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Follow on Google News | MTC helps to recruit Research Triangle Park-based biotechnology startup tMissouri with IDEA FundsThe Missouri Technology Corporation (MTC) today announced a significant investment in an agricultural biotechnology startup company, Benson Hill Biosystems, through its Missouri IDEA Funds.
By: BRDG Park The Missouri Technology Corporation, housed within the Missouri Department of Economic Development (DED), is a non-profit corporation focusing on promotion of entrepreneurship in Missouri and fostering the growth of emerging high-tech companies. “Missouri is the place to be for budding tech companies and we’re excited to announce Benson Hill Biosystems as our newest partner,” Benson Hill is expanding its operations in St. Louis while maintaining a presence at Research Triangle Park, North Carolina. Missouri and the Donald Danforth Plant Science Center in St. Louis offer resources uniquely catered to Benson Hill’s mission. The state’ Boosting crop yields on existing acreage and with diminishing agricultural resources is the foremost challenge in sustainable production agriculture. Benson Hill Biosystems is developing solutions to substantially increase crop yield potential. More information can be found at www.bensonhillbio.com. In addition to MTC’s investment, Benson Hill Biosystems received an additional investment from BioGenerator, a private entrepreneur support organization and early-stage capital fund based in St. Louis, as well as the Helix Fund, an early-stage plant and life sciences investment fund administered by the St. Louis County Economic Council. “The team at Benson Hill is world-class and the company’ The Missouri IDEA (Innovation, Development and Entrepreneurship Advancement) End
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