McGowan Capital and SDIP Help New Technology Startups

 

From SDSU President, David L. Chicoine and as published in ‘STATE’ magazine in the Fall 2014 issue

 

Technology Based Startup Companies

In 2009, a group of investors, led by McGowan Capital Group, formed South Dakota Innovation Partners (SDIP) to launch and provide early-stage funding and business management expertise to technology-based startups, shepherding them through the “valley of death”.  SDIP is working with six promising young companies, bringing to market, under a license with the university, new research-derived technologies discovered by SDSU faculty.  

 

The Research Park, South Dakota State University

The Research Park at South Dakota State University, a shared effort with the city and county governments in Brookings, has attracted businesses with space conveniently located near the university.  Investor-owned Brookings BioSpace provides lab and office space for emerging bioscience companies.  The Technology Center for Rural Enterprise, developed by the Brookings Economic Development Corporation, is a pilot-plant scale-up facility dedicated to supporting the success of startup ventures.

 

For the full article, please visit A New Level of Engagement

 

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