The St. Louis Economic Development Partnership's (SLEDP) mission is to facilitate the development of long-term, diversified business and employment opportunities that will lead to increased wealth and well-being for the citizens, businesses, and institutions of St. Louis City and County and the entire St. Louis region. Through job creation, business growth, industry diversification, and strategic redevelopment, SLEDP contributes to the vitality of the entire region. These goals are accomplished through the work of multiple divisions, including business finance, real estate, entrepreneurship and innovation, business development, and the World Trade Center-St. Louis. SLEDP offers an array services to both large and small businesses. Further information pertaining on specific divisions may be obtained by visiting our website at www.stlpartnership.com.
COVID-19 Relief: The U.S. Economic Development Administration (EDA) has awarded CARES Act funds to The St. Louis Local Development Company, an organization under the St. Louis Development Corporation’s umbrella, to make loans to businesses that have been negatively affected by COVID-19 or that are providing goods or services addressing problems caused by the pandemic.
Specialty Loans: To encourage economic activity and job creation in the region, the Partnership provides specialty loans to businesses in the City of St. Louis and St. Louis County. Utilizing grant funds from federal agencies such as the Department of Housing and Urban Development (HUD), the Economic Development Administration (EDA) and the Community Development Administration (CDA), along with funds from local sources, the Partnership provides low-interest, subordinated loans and can be an essential part of the capital stack to make your business expansion a reality.