Greater St. Louis is a major center for cybersecurity and information technology.
There were over 48,000 computer and mathematical workers in Greater St. Louis in 2018, a 17 percent higher concentration than the national average. Yet, these workers’ average wages are 92 percent of the U.S. average level, making St. Louis an attractive IT labor market for business.
Major companies like MasterCard have established major data centers in the region. MasterCard processes over 50 billion annual global financial transactions here. MasterCard’s credit card security division, also in St. Louis, is responsible for monitoring, detecting and fighting potential fraud at every step of the purchasing process.
Additionally, CyberUp was formed as the Midwest Cyber Center of Excellence in 2015 by Webster University, Southwestern Illinois College, the Leadership Council of Southwestern Illinois, and Aegis Strategies.
CyberUp provides workforce development and public awareness services to support the growth of cybersecurity employment at Scott AFB and the Greater St. Louis market. Specific programs include certification training and youth education.
SixThirty has recently created a new accelerator fund for cybersecurity, SixThirty CYBER. This new fund invests up to $200,000 per team in 6-8 early-stage Cyber Security startups per year. Program participants will complete a 14 week accelerator program in St. Louis with training, mentoring, and development support.