Developing a Roadmap for Bio-feedstock Transformation for a Public-Private Partnership
EVALUATING BIO-FEEDSTOCK TRANSFORMATION RESEARCH, DEVELOPMENT AND WORKFORCE PREPARATION INITIATIVE IN SOUTH DAKOTA
Assignment
Develop a milestone-driven roadmap and economic impact report for a university bio-feedstock transformation research, development and workforce preparation initiative in South Dakota.
Deliverables Summary
Strategic Avalanche successfully created a 100 + page stakeholder document with supporting executive summary presentation allowing South Dakota to engage investors and other stakeholders to build a new bioproducts institute.
Deliverables Details
Report
The 145 page report provides a summary of work done by Strategic Avalanche to support South Dakota State University and South Dakota School of Mines and Technology and their vision to advance bio-transformation research, collaborate with corporate partners, and ultimately stimulate economic growth in South Dakota by leveraging its resources and contributing to the overall bioeconomy. The content and design was produced by Strategic Avalanche. Samples pages can be viewed below.
Results
Client was successful in securing approximately $30M in capital and ongoing operational funds from government, and industry partners. In late 2021, client broke ground on the new facility named Poet Bioproducts Institute which is expected to generate $6M in annual revenues from collaboration on the next generation of bioproducts. For more details read press release.
What are Clients Say
Daniel T. Scholl
Vice President, Research and Economic Development
South Dakota State University
The engagement
Our intital engagement with Strategic Avalanche was to develop a roadmap for to guide our building of a public-private partnered regional capacity for bioproduct research and development.
Expectations met?
Strategic Avalanche’s work was particularly useful and exceeded our expectations because of the wide diversity of global expertise they were able to focus on our specific questions.
What stood out ?
Strategic Avalanche was exceptionally responsive and worked effectively on a short timeline. I would highly recommend the Strategic Avalanche team. Their ability to tap into their network and assemble a team suited to a specific problem is especially valuable.
Addendum
Additional Assignment
Strategic Avalanche was contracted for a follow-on project with the assignment of Mapping Cutting-Edge Innovation across emerging sectors for industrial biotech. Now that the new facility was set in motion, Strategic Avalanche conducted in-depth studies to determine which biotech innovation areas would attract partners and drive growth for the biotech institute.
With a team of eight experts across the five biotech sectors (see list following), Strategic Avalanche prioritized innovation areas that would best leverage local feedstocks into high value products, capitalize on university competencies and IP, and place South Dakota more prominently on the U.S. bioeconomy map.