LINCOLN, NEBRASKA — When it comes to fostering the development and growth of biotechnology and bioscience companies, Nebraska is all in.
According to the Nebraska Department of Economic Development (DED), bioscience companies employ more than 16,000 people in Nebraska, and this number continues to grow at a rate that outpaces the national average.
“Nebraska is well-suited to capitalize on the next wave of scientific breakthroughs in the biosciences,” said Phil Kozera, executive director of Bio Nebraska Life Sciences Association. “There are many opportunities for next-generation companies to evolve in Nebraska, which leads to job creation and strengthening the state’s global leadership in value-added agriculture.”
Nebraska is the nation’s second largest ethanol producer with 25 plants strategically located across the state. Ethanol and its co-products can serve as the foundation for many next-generation bioproducts from green chemicals to nutraceuticals and animal feed supplements.
“Ethanol plant locations have a steady and abundant supply of grain, oilseeds, biomass and livestock, on which many bio-based technologies depend,” said Todd Sneller, Nebraska Ethanol Board administrator. “Nebraska has all the raw materials necessary to create strategic partnerships with bio-based companies.”
In addition, Nebraska has a number of economic development incentive programs in place for companies. One comprehensive package, Nebraska Advantage, offers significant tax incentives for companies that relocate or expand their businesses in the state, noted DED Director Courtney Dentlinger.
“In order to foster the development and growth of these enterprises, we actively collaborate between government, education, business and agriculture to reduce red tape,” she said. “This strong partnership between the public and private sectors is a major factor in attracting companies to locate in Nebraska.”
Dozens of bio companies have already located in Nebraska, including: NatureWorks (corn-based plastics), Novozymes (enzyme technology), Purac (lactic acid), Laurel BioComposite (bioresins from distillers grains), Pharmgate (animal pharmaceuticals) and many more.