Global DSM: Trade and Investment Strategy

News | 05/23/2016

Global DSM

By Audrey Regan, Corridor Communications Intern

The Greater Des Moines Partnership has released its global trade and investment strategy for 2016, naming the Cultivation Corridor as a tool to make the Greater Des Moines a global leader in agriculture bioscience.

In response to the changing global economy, the Greater Des Moines Partnership has recognized the economic importance of creating an agriculture bioscience corridor between Ames and Des Moines.

With a goal of further developing and marketing its world-renowned bioeconomy, the Corridor works with private and public partners whose goals align to accelerate growth in the agbioscience, biorenewables, biotechnology and advanced manufacturing industries.

The Greater Des Moines Partnership will incorporate the Cultivation Corridor into global strategies to increase brand awareness and position Greater Des Moines as a global leader in agriculture and bioscience.

The International Trade Administration attributes 12 million U.S. jobs to employment by foreign-owned firms. By leveraging exports and foreign direct investment, the Greater Des Moines will remain competitive. Enhancing the region’s global identity is an integral part of that mission.

The Cultivation Corridor works directly with partners and governments in the countries of Israel, Australia, Germany and New Zealand to improve ties and attract foreign direct investment opportunities.

The Corridor will become the primary intake for federal direct investment inquires in agbioscience, the lead on greenfield assistance and mergers and acquisitions rapid response. The Corridor and Iowa Economic Development Authority are also working on a Corridor led trade mission to Israel in 2017.

The Cultivation Corridor represents The Partnership in global activities such as the World Bio Markets Congress and Exhibition, World Ag Expo, European Forum for Industrial Biotechnology and the Bio International Convention.

The Cultivation Corridor is building on a rich history of innovation to enhance environmental sustainability and accelerate business development by attracting companies, talent and capital from across the globe.

With an emphasis on scientific discovery and research, companies and institutions in the Cultivation Corridor are forging new pathways to energy independence, sustainable food sources and innovative products made from renewable resources. These pathways guide the Greater Des Moines to be the agriculture bioscience global leader.

For more information about the Greater Des Moines global trade and investment strategy, click here.