By Haley Gershon, Beta Analytic Special to The Digest Biofuels maintain an important role in the fuel industry as environmental and human health concerns ignite the transition from using fossil fuels to more eco-friendly options. Alongside environmental benefits, biofuels also offer an opportunity for manufacturers to qualify for tax credits and other financial incentives. This article […]
By CJ Evans, Member, Lee Enterprises Consulting, Inc. Special to The Digest This the second installment of an article that breaks down all of the many federal funding opportunities that are available to promote innovation into the nine Technology Readiness Levels (TRLs) through which new technologies, concepts, and approach must progress to reach full commercialization. […]
By Tammy Klein, Douglas Faulkner and Gerard J. Ostheimer, Ph.D. Special to The Digest The development of the global bioeconomy has made great leaps and strides over the past 10 years, but it has also had its fair share of stops and starts. Despite numerous technological advances, a witch’s brew of policy issues emerged (and […]
By Sam Nejame Special to The Digest This Wednesday, October 17th, is Canadian Marijuana Legalization Day. For the first time Canadians will be able to legally buy pot for recreational use countrywide. Edibles, which are harder to regulate, will come later. From a Synthetic Biology perspective, it’s the infused edibles and drinks that are most […]
By CJ Evans, Member, Lee Enterprises Consulting, Inc. Special to The Digest Many promising ideas, concepts, and innovationsthat could improve, add to, and make game-changing breakthroughs in energy, sustainability, and the bioeconomy – and create new jobs, bring economic growth to U.S. communities, and catapult the U.S. into a global lead in innovation – wind […]
By Doug Durante, Clean Fuels Development Coalition and Doug Sombke, South Dakota Farmers Union Special to The Digest Without question while the modern ethanol industry was built on legislation that provided incentives, market assurance, and other tools, the shift to the regulatory side of the equation has been a painful, foot dragging exercise that has resulted […]
By Brent Erickson, Executive Vice President, Industrial & Environnmental Section, Biotechnology Innovation Organization Special to The Digest On September 30th, the 2018 Farm Bill officially expired. And while both chambers of Congress passed their respective bills, the final version of the legislation that supports the agricultural sector in the U.S. is still being negotiated between […]
By Daniel A. Lane, Ph.D., Member, Lee Enterprises Consulting, Inc. Special to The Digest At its most basic level, technoeconomic analysis or assessment (TEA) is a cost-benefit comparison tool used to evaluate the commercial viability of a process. While many companies are quite familiar with this tool, a number of startups often forgo TEAs of […]
By Dave Humbird, Ph.D., Member, Lee Enterprises Consulting, Inc. Special to The Digest For new technologies in the bioeconomy (and in the chemical process industry more broadly), the putative path to commercialization is some form of: lab, pilot, demonstration, commercial. The Technology Readiness Level (TRL) scale is often proposed to track this progression, effectively ranking […]
By Wayne Lee, CEO, Lee Enterprises Consulting, Inc. and Martin Wahl, Director of Marketing, Lee Enterprise Consulting, Inc. Special to The Digest Last fall, the experts at Lee Enterprises Consulting published a series of articles entitled Financing Bioeconomy Ventures[1]. At a high level, this previous series covered pro formas, business plans, strategic analysis, market assessment, engineering design, […]
