This week, Pioneer Hi-Bred International, Inc., announced a $50,000 contribution for a proposed bio-based products industry center at IowaStateUniversity that will focus on the economic, business and policy aspects of the emerging bio-economy.

Collaborations between industry and institutions are critical to developing the bio-economy for the benefit of all, says Dean Oestreich, Pioneer Hi-Bred International, Inc., president. "We're pleased to partner with Iowa State to lay the ground work for a center that can be a catalyst to stimulate the growth of the bio-economy." 

The proposed bio-based products industry center at Iowa State will complement efforts of business and government in developing technologies based on agricultural feedstocks. It will conduct research that sheds light on the industry's rapidly evolving economic and business challenges, including human capital, business, marketing, policy and infrastructure. The center will be administered under IowaState's Office of Biorenewables Programs.

In addition to initial support for the planning of the proposed center, Pioneer business leaders and scientists plan to participate in the proposed center's Industry Advisory Board and in industry-based research projects.

Pioneer Hi-Bred International