Program develops St. Louis startup companies
St. Louis Globe-Democrat
May 4, 2010
Vega Transport, a local business, graduates from St. Louis Enterprise Centers - South County Tuesday. The graduation makes room for other growing businesses to join the program which is designed to nurture and develop startup companies.
"The role of the Enterprise Centers are to provide support so emerging companies eventually can grow and thrive on their own. When businesses graduate, it is good for everyone - the companies are succeeding, and the incubators are doing their jobs," said St. Louis County Executive Charlie A. Dooley. "We're excited for Vega Transport and wish the business ongoing success."
St. Louis Enterprise - South County, located at 315 Lemay Ferry Road in St. Louis, is among four small business incubators managed by the St. Louis County Economic Council. Centers are also located in midtown, Wellston and west St. Louis County. The centers provide affordable office and warehouse space, shared support services, access to expert advice and mentors, and valuable networking opportunities. Companies stay at the Enterprise Centers for an average of five years before moving to their own location, typically within proximity to where they incubated.
The graduation ceremony for Vega Transport, a Bosnian-owned company, will take place at 10 a.m., Tuesday, May 4.
Vega Transport provides over the road trucking transportation to customers nationwide. Since the company's inception in 2005, it has experienced exponential growth, according to the county economic council. Its new location, across the street from the center, provides more office space and serves as the company's headquarters.
Dooley will recognize Vega Transport for its accomplishment and success.
