A St. Louis economic development organization is attempting to attract expansion-minded companies in Israel to the region.
Earlier this year, BioSTL launched an initiative called the St. Louis-Israel Innovation Connection, which is focused on attracting Israeli companies in three of the region’s stronger industries: biotechnology, health care technology and financial technology. The initiative included the hiring of both a St. Louis-based project leader and a representative inside Israel.
The goal is find young companies with proven products and technologies. Those firms will be connected with venture capitalists, corporate partners, universities and business networks in the St. Louis region.