Justine PETERSEN, a nonprofit corporation that works with individuals and entrepreneurs who are unable to secure affordable financing, recently launched a new enterprise to support job creation and expand urban agriculture and food production in an inner-city neighborhood of St. Louis, Missouri. The Greencubator, located in a renovated warehouse, has been designed to be a food system focused business accelerator and hub for startup activity. For instance, new tenant Good Life Growing has created an urban farm that uses aquaponic, hydroponic, aeroponic and other organic farming methods to produce food year-round indoors, and St. Louis Indoor Produce is perfecting a new technology for its indoor vertical farms to replicate sunlight. In addition to assembling the financing to renovate the warehouse, Mercy Partnership Fund investee Justine PETERSEN is providing loans and advisory assistance to the new and growing businesses now housed at the Greencubator.
To learn more about the Greencubator and other work of Justine PETERSEN, visit its website. Justine PETERSEN is one of more than 60 mission-driven organizations in Mercy Partnership Fund’s global community investing portfolio.