The Bill & Melinda Gates Foundation’s decision to headquarter its new agriculture nonprofit in St. Louis is more validation of the region’s growing agtech sector, local officials said.
It’s not only another victory for the agtech sector, they said, but also a move they think can help attract more companies and investment to St. Louis.
“At BioSTL, we travel around the world telling the St. Louis story and selling the strengths of St. Louis, especially in ag and food, and share the map of assets we have in this ecosystem," said Donn Rubin, president and CEO of BioSTL. “Having a globally renowned group like the Gates Foundation involved and showing a vote of confidence in our ecosystem certainly provides a boost to the story."