Let's Talk Business

Every Monday at 6:31 a.m. and 8:31 a.m., Shad Burner provides information on what's happening in the area of regional development in Southeast Missouri. Shad is the Vice President of Business Development with the Cape Chamber.

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Cape Chamber

On Monday, Feb. 6, Missouri became the 28th state to pass Right to Work legislation.

Right to Work has long been a controversial issue in Missouri. It nearly became law a few years ago, but the legislature was unable to overturn Governor Nixon’s veto. With the election of a Republican governor, it was not surprising to see this legislation quickly pass both houses and become law.

Cape Chamber

The 1st50k startup competition has gone through 3 rounds, receiving hundreds of applications representing 31 states and 39 countries.

A substantial part of our economic future will be built on the shoulders of entrepreneurs. Fortunately, when I speak with other small metro markets, it’s clear this is one area where we really shine. Cape has a rich history of entrepreneurs. Today, the heartbeat of that activity is in the Marquette Tech District and nothing more exemplifies this than the 1st50k competition.

Shad Burner

Retail is a vital industry to the local economy and the tax revenue derived is a critical part of the budget for all local municipalities. So, let’s talk about a quick retail story happening now.

The cities of Cape and Jackson recently came together to hire a retail consultant. The reports are in and we are moving on to the next phase. Today, I want to share a few items from the Cape Girardeau report.

Cape Chamber

We celebrate the official ribbon cutting for a new location of one of our great, local businesses this Thursday.

Today’s feature company was founded in 1989 on Broadway. They later moved to their second location on Kingshighway, where they have spent the majority of their time in business.

In 2011 a long-time employee purchased the company from the original owners. This locally owned and operated business has three employees with more than 30 years of experience in their industry.

There are more than 31,000 people serving time in Missouri state correctional facilities. 97% of them will one day be released. What happens next?

Here’s a staggering statistic about the population of individuals who leave prison and reenter society: Of those who do not gain full-time employment, 72% return to prison within two years. Of those who DO gain full-time employment, only 27% return to prison within two years. This is incredible…full-time employment plays a major role in whether or not an individual returns to prison.