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AURI tells lawmakers it helped drive $187 million in new annual sales, seeks continued base funding

2288534 · February 12, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Agricultural Utilization and Research Institute told the House Ag Finance Committee it completed about 100 projects in FY24, reported $187 million in attributed new annual sales and confirmed a FY26 goal of $500 million in economic impact; the group outlined facilities, staffing, and program priorities.

The Agricultural Utilization and Research Institute told the House Agriculture Finance and Policy Committee it completed roughly 100 projects in fiscal year 2024 and helped Minnesota food and agribusinesses generate an estimated $187,000,000 in new annual sales.

“For the record, my name is Dan Sparks, director of government and industry relations at AURI,” Sparks said as the session began. Federico Tripodi, AURI board chair, and Shannon Schlicht, AURI executive director, joined Sparks to outline the institute's work and facilities.

Tripodi described AURI's mission and long-term target: “Our North Star is to drive impact. Tangible results through the work we do, 500,000,000 in economic impact through jobs, investment, and sales growth by the end of our fiscal year 20 26 off of your roughly $4,400,000 in support each year,” he said. Schlicht summarized the institute's…

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