David Nicklaus reported recently at the St. Louis Post-Dispatch Online that, “Yield Lab, an agribusiness accelerator program, has added a digital marketing agency, a biomass recycling company and a maker of sunflower flour to its portfolio.
“All three companies are based in the St. Louis area. Thad Simons, managing director of the Creve Coeur accelerator, said that the program received 180 applications from 46 countries and that the selection of three local firms was a coincidence. Of the 12 companies in Yield Lab’s 2015 and 2016 classes, only three were from St. Louis.
“Yield Lab will invest up to $100,000 in each company and bring the founders to Creve Coeur for a nine-month program of mentoring and strategy sessions.”
Mr. Nicklaus explained that, “Simons also said Wednesday [January 25th] that Yield Lab’s new accelerator in Ireland was preparing to select its first companies, and that plans are ‘well under way’ for a similar program in Argentina.”
