Associated Press 10-20-06 Iowa State named finalist for BP's bioenergy project DES MOINES, Iowa (AP) -- Iowa State University is among the finalists vying for a $500 million bioenergy institute to be created by oil giant BP, university officials said. Iowa State is partnering with two other institutions to attract the Energy Biosciences Institute, which will serve primarily as a research facility. BP announced this week that Iowa State is among six partnerships and institutions still being considered for the project. "It's a very big deal, because it plays into our strengths here at Iowa State," said John Brighton, Iowa State's vice president for research and economic development. He called the project "a huge opportunity to add to our reputation as a university, and as a state, to build the economy." Iowa State's partners include the University of California-San Diego and the J. Craig Venter Institute of Rockville, Md. The facility would be built near the San Diego campus. Iowa State's exact role has not been determined, though officials have touted its expertise in science, engineering and agriculture. BP, one of the world's largest oil companies, announced in June that it planned to dedicate $50 million per year for 10 years to the project. Jim Breson, an Iowa State graduate who is general manager of BP's project, has visited Ames twice to learn more about the university's capabilities. In addition to the UC-San Diego and Iowa State partnership, several schools were invited to submit proposals for the project: the Massachusetts Institute of Technology, partnering with Purdue University; the University of CaliforniaBerkeley; England's Cambridge University, and Imperial College in London. Proposals must be submitted by Nov. 20, with BP's selection to be announced by the end of the year, said Robert Brown, director of Iowa State's office of biorenewables programs. BP wanted universities vying for the project to partner, and Breson recommended that Iowa State collaborate with UC-San Diego, said Brown, who has played a major role in Iowa's efforts to expand in the burgeoning biofuels industry. "They saw that no single school could bring all the technical capability that they needed," Brown said Thursday. Iowa State brings several scientific strengths to the partnership, as well as its location in the heart of a region that leads growth in the biofuels industry, Brighton said. UC-San Diego, located in a world-renowned biotechnology hub, is known for its expertise in fundamental microbial sciences, Brown said. The Venter Institute, a nonprofit organization known for its expertise in genomics research, "would bring incredible genomics entrepreneurship to this project," he said. "We need each other," Brighton said.