By Presidential Executive Order, the Administration has approved the establishment of a National Biotechnology and Bio-manufacturing Initiative. The objective of the action is to develop markets for bio-based products and to stimulate research and development associated with biotechnology. The initiative will harness the resources of diverse Federal agencies to expand U.S. manufacture of bio-based products.
The White House noted, "investments, programs and partnerships within the initiative would advance research and development in engineering biology and bio-manufacturing, expand the strength and domestic bio-manufacturing capacity and create a resilient supply chain.