ITEN Infographic Illustrates the State of Tech Start-Ups in St. Louis

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St. Louis is a fertile environment for emerging tech companies in the U.S.

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“There are numerous and significant benefits for launching a tech startup in the St. Louis area,” said Jim Brasunas, Executive Director of ITEN.

ITEN (Information Technology Entrepreneur Network) of St. Louis today released an infographic illustrating St. Louis as a great city for tech startups and emerging technology companies.

ITEN’s infographic compares data on cost of living, average salaries, taxes, and lifestyle elements from several tech-friendly cities across the U.S. Some of St. Louis’ economic advantages and entrepreneurial resources include:

●    Ranking among the top 20 cities for number of Gen Y employees in the workforce
●    Average cost of living and average developer salaries significantly lower than Silicon Valley, Boston, New York and Austin
●    Washington University in St. Louis and St. Louis University are ranked among the top entrepreneurship programs in the country

ITEN provides unique programs, events, and resources to accelerate tech ventures in the St. Louis area. ITEN created the infographic to demonstrate why start-ups don’t need to head to one of the coasts to grow and prosper, and can benefit from sinking roots in St. Louis.

“There are numerous and significant benefits for launching a tech startup in the St. Louis area,” said Jim Brasunas, Executive Director of ITEN. “Aside from the obvious advantage in cost of living, salaries and corporate taxes, St. Louis is growing a skilled workforce that is important not only for startups but established companies, too.”

Brasunas also noted that the infographic highlights many of the startups that have raised millions of dollars and are driving talent growth and innovation.

To view the infographic, please visit http://www.itenstl.org/news.

About ITEN
ITEN (The IT Entrepreneur Network) is an operating entity of Innovate St. Louis, a 501(c)3 not for profit corporation started in April of 2008. As a catalyst of the IT ecosystem, ITEN provides unique programs, events, and access to resources that accelerate tech venture success. Currently, ITEN serves over 220 start-up ventures and involves over 120 volunteer mentors. ITEN's programs form a venture roadmap from concept through design, prototype, launch, revenue, funding and rapid scaling. Guidance from serial entrepreneurs, subject matter experts and important community influencers helps entrepreneurs focus on essential critical tasks and avoid wasted efforts. Access to investors, key service providers and qualified talent means lower barriers to rapid growth. Designed by entrepreneurs for entrepreneurs, requiring neither payment nor equity, ITEN is a unique community asset and a proven route to venture success.

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