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### Organization Continues to Support Small Businesses in St. Louis Area During National Small Business Week

**ST. LOUIS (April 29, 2024) –** As National Small Business Week kicks off, the St. Louis Economic Development Partnership (STL Partnership) reaffirms its commitment to assisting new and existing small business owners throughout the St. Louis region.

STL Partnership is delighted to announce that Colleen Mulvihill, a small business counselor with STL Partnership and Missouri Small Business Development Centers (SBDC), has been recognized as a 2024 Wonder Woman by *St. Louis Small Business Monthly*. This prestigious title acknowledges exceptional female professionals who leverage their influence to support others in the St. Louis community.

Since 2017, Mulvihill has been a guiding light for entrepreneurs navigating the complexities of launching, managing, and expanding their businesses. She has played a pivotal role in advising countless business owners through various stages, offering expertise in business planning, financial connections, readiness for lender interactions, strategic growth planning, and site selection. Additionally, she has successfully attracted new tenants to four STL Partnership Business Incubators.

The STL Partnership Business Incubators have significantly contributed to the thriving startup ecosystem in St. Louis. These four facilities provide critical support to any startup looking to scale their operations. This includes the Helix Center Biotech Incubator, which specializes in AgTech and Biomedical startups, along with other centers in Wellston, Lemay, and West County.

To facilitate the growth of local businesses, the Business Finance division of STL Partnership offers various financing options tailored to meet the needs of small business owners and entrepreneurs. These options encompass programs such as the U.S. Small Business Administration (SBA) 504 program, internal loans, bonds, and tax credit initiatives. These financial resources can be utilized for acquiring real estate and equipment for both existing and new ventures.

Furthermore, the organization actively supports the St. Louis Mosaic Project, a collaborative effort between STL Partnership and the World Trade Center St. Louis, designed to position St. Louis as a top-tier metropolitan hub for immigrant communities. Among its many initiatives, the Mosaic Project connects immigrant entrepreneurs with resources to establish and expand their small businesses, while also engaging business leaders to embrace diversity by hiring international talent.

In light of Colleen’s well-deserved accolades, Rodney Crim, CEO and President of STL Partnership, expressed his pride in the organization’s unwavering support for main street businesses and entrepreneurs throughout St. Louis. By providing a range of business lending options and furnished spaces for aspiring entrepreneurs to launch their ventures, STL Partnership remains dedicated to fostering a thriving small business ecosystem across the region.

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