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Governor's Office Of Economic Development

Location

Pierre, SD

Project Name

South Dakota Bioscience Commercialization Alliance

Program

i6

Award Amount

Federal Share

Non-Federal Share

$498,000.00

$498,000.00

This EDA investment will fund the creation of the Center for Innovation and Entrepreneurship, a proof of concept program to efficiently evaluate and move bioscience innovations to market and develop the skilled workforce needed to commercially manufacture products currently in clinical trials, recently approved, and at earlier technology readiness levels. In addition, the project will bring together key partners to create the South Dakota Bioscience Commercialization Alliance, a public-private partnership involving the Governor’s Office of Economic Development, bioscience association and industry partners, South Dakota universities, health care organizations, and private equity investors to support the Center.  These efforts will impact the region through next gen entrepreneurs, jobs created and retained, SBIR/STTR proposals submitted, and workforce training.

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