What's Happening?
The MBOLD coalition, based in Minnesota, has launched the 'Protein Catalyst' initiative to enhance the state's role in protein product innovation. The initiative focuses on pre-competitive research and
development, mentorship programs, and strategic support for protein-focused companies. The coalition includes major companies like General Mills, Cargill, and Target, as well as academic and research institutions. The effort aims to drive innovation in animal agriculture and plant-based proteins, addressing the growing global demand for protein products.
Why It's Important?
The Protein Catalyst initiative addresses the increasing demand for protein, which is expected to rise significantly by 2050. By fostering collaboration and innovation, the initiative aims to strengthen Minnesota's position as a leader in the protein industry. This effort has the potential to create new market opportunities, support sustainable agriculture, and contribute to food security. The initiative also highlights the importance of public-private partnerships in driving industry advancements.
What's Next?
The MBOLD coalition will continue to develop and implement the Protein Catalyst initiative, engaging with stakeholders across the protein value chain. The coalition plans to host events and workshops to facilitate knowledge sharing and collaboration. As the initiative progresses, it is expected to attract more participants and expand its impact on the protein industry, both locally and globally.