The grant will help fund BioSTL’s new headquarters in the city’s Cortex Innovation Community, and will also go toward the expansion of the organization’s business development programs. To commemorate the partnership, the new facility’s conference room will be named the Bayer Board Room.
BioSTL’s range of offerings includes the BioGenerator investor to grow and fund companies and entrepreneurs; BioGenerator Labs, which provides startups with lab and office space and equipment; and the GlobalSTL initiative to bring high-growth international firms to the city by partnering them with local companies.
More articles on innovation:
Viewpoint: 3 ways to drive innovation among employees, customers, community
American Lung Association allots $6M in grant funding for innovative research
Innovation platforms to be instrumental in hospital growth, Partners HealthCare’s Chris Coburn explains
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.