Cross-Sector Leadership for the Green Economy University of Minnesota April 29, 2010.

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Presentation transcript:

Cross-Sector Leadership for the Green Economy University of Minnesota April 29, 2010

Overview What is the BioBusiness Alliance of Minnesota? Destination 2025 Update on Statewide Recommendations & Activities Success Factors for Minnesota » Understanding Knowledge-Based Economic Development » Collaboration and Partnership – Global to Local Enriching Minnesota’s Future through the Biosciences

What is the BioBusiness Alliance of Minnesota? Academia Government Industry Mission: Enhance the wellbeing of our citizens by mobilizing and connecting the community to support the growth of biobusinesses by providing a roadmap for success, infrastructure, and a welcoming environment.

Food Minnesota Life Science Community NanoTech & Materials Science Genomics, Proteomics & High Throughput Biology Bioinformatics & Systems Biology Imaging / Navigation Catalysis & Synthesis (Biological & Chemical) Enabling Knowledge Clusters EducationInfrastructurePolicy Foundational Capabilities Minnesota Industries v.19jan09 Renew- able Energy Renew- able Materials Medical Devices Biologics/ Biopharma Animal Health Commercialization Catalysts Int’l Business Support Center Component/Service Suppliers Academic Tech Transfer Acceleration/ Incubation Funding Leadership Talent Skilled Workforce Bioengineering & Clinical Capabilities

Destination 2025 A partnership with Deloitte Consulting LLP A twenty year “vision and roadmap” for the lifescience industry in the state of Minnesota that is intended to help ensure our place in the evolving global economy. Enriching Minnesota’s Future through the Biosciences

Renewable Energy Opportunities 2. Heat generation as part of “25 X ‘25” 1. Establish decision making capability for Biomass Management Enriching Minnesota’s Future through the Biosciences

Enriching Minnesota’s Bioscience Future Sustainable Biomass Management MN’s biomass value chain is evolving and becoming more complex, i.e. channels, use Diverse stakeholders with different ideas regarding strategic issues:  Sustainability and security of feedstocks  Standards for logistics and infrastructure  Scale and speed of production  Development capital  Transition costs versus value  Regulatory and legislative harmony

Biomass Thermal Opportunities Automatic solid fuel biomass heating systems – wood chips, pellets, agricultural residues Biomass district heating systems Large-scale combined heat and power Enriching Minnesota’s Future through the Biosciences

Trials/Testing Services Development Manufacturing Research Then…Now… Self-contained regional clusters Specialized, networked regions: Hubs & Nodes Source: “From Clusters of Industry to Clusters of Knowledge & Competency” New Economy Strategies, July 3, The Cluster Model is Evolving Enriching Minnesota’s Future through the Biosciences

Knowledge Based Economic Development: Hub and Node Relationship – Combustible Biomass Enriching Minnesota’s Future through the Biosciences Node MN Sweden Node

International Business Support Center (IBSC) International joint development of renewable energy technology, products and services Mutually beneficial relationships between countries »Provide a landing strip for international companies who wish to develop or sell products in the United States market »Support Minnesota companies seeking to enter foreign markets Enriching Minnesota’s Future through the Biosciences

International Renewable Energy Technology Institute Combustible Biomass Biogas 2 nd Generation and Advanced Biofuels Small wind Green construction

Thank You! Gregg Mast Follow BBAM on Twitter: BioBusinessMinn