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Missouri Technology Corporation helps to recruit research triangle park-based biotechnology startup

The Missouri Technology Corporation (MTC) today announced a significant investment in an agricultural biotechnology startup company through its Missouri IDEA Funds. MTC made a $175,000 investment in Benson Hill Biosystems, a company that is developing technology to increase intrinsic crop yield. The startup company will primarily use funds to conduct research and continue product development.

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.

[St. Louis Post Dispatch]