbia, Mr. Williams!

Press Notification

Linen King, an Oklahoma-based provider of laundry services to the healthcare industry will be opening a 52,000 square foot facility at 2600 Maquire Boulevard in the LeMone Office and Industrial Park.

Linen King is the largest and fastest-growing healthcare laundry group in the region. With four healthcare-specific industrial laundries, Linen King has the capacity to process almost 75 million pounds of laundry per year and will employ more than 200 people for fiscal year 2010 with revenues approaching $20MM. Linen King provides laundry service for rental and customer-owned goods accounts, as well as distribution, facilities management and consulting services. Linen King focuses on specialized, unparalleled customer service, and strives to create raving fans out of its customer base.

This is accomplished by hands-on, owner-involvement and the development of fantastic workers in a safe and relaxed environment.

Linen King expects to hire 30 people over the next 6 months, and has the capacity to grow the facility to close to 100 employees in less than 5 years. Applications for employment are anticipated to start being accepted in early July, 2010. The details of how to apply for an open position will be communicated through local media and on the internet in the coming weeks.

“This is more great news for our community,” said Columbia Mayor Bob McDavid. “Linen King will diversify our economic base in a way that’s been missing for awhile. I am very excited for the people who will fi nd work at that organization.”

A Grand Opening event is planned for sometime in August.