Biobusiness
What is biobusiness?
Bioscience applies biological technology to innovations in medicine, energy, and agriculture. It involves high technology, scientific research, genetics, molecular biology, systems biology, bioinformatics, computerized information processing and data collection, storage and dissemination. Biobusiness commercializes these technologies for broad application.
Why biobusiness in southern Minnesota?
Southern Minnesota is in a strong position to lead in bioscience applications because it has an exceptional educational system, skilled employees, a notable work ethic, an existing biobusiness industry, and a strong support system for bioentrepreneurs. Agricultural resources and an existing medical corridor in southern Minnesota make investing in bioscience a high priority for Southern Minnesota Initiative Foundation.
How does Southern Minnesota Initiative Foundation support biobusiness development?
Southern Minnesota Initiative Foundation provides loans, equity capital, business consulting, technical assistance, and community partnerships that strengthen biobusiness growth.
We all succeed when:
- Southern Minnesota's many resources are used to commercialize bioscience applications
- Entrepreneurs have the resources they need to grow and contribute
- A greater number of innovative, profitable businesses are active in our region
- We achieve sustainable economic growth
The Foundation strives for these results.
Online Resources for BioBusiness
These sites provide information about biotechnology, biobusiness, and Minnesota's commitment to the industry.
BioBusiness Alliance of Minnesota
LifeScience Alley
MN Department of Employment and Economic Development