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It's Indiana State Fair Season: New BioCrossroads Report Emphasizes Opportunities in Food and Agriculture Innovation
Date:8/2/2012

ill 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.

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SOURCE BioCrossroads
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