WEBVTT

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BUSINESS PRESENTED THE LIVING 

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INDIANA UNIVERSITY AND INDIANA 

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ASSOCIATION REALTORS 

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>> AND WELCOME TO INSIDE 

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INDIANA BUSINESS I'M VERY DAY 

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THE AG BIO SCIENCE SECTOR IT 

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IS ONE OF INDIANA'S MOST 

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POWERFUL ECONOMIC ENGINES 

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TOUCHING EVERYTHING FROM THE 

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FOOD WE EAT TO THE 

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TECHNOLOGIES THAT HELP FARMERS 

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FEED THE WORLD WHEN YOU TALK 

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ABOUT THE ECONOMIC IMPACT 

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CONSIDER THIS IN INDIANA IT'S 

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ESTIMATED THE INDUSTRY 

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INCLUDES MORE THAN 5400 

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BUSINESSES AND ORGANIZATIONS 

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EMPLOYS MORE THAN 152.000 

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PEOPLE AND GENERATES MORE THAN 

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82 BILLION DOLLARS IN ECONOMIC 

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ACTIVITY CONTRIBUTING TO AN 

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ESTIMATED 22 BILLION DOLLARS 

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TO THE STATE'S GDP NOW A 

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REPORT JUST OUT FROM MEGAN AG 

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RENOVUS INDIANA IS TAKING A 

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CLOSER LOOK AT OPPORTUNITIES 

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FOR GROWTH FROM FARMER FOCUSED 

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INNOVATION TO THE ROLE OF FOOD 

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IN HEALTHCARE TO BIO 

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INNOVATIONS JOINING ME NOW TO 

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TALK MORE ABOUT WHAT IT ALL 

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COULD MEAN IN TERMS OF 

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INVESTMENT JOBS OF THE FUTURE 

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OF THE STATE'S ECONOMY PLEASED 

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TO BE JOINED BY AEG RENOVUS 

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INDIANA CEO CHRISTIE RIDE IN 

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CHRISTIE'S ALWAYS GREAT TO SEE 

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YOU GREAT TO SEE YOU OKAY 

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FIRST OF ALL AT BIO SCIENCE 

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YEAH WHAT IS AT A LOT OF 

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PEOPLE SAY IS FARMING IS IT'S 

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A LOT MORE THAN THAT WHAT IS 

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BIOS I'M I'M GLAD YOU ASKED SO 

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WHEN WE SAY ABOUT SCIENCE 

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WE'RE TALKING ABOUT 5 PLATFORM 

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ECONOMIES AND INDIANA IS RICH 

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IN ASSETS ACROSS THESE 

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PLATFORM ECONOMY SO THAT 

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INCLUDES ANIMAL HEALTH 

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>> AGRICULTURAL PRODUCTION 

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PLANT SCIENCE AND THOUGHT OF 

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ALL YOU ADDED AGRICULTURE 

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MANUFACTURING AND THEN ALSO 

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AGRICULTURE TECHNOLOGY AND 

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INDIANA'S AGAIN A LOT OF 

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ASSETS REALLY POSITION AS WELL 

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AS ANY PLACE 

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>> WITH ACADEMIC INSTITUTIONS 

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COMPANIES AND THOSE TYPES YES 

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ABSOLUTELY WHEN YOU LOOK AT 

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THE ANCHORS THAT WE HAVE HERE 

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THE CORPORATE ANCHORS IN TERMS 

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OF COURT HAVE ELANCO ELI LILLY 

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ELLA VANCE AND THEN OF COURSE 

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THE ARE ONE INSTITUTIONS THE 

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AN ECOSYSTEM THAT WE HAVE HERE 

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RELATED TO INNOVATION 

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>> IT DIFFICULT TO BEAT 

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>> OK WANT TO TALK ABOUT THIS 

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NEW REPORT JUST REALLY FOCUSES 

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ON 3 KEY AREAS FARMER FOCUSED 

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INNOVATION FOOD IS HEALTH AND 

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BIO INNOVATION THOSE REALLY 

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KEY AREAS TO TO TO FOCUS ON 

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AND WHAT AMONG THEM THIS FOOD 

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IS HEALTH AN IMPORTANT WHAT IT 

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IS YES REALLY EMERGING AS A 

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GREAT OPPORTUNITY FOR INDIANA 

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AS WELL SO 

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>> SO THIS REPORT DOES 2 

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THINGS NUMBER ONE IT UPDATES 

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THE DATA THAT WE HAVE ON THE 

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ECONOMIC IMPACT OF THE SECTOR 

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AND YOU COVERED SOME OF THAT 

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IN YOUR OPENING COMMENTS WE 

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SAW GROWTH BY 5 5.000 PEOPLE 

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IN THE WORKFORCE ALSO AN 

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INCREASE IN 10 BILLION DOLLARS 

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IN ECONOMIC IMPACT SO GREAT 

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GREAT GROWTH HAPPENING THERE 

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THE OTHER THING THAT THE STUDY 

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DOES IS REALLY HELP US 

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UNDERSTAND BETTER THOSE AREAS 

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OF OPPORTUNITY AND FOOD IS 

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HEALTH IS A KEY ONE AND THAT 

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REALLY IS THE INTERSECTION OF 

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PLANT ANIMAL AND HUMAN HEALTH 

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WITH FOOD AS THE NEXT US ALL 

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RIGHT THIS REALLY TEES UP IF 

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YOU WILL 

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>> TOPICS FOR THE LACK OF A 

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LAWSUIT A SIX-MONTH VELOCITY 

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ACCELERATOR WHICH WILL OFFER 

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$25.000 PRIZE AT THE END TALK 

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ABOUT WHAT THAT PROCESS SURE 

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SO THE BLAST ACCELERATE ARE 

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REALLY IS OPPORTUNITY FOR US 

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TO HELP SUPPORT THE FOUNDERS 

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AND THE ENTREPRENEURS HERE 

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INCLUDING STUDENT LED TEAMS TO 

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DRIVE FORWARD INNOVATION THAT 

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SUPPORTS THOSE 3 AREAS IN AG 

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BIO SCIENCE FARMER FOCUSED 

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INNOVATION BIO INNOVATIONS 

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FOOD IS HEALTH AND WE DO THAT 

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THROUGH THE 6 MONTH 

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ACCELERATOR PROGRAM WE OFFER 

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MENTORSHIP THROUGH THAT 

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PROGRAM ALSO CONNECTIONS IN 

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THE ECOSYSTEM AND IT 

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CULMINATES IN A $25.000 PRIZE 

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FOR EACH OF THOSE TRACKS 

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CRITICAL TIME FOR THE SECTOR 

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BECAUSE A LOT OF THINGS SEEM 

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TO BE COMING TOGETHER AT THE 

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SAME TIME IT IS IT'S SUCH AN 

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EXCITING IT'S EXCITING TIME TO 

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BE IN INDIANA RIGHT NOW AND IF 

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WE DO THIS ALL RIGHT THEN 

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INDIANA WILL BE THE 

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HEARTLAND'S ANSWER TO FIGHT TO 

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BOSTON TO CALIFORNIA YOU KNOW 

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TO NORTH CAROLINA REALLY BY 

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DRAWING ON ALL OF THE ASSETS 

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WE TALKED ABOUT IN PLANT 

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ANIMAL AND HUMAN HEALTH AS 

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WELL AS OUR ABILITY TO NOT 

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ONLY AN EVENT BUT TO MAKE A 

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MOVE THAT INNOVATION THAT WE 

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HAVE ANOTHER LOTS GOING ON IN 

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THE AG BIO SCIENCE SPACE