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Plant biotechnology emerges with vital economic benefits

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Plant sciences and biotechnology have fast emerged as a vital and dynamic sector in Missouri’s economy, accounting for $24 billion in annual economic benefits and thousands of high-quality jobs.

The biotechnology sector has played a valuable role in our state’s livelihood since 1979. The state’s biotechnology sector accounts for more than 390 cutting-edge research and academic facilities, which generate more than 170,000 direct jobs and support 260,000 indirect jobs.

Advisory council

Last year, I established the Governor’s Advisory Council for Plant Biotechnology. The council is responsible for analyzing the state’s current plant sciences environment to determine how Missouri can best capitalize on the industry’s potential. There is immeasurable opportunity for economic growth in value-added agriculture and plant sciences, and I am committed to establishing partnerships among farmers, scientists, educators, businesses and government to create high-quality jobs for Missourians.

The Lewis and Clark Discovery Initiative is an opportunity for Missouri to continue to position itself as the leader in the expanding fields of plant sciences and biotechnology.

The initiative would generate $450 million, including $30 million to enhance growth and development of technology for businesses all across our state. The initiative I support provides for capital improvement projects such as plant science research centers, health science research and education centers, business incubators and facility renovations that will support professional training and research in the sciences at Missouri’s public universities and colleges.

Missouri’s economic outlook is strong with new and ever growing developments and accomplishments in the fields of plant sciences and biotechnology. I want to continue to position our state as a national and global leader in this emerging area and will aggressively work to secure Missouri’s spot as a leader in the economy of the future.

Matt Blunt is governor of Missouri.[[In-content Ad]]

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