Low income or laid off workers in St. Charles County affected by COVID-19 may be eligible to receive up to $4,000 each for short-term training to enhance their skills, thanks to funding from the CARES Act. Contact the Missouri Job Center of St. Charles County for more information at 636-255-6060.

Regional Growth Fund

Regional Growth Fund


Regional Growth Capital, Inc. was founded in 1994 as a private, for-profit corporation owned by 27 bank shareholders and three local economic development agencies including the EDC Business and Community Partners. Regional Growth Capital, Inc. funds its investments by drawing on lines of credit provided by its bank shareholders.

Saint Louis Private Fund (SLPF) was founded in 2008 as a private, for-profit, limited-liability company. It is owned by 19 individual investors who provide the capital for the SLPF investments.
Regional Growth Capital, Inc. and SLPF make joint investments in selected applicants that demonstrate significant potential for success and value an investment by the funds as an attractive alternative to venture capital or other forms of equity investment. Because neither fund takes an equity position, they both share the slogan investment without ownership.

The funds invest up to $1 million to qualified applicants, which are defined as:

  • Growing and locally based
  • Unable to provide adequate senior debt to finance the company’s organic growth, an acquisition or a recapitalization
  • Able to provide cash flow to cover the funds’ debt service

As part of its determination to approve a company’s application for investment, Regional Growth Capital, Inc. and SLPF consider:

  • Cash flow coverage
  • Management capabilities
  • Business plan
  • Debt-to-equity ratio
  • Personal credit scores of majority and significant shareholders

For more information, contact the Regional Growth Capital at 314-615-7663.