BioSTL launched EAGIC to create a new pathway for innovation to reach farmers. Currently, farmers are receivers of innovation; it is coming at them from all angles and sources. A farmer not only has to deal with the various technologies, they have to figure out which ones will be cost effective on their farm. It can be overwhelming. The current model is also flawed in that farmers are asked to buy the innovation and learn to implement it at their own risk and expense. Farmers are often holding the "risk bag" for innovation. All this can lead to indecision and delay in implementing innovations on the farm. That long-time horizon to adoption and scale of an innovation limits investor interest in agriculture. If they can expect a quicker return elsewhere, why invest in ag? All this reduces grower productivity. Instead of leveraging innovation for enhanced efficiencies, farmers are burdened by the choices of options offered.
EAGIC starts with the needs of farmers. We use our domestic and global networks to find solutions for these needs. We curate the innovations and bring to the farmer innovations that look to address their needs.