Partnership and the BioBiz Alliance Agreement

In 2005, the Partnership and the BioBusiness Alliance of Minnesota began working together to raise awareness throughout Minnesota for the bioscience industry and the opportunities for Minnesota in the biosciences. The collaboration will provide information to opinion leaders and economic development officials, especially those in Greater Minnesota, about the potential to transform research discovery into economic development. The outreach effort will also provide hands-on tools to help spark bioscience business development in local communities. The Partnership and the BioBusiness Alliance will help to demonstrate the importance of the bioscience industry to Minnesota as a whole, as well as enhance resources already in place. Both organizations are committed to implementing specific action items that dramatically impact the state in terms of jobs, new sources of revenue and overall health improvements, while helping to advance bioscience discoveries.

Leaders praised the Partnership-BioBusiness Alliance relationship as an instrumental step in moving the state forward in the biosciences:

"By working together, the BioBusiness Alliance and the Partnership can spark future bioscience development in regions across Minnesota, as we compete to become a global leader in agricultural, medical technology and health sciences."

- Dale Wahlstrom, Chair, BioBusiness Alliance of Minnesota

"While other states are struggling to turn their research investments into reality, Minnesota has been investing in biosciences in for many years, funding actual research."

- Frank B. Cerra, M.D., Senior Vice President for Health Sciences, University of Minnesota.

"The Partnership is committed to giving back to the state of Minnesota by converting Partnership research discoveries into economic development opportunities for the state."

- Hugh Smith, M.D., Past Chair of the Mayo Clinic Rochester Board of Governors.