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I <br />,I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I <br /> <br />Pa ge Twq. <br />/,linnesota Wellspring Con:mi <br />December 23, 1981 <br /> <br />Committees (continued) <br /> <br />Described below are the first seven committees formed by the Minnesota Wellspring <br />Board of Directors. Each is charged with developing their assignment and pro- <br />posing a subsequent plan for action. All projects must be approved by the Board. <br /> <br /> ~ECHNOLOGY AND JOB CREATION <br /> Business Capital Needs <br /> <br /> Goal: To work with the investment community to help create <br /> jobs and improve technology transfer in Minnesota. <br /> <br /> Proposal: -Work to increase the pool of seed capital for early- <br /> stage business financing. <br /> <br /> · Assist and strengthen organizations which provide <br /> assistance to entrepreneurs. <br /> <br /> · Explore the feasibility.of investing pension funds <br /> in ways that assist small businesses. <br /> <br /> Chairman: Richard McFarland <br /> <br />Biotechnology Center <br /> <br />I <br />I <br />I <br />I <br />I <br />! <br />I <br />I <br />I <br /> <br />Goal: <br /> <br />'Proposal: <br /> <br />Cha i rman: <br /> <br />To stimulate cooperative research and to facilitate <br />the transfer of technology in medical, chemical, <br />biological, agricultural, pharmac6utical, and energy <br />fields. <br /> <br />Establish a r~search center which brings together <br />bioscientists from the academic and business sectors <br />in cooperative projects. <br /> <br />Richard Caldecott <br /> <br />Minnesota Energy Resource Center <br /> <br />Goal: <br /> <br />To develop Minnesota's market potential as an energy <br />resource and conservation state. <br /> <br />Strateg~ Participate in the planning group aimed at establishing <br /> a center to: <br /> <br />Chairman: <br /> <br /> Identify'and link appropriate actions <br /> Promote research and development of renewable <br /> energy and energy conservation technologies <br /> Develop a strong market infrastructure for energy <br /> conservation technologies and indigenous energy <br /> production <br /> <br />Kent Eklund working with Representative Ken Nelson <br /> <br /> <br />