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Denver and the Front Range have an unique opportunity to contribute to future global food, water, and animal and human health needs — through technology and market solutions. The National Western Center area will be the point of leverage bringing together partners in innovation, advanced technology, academic institutions and the private sector. SUMMARY NEXTGEN AGRIBUSINESS ECONOMIC DEVELOPMENT STRATEGY Responding to global food challenges will require innovative responses that impact food quality, quantity and cost: Denver’s NextGen Study advances prior analysis with a focus on innovation and market opportunities. Key findings include: z The Front Range has experienced dramatic ag tech employment growth adding 18,500 jobs over the past decade (the 4th fastest among the top 20 metros by population). z The Front Range has benefited from a sustained increase in basic and applied ag tech research, rising from $70M to $175M annually (total increase of $1.2B since 2002). z Significance of technology, animal & human health, water and food to the Front Range economic future. Key insights from the 2014 Colorado State University Study, Emergence of an Innovation Cluster in the Agricultural Value Chain Along Colorado’s Front Range Include: 1 The Front Range has one of the highest regional concentrations of publicly-funded agricultural R&D in the nation 2 Colorado’s formal R&D activity in agriculture and food (as measured by patents and research papers) has grown at 2x to 4x the state economy The National Western Center will become the “Front Door” for Colorado ag tech — we have a strategy that bridges the next 10 years, leveraging the site’s rich history to expand academic and industry connections and advance an emerging ag tech cluster within the Front Range innovation community. By 2050, we will add 2.2 Billion additional people, and 66% of global population will reside in urban areas, disconnected from where food is traditionally grown. POPULATION GROWTH & URBANIZATION Since 1970, a steady decrease in arable land per capita has created pressure to increase crop yields. ARABLE LAND Today, several countries are already facing potable water scarcity – both on a seasonal and year-round basis. Looking forward, water will be the limiting global resource. WATER RESOURCES $71M $67M $62M $67M $66M $74M $88M $162M $164M $151M $161M $171M $177M $144M $194M $196M $187M $165M $146M $158M 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 USDA CURRENT RESEARCH FUNDING, COLORADO

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Page 1: SUMMARY NextGeN AGribusiNess ecoNomic DevelopmeNt strAteGy · ecoNomic DevelopmeNt strAteGy ... responses that impact food quality, quantity and cost: Denver’s NextGen study advances

Denver and the Front Range have an unique opportunity to contribute to future global food, water, and animal and human health needs — through technology and market solutions. The National Western Center area will be the point of leverage bringing together partners in innovation, advanced technology, academic institutions and the private sector.

SUMMARY NextGeN AGribusiNess ecoNomic DevelopmeNt strAteGy

responding to global food challenges will require innovative responses that impact food quality, quantity and cost:

Denver’s NextGen study advances prior analysis with a focus on innovation and market opportunities. Key findings include:

z the Front range has experienced dramatic ag tech employment growth adding 18,500 jobs over the past decade (the 4th fastest among the top 20 metros by population).

z The Front Range has benefited from a sustained increase in basic and applied ag tech research, rising from $70M to $175M annually (total increase of $1.2b since 2002).

z Significance of technology, animal & human health, water and food to the Front range economic future.

Key insights from the 2014 Colorado State University Study, Emergence of an Innovation Cluster in the Agricultural Value Chain Along Colorado’s Front Range Include:

1the Front range has one of the highest regional concentrations of publicly-funded agricultural R&D in the nation

2Colorado’s formal R&D activity in agriculture and food (as measured by patents and research papers) has grown at 2x to 4x the state economy

The National Western Center will become the “Front Door” for Colorado ag tech — we have a strategy that bridges the next 10 years, leveraging the site’s rich history to expand academic and industry connections and advance an emerging ag tech cluster within the Front Range innovation community.

by 2050, we will add 2.2 Billion additional people, and 66% of global population will reside in urban areas, disconnected from where food is traditionally grown.

PoPUlATIoN GRoWTh & URBANIzATIoN

Since 1970, a steady decrease in arable land per capita has created pressure to increase crop yields.

ARABle lAND

today, several countries are already facing potable water scarcity – both on a seasonal and year-round basis. looking forward, water will be the limiting global resource.

WATeR ReSoURCeS

$71M

$67M

$62M

$67M

$66M $7

4M $88M

$162

M$1

64M

$151

M$1

61M

$171

M$1

77M

$144

M$1

94M

$196

M$1

87M

$165

M$1

46M

$158

M

1996

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1999

2000

2001

2002

2003

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2008

2009

2010

2011

2012

2013

2014

2015

USDA CURRENT RESEARCH FUNDING, COLORADO

Page 2: SUMMARY NextGeN AGribusiNess ecoNomic DevelopmeNt strAteGy · ecoNomic DevelopmeNt strAteGy ... responses that impact food quality, quantity and cost: Denver’s NextGen study advances

NextGeN AGribusiNess ecoNomic DevelopmeNt strAteGy

The NWC area will be the place where “accidental collisions” occur, innovation happens, and talent concentrates — sustaining Denver as one of the nation’s fastest growing economies. The NWC innovation strategy is anchored by key precepts:

z Federal, University, and private R&D funding drives an increasingly knowledge-based, technology-driven economy.

z innovation drives the need for “accidental collisions” between people.

z companies know they must be in the right locations to compete for talent.

z Denver and Front Range Ag-Tech firms are already actively shaping a global food innovation agenda.

Front range differentiators include strengths in human health and cattle & dairy to expand animal health opportunities, colorado’s leadership in water management and savings recognized by innovative approaches such as the colorado state Water plan, our global connections through DeN and our fully e-connected economy, our highly educated, productive workforces, and professional services and support strengths including finance, intellectual property (including Denver’s USPTO office), and data/cyber security.

The NextGen 2.0 Agribusiness economic development strategy responds to a growing need for food, resource and health-related innovations. our sub-cluster focus includes:

z precision agriculture/smart farming

z Water quality and reuse

z Genomics – animal and human health

z Food processing & vertical farming

z Food waste and energy

core strAteGies oF the NWc ecoNomic DevelopmeNt visioN Support creation of 80,000 new jobs across the Front Range by 2030, of which 20,000 will be near NWC; focusing and sustaining business growth and job creation in the region's agribusiness innovation cluster

leverage global connectivity and a global ready workforce to meet the demands of addressing future food and resource quality and quantity challenges

Create an innovation ecosystem that is leading, inspiring, creating, and educating in the pursuit of global food, animal & human health, and water solutions

LOW GROWTH/ HIGH WAGE HIGH GROWTH/ HIGH WAGE

LOW GROWTH/ LOW WAGE HIGH GROWTH/ LOW WAGE

2016 | 02030 | 2182040 | 351

2016 | 2,0042030 | 2,4052040 | 2,740

2016 | 7,8572030 | 13,3902040 | 19,596

ANALYTICS

WATER

SENSORS

2016 | 1,0012030 | 1,9452040 | 3,125

SPECIALTY FOODS

2016 | 8572030 | 1,6132040 | 2,535

AGPRODUCTION

SENSORS

2016 | 1,9422030 | 2,5962040 | 3,194 PACKAGING

2016 | 5562030 | 1,0072040 | 1,539

ANIMAL HEALTH

WHOLESALE 2016 | 7,4162030 | 11,8892040 | 16,655

2016 | 4582030 | 7522040 | 1,071

2016 | 02030 | 2182040 | 351

2016 | 2,0042030 | 2,4052040 | 2,740

2016 | 5562030 | 1,0072040 | 1,539

2016 | 8572030 | 1,6132040 | 2,535

2016 | 7,8572030 | 13,3902040 | 19,596

AG INPUTS

ANALYTICS

LOW GROWTH/ HIGH WAGE HIGH GROWTH/ HIGH WAGE

LOW GROWTH/ LOW WAGE HIGH GROWTH/ LOW WAGE

ANIMAL HEALTH

WATER

SENSORS

2016 | 1,0012030 | 1,9452040 | 3,125

AG PRODUCTION

SPECIALTY FOODS

speciAlty FooD: eND mArKet ANimAl AND WAter: eND mArKets