September 26, 2014

MBI signs innovative binational agreement to help expedite development and commercialization of biobased chemicals

Agreement with Bioindustrial Innovation Canada comes on heels of Binational Blue Water Region Conference collaboration commitment

LANSING, Mich. (Sept. 26, 2014) — MBI (Michigan Biotechnology Institute) will today host leaders from Sarnia, Ont.-based Bioindustrial Innovation Canada for the signing of an innovative, collaboration-driven binational agreement designed to expedite development and commercialization of bio-based chemicals and materials.

“This agreement to share research in a binational region fits perfectly with MBI’s mission to enhance quality of life globally by collaboratively accelerating the commercialization of sustainable bio-based technologies,” said MBI Chief Business Officer Allen Julian. “It’s a testament to the power of collaboration in the biotech sector to have MBI and Bioindustrial Innovation Canada — two bio-economy visionaries advancing technology on either side of the U.S.-Canadian border — here in Lansing to commit to working together to build a broader range of knowledge assets in Michigan and southwest Ontario.”

MBI, a wholly owned subsidiary of the Michigan State University (MSU) Foundation, focuses on the development and commercialization of bio-based technologies, many of which have been precipitated by MSU’s research capacity in bio-based disciplines. MBI is both a premier multidisciplinary center sought out by industry partners for unique derisking capabilities—and a mission-inspired 501(c)(3) not-for-profit that collaboratively accelerates the commercialization of bio-based technologies. MBI is known for pioneering derisking, a process that quickly and cost-effectively weeds out flawed technologies while accelerating viable ones through a stage-gated innovation process.

“This agreement has been in the works for several years,” said MBI Director of Alliance and Operations Bernie Steele. “We’re grateful for the facilitative leadership of the MSU Center for Community and Economic Development binational project team in pushing this landmark Agreement over the finish line.”

BIC, a Canadian non-profit organization with Canadian federal support, seeks to bridge the gap between research and markets in bio-based chemicals and energy production. BIC is leveraging its partnerships with Western (ON) University and Lambton College to develop a world-class, bio-based cluster in the region.

This landmark agreement establishes a clear framework for coordinated research to expedite development and commercialization of bio-based chemicals and materials, along with raising awareness of the biomanufacturing and green chemistry sectors in the binational region of Michigan and southwest Ontario. The agreement represents an important step in creating a global knowledge and research network that starts with these pioneering institutions in Michigan and Ontario.

This agreement comes just three months after a binational memorandum of understanding (MOU) was signed by the I-69 International Trade Corridor Next Michigan Corporation and the Southwest (Ontario) Economic Alliance on June 11 in Sarnia at the second Binational Blue Water Region Conference. That MOU targeted the biomanufacturing and green chemistry sectors for future binational collaboration and development, setting the stage for the MBI-BIC agreement.

For more information, go to www.mbi.org and and stay connected with future MBI company developments over LinkedIn.

Read about this news development in Xconomy.com, BioFuelsDigest and Green Chemicals Blog.


CONTACT:
Allen Julian | 517.336.4613
Aaryn Richard | 517.336.4638

 About MBI

 MBI (Michigan Biotechnology Institute) is both a premier multidisciplinary center sought out by industry partners for unique derisking capabilities—and a mission-inspired 501(c)(3) not-for-profit that collaboratively accelerates the commercialization of bio-based technologies. MBI is known for pioneering derisking, a process that quickly and cost-effectively fails flawed technologies while accelerating viable ones through a stage-gated innovation process. Lansing, Michigan-based MBI engages with universities, research institutions and corporations to develop sustainable fuels, chemicals, food and feed. Collaborators have included DuPont, Genomatica and Novozymes. MBI has also worked with Michigan State University and Cargill to develop PLA, the first biodegradable polymer in global use. Technologies developed at MBI are recognized and trusted worldwide. Learn more at www.mbi.org.

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(Photo of the Blue Water Bridge via a Flickr Creative Commons license.)