Global Conference 2011

Global Conference 2011

Mighty Molecules: Financing Industrial Biotech for a Greener Future

Monday, May 2, 2011 / 2:30 pm - 3:40 pm


Imagine a world where plastics don't linger in landfills for centuries. In the not-so-distant future, the everyday products we use - from soda bottles and cosmetics to laundry detergent and car parts - will be biodegradable. And the kicker? Instead of being manufactured from petroleum, these new products will use plants as a feedstock. Bioplastics, the next wave in the effort to decrease dependence on oil, can make all of this possible. But industrial biotech companies still face significant challenges in commercialization. The demand for start-up capital is high, and competition from low-cost, petroleum-based products is fierce. Building on a Financial Innovations Lab convened by the Milken Institute and the USDA, this roundtable will explore potential collaborations between the public and private sectors to provide the financing needed to usher in the brave new world of industrial biotech products.

Moderator

Rina Singh

Director, Policy, Industrial and Environmental Section, Biotechnology Industry Organization (BIO)

Speakers

Frances Arnold

Dick and Barbara Dickinson Professor of Chemical Engineering and Biochemistry, California Institute of Technology

Bobby Bringi

President and CEO, MBI International

Stephen Mullennix

Managing Director, US Renewables Group

Rocco Papalia

Senior Vice President, Advanced Research and Beverage Packaging Innovation & Equipment Development, PepsiCo

Corinne Young

CEO, Corinne Young LLC


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