Skip Navigation
left arrowGo back to In the News Page

Why Innovation Takes More Than A Great Idea: BioSTL Feature

July 23, 2026

biostl.jpeg

by St. Louis Magazine

Most people have heard the word “ecosystem” in conversations about startups, innovation, or economic development. Outside those industries, it can sound like another business buzzword.

Justin Raymundo wants people to think about it differently. As vice president of innovation ecosystem building at BioSTL, Raymundo spends his days helping researchers, entrepreneurs, investors, companies, and community leaders work together, so promising discoveries have a chance to become something much bigger.

“At the end of the day, innovation requires a lot of partners working together,” Raymundo says. “The role of a backbone organization is having a vision for how those groups work together and helping create the connections that move ideas into the world.”

More Articles

BioSTL-Pairidex-1024x683.png

Cortex-Based Startup Pairidex Closes Seed Round to...

This funding advances Pairidex's mission to reduce uncertainty in leukemia care through highly sensitive, personalized MRD testing.

arrow pointing right
FFBB26-5258_(1).jpg

Blooming Business Workshop at Cortex Prepares...

The session connected vendors with business resources and practical guidance ahead of the annual festival on Sept. 19 at Tower Grove Park.

arrow pointing right
Matt_Homann_headshot.jpg

Filament Founder & CEO Says St. Louis Needs More...

Matt Homann is founder and CEO of Filament, a Cortex-based firm that helps clients facilitate better and more productive meetings.

arrow pointing right
fancy footer design