Navigation Links
It's Indiana State Fair Season: New BioCrossroads Report Emphasizes Opportunities in Food and Agriculture Innovation

INDIANAPOLIS, Aug. 2, 2012 /PRNewswire/ -- Indiana is poised to become a global crossroads for food and agricultural innovation, according to the latest BioCrossroads' report, "Food and Agricultural Innovation  - 21st Century Opportunities for Indiana", released today after nearly two years of in-depth sector research and expert interviews.

Food and agricultural innovation is as diverse as the industry itself, incorporating distinct areas of technology and science such as biotechnology, plant science, bioinformatics, information technology, food science and food safety systems, animal health and nutrition, cropping systems, satellite technologies and many others.  Indiana has strong assets and capabilities in all of these areas, and a level of collaboration among key participants that holds high promise for growth, according to the report.

"With agricultural research and technology leaders like Dow AgroSciences and Elanco, as well as Purdue University, and dozens of other businesses and organizations that develop and promote technological products and services, this is a sector that's ripe for more collaboration and innovation," said David L. Johnson, president and CEO of BioCrossroads.  "Indiana has a remarkable set of resources that can be harnessed to solve emerging global food and nutrition challenges, while driving sector growth.  The report takes stock of where we are, and then outlines ways to capitalize on these strengths for the benefit of our regional economy," Johnson observed.

The report notes that Indiana's food and agriculture industry:

  • Employs 19 percent of the Hoosier workforce
  • Contributes $16 billion to the Gross State Product
  • Exports $3.4 billion in product from 62,000 farms and 14.8 million acres.

In addition, the report points out that globally over the next several decades, agriculture will be challenged to provide food, feed, fiber and fuel to a growing world population which is forecast to increase by nearly 30 percent to 9 billion people by 2050.  As a result, science, technology and innovation, and the application of this research, primarily through commercialization, will be challenged to successfully—and dramatically—reshape global agriculture.

"Today's global food and agricultural production challenges are significant, and there is a critical need for additional food sources, more resilient crops and better health and nutrition," said Antonio Galindez, president and CEO of Dow AgroSciences.  "Working together is essential to meeting these challenges and is a priority for us.  This report demonstrates that there is a lot that can be done within Indiana's borders to accelerate the development of this important sector and the broader economy it serves."

The report details several key themes that emerged from extensive discussions with a variety of stakeholders:

  • Collaboration: Despite a strong network among participants in Indiana's food and agricultural sector, there is a growing need to identify new business partnerships and sourcing technologies, both from public and private and internal and external sources.
  • Early Stage Technology Translation and Advancement:  Significant limitations still impede progress in key areas such as access to capital, sourcing of technology and availability of entrepreneurial talent. 
  • Sector Promotion and Support:  Important needs require a more effective sector strategy, including talent development and workforce recruitment, education and policy, and branding.
  • Asset Leverage:  Specific assets in the areas of data analytics and "food for health" represent opportunities for significant collaboration and growth.

"It is critical that these discussions among Indiana's food and agricultural stakeholders continue," said Beth Bechdol, Director of Agribusiness Strategies at Ice Miller, and the consultant to BioCrossroads who prepared the report.  "A new organizing forum could best define opportunities for continued growth, ultimately leading to greater economic development across the state and for individual stakeholders."

A new food and agricultural forum could have a key role in:

  • Mobilizing resources to support sector growth and establishing a platform for identifying opportunities and pursuing stakeholder interests.
  • Identifying and organizing financing and access to capital for start-up firms as well as providing additional resources to support early-stage companies.
  • Defining Indiana's innovation brand and educating broad public audiences about the capabilities and resources of the sector.
  • Strengthening the educational curriculum, adding programs in K-12 and convening educational partners to match workforce requirements of the private sector with educational and training offerings.

"The combination of  tremendous agricultural production capacity and the agriculturally focused science and technology assets Indiana possesses uniquely position our state  to address and capitalize on critical global trends," said Jay Akridge, Ph.D., Glenn W. Sample Dean of Agriculture, College of Agriculture at Purdue University. "Food and agricultural research and innovation are core strengths of Purdue and an important part of Indiana's life sciences portfolio.  We are pleased to see the results of the study point directly to expanded opportunities for economic development through more and larger scale partnerships across the state and region."

In 2004, BioCrossroads released its first study; "A Strategic Plan for Indiana's Agricultural Economy,"  focusing on the industry's growth potential based on jobs and wage factors in the context of a wider analysis of the state's agricultural economy.  The data and strategies outlined in this 2004 report served as an important starting point for the State of Indiana in its creation of the first cabinet-level State Department of Agriculture in 2005.

BioCrossroads' latest report on agricultural and plant science innovation is available at

About BioCrossroads
BioCrossroads ( is Indiana's initiative to grow, advance and invest in the life sciences, a public-private collaboration that supports the region's existing research and corporate strengths while encouraging new business development. BioCrossroads provides money and support to life sciences businesses, launches new life sciences enterprises (Indiana Health Information Exchange, Fairbanks Institute for Healthy Communities, BioCrossroadsLINX, Datalys Center, and OrthoWorx), expands collaboration and partnerships among Indiana's life science institutions, promotes science education and markets Indiana's life sciences industry.


SOURCE BioCrossroads
Copyright©2012 PR Newswire.
All rights reserved

Related biology technology :

1. BioStorage Technologies Mike Reffeitt Named "CFO of the Year" by Indianapolis Business Journal
2. BioCrossroads Commemorates Decade of Collaboration, Success for Indiana Life Sciences Sector
3. Positron Accepts Economic Incentives Offer From The City Of Gary, Indiana For $30 Million Towards 70 MeV Cyclotron Project
4. Arizona State University engineers aim to improve performance of technology in extreme environments
5. MarketsandMarkets: Global Prostate Cancer Therapeutics Market worth $6,457 Million by 2020
6. Antelope Valley Hospital Converts to Masimo rainbow SET for State-of-the-Art Noninvasive Patient Monitoring Capabilities
7. CSL Behring Awards LEAD Grant to Patient Organizations to Educate Constituents on State Insurance Exchanges
8. Mexican State of Tamaulipas Starts Training Doctors in Sangui Wound Management
9. Animal Husbandry Equipment Market in United States: Business Report 2011
10. Discovery of a dark state could mean a brighter future for solar energy
11. Ohios Bioscience Industry Effort Paying Off With Increase in Graduates and Accolades for the State
Post Your Comments:
(Date:11/24/2015)... , Nov. 24, 2015 Cepheid (NASDAQ: ... be speaking at the following conference, and invited investors ... York, NY      Tuesday, December 1, 2015 at ... York, NY      Tuesday, December 1, 2015 at ... Healthcare Conference, New York, NY ...
(Date:11/24/2015)... , Nov. 24, 2015 /CNW/ - iCo Therapeutics ("iCo" ... reported financial results for the quarter ended September ... in Canadian dollars and presented under International Financial ... States ," said Andrew Rae , ... regarding iCo-008 are not only value enriching for ...
(Date:11/24/2015)... , ... November 24, 2015 , ... ... of the year and one of the premier annual events for pharmaceutical manufacturing: ... from 8–11 November 2015, where ISPE hosted the largest number of attendees in ...
(Date:11/24/2015)... 24, 2015  Clintrax Global, Inc., a worldwide provider of clinical ... today announced that the company has set a new quarterly earnings ... on quarter growth posted for Q3 of 2014 to Q3 of ... Mexico , with the establishment of an ... --> United Kingdom and Mexico ...
Breaking Biology Technology:
(Date:10/29/2015)... 2015 Daon, a global leader in mobile ... a new version of its IdentityX Platform , ... America have already installed IdentityX v4.0 and ... FIDO UAF certified server component as an ... FIDO features. These customers include some of the largest ...
(Date:10/27/2015)... YORK , Oct. 27, 2015 In ... major issues of concern for various industry verticals such ... is due to the growing demand for secure & ... in various ,sectors, such as hacking of bank accounts, ... for electronic equipment such as PC,s, laptops, and smartphones ...
(Date:10/26/2015)... -- Delta ID Inc., a company focused on bringing secure ... announced its ActiveIRIS® technology powers the iris recognition feature ... NTT DOCOMO, INC in Japan . ... include iris recognition technology, after a very successful introduction ... 2015, world,s first smartphone to have this capability. ...
Breaking Biology News(10 mins):