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Biosciences and Emerging Technology

JOINT HEARING OF HOUSE BIOSCIENCES AND EMERGING TECHNOLGY COMMITTEE AND SENATE COMMITTEE ON BUSINESS, INDUSTRY AND JOBS

2007-2008 Regular Session - December 10, 2008

JOINT HEARING OF HOUSE BIOSCIENCES AND EMERGING TECHNOLGY COMMITTEE AND SENATE COMMITTEE ON BUSINESS, INDUSTRY AND JOBS DECEMBER 10, 2008, MINNEAPOLIS CONVENTION CENTER



Committee on Biosciences and Emerging Technology attendance:

Mahoney, Chair Haws Excused: Masin
Beard Norton Peppin
Berns Winkler Ruth
Bunn Thissen

Committee on Business, Industry and Jobs attendance:

Metzen, Chair Sheid
Bonoff Tomassoni
Saltzman


The meeting was called to order at 8:45 a.m. by chair Tim Mahoney. A welcoming speech was given by Don Gerhardt, LifeScience Alley President and CEO.

Jeremy Lenz, BioBusiness Alliance of Minnesota VP opf Operations spoke to Minnesota's existing bioscience infrastructure.

Brian Walters, President, Greater Fargo Moorhead Economic Development Corporation and Chris Huisinga, Life-Science Innovations Director of Business Development spoke of the need for capital.

Representative Jim Davnie and Senator Kathy Saltzman spoke about the Angel Investor Tax Credit. Mark Lofthus, DEED Director of Business and Community Development also spoke about the Angel Investor Tax Credit.

Representative Ryan Winkler and Senator Kathy Saltzman gave a presentation on the Small Business Company Credit and mark Lofthus, Deed Director of Business and Community Development commented on the presentation.

After a question and answer period the meeting adjourned at 10:15 a.m.

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Tim Mahoney, Chair
House BioSciences and Emerging Technology

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James Metzen, Chair
enate Business, Industry and Jobs
More Info On This Meeting..

Presentations regarding an Angel Investor Tax Credit and Small Business Company Credit