(AgFunder News) New Danforth Center unit aims to launch more agtech companies from the campus

The Danforth Center recently announced the establishment of the Danforth Technology Company (DTC), a wholly owned C Corporation that facilitates the creation of startup companies from technologies developed by Danforth Center scientists.

"DTC bringing more agrifoodtech startups to the Greater St. Louis area could contribute positively to the region’s economy, which is already heavily supported by agriculture," states AgFunder News. "A study by Missouri’s Department of Agriculture found that agriculture added $94 billion to the state’s economy in 2021 and represents one out of every 10 jobs in the state."