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SD Proof of Concept Program

SD Proof of Concept Program

SD Office of Economic Development
LOCATION & INDUSTRIES
AMOUNT

Up to $25,000

OWNERSHIP REQUIREMENTS
DEADLINE

Rolling

ABOUT THE GRANT

The Proof of Concept program provides up to $25,000 to conduct research that demonstrates the technical and economic feasibility of an innovation before it is commercialized. The program is open to those committed to commercializing an innovation in South Dakota, such as entrepreneurs, universities, existing South Dakota companies and other entities. Investment proceeds may be used to pay consultant contracts, material and supplies, salaries for employees in South Dakota, and necessary services for technical feasibility or marketing studies.

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NOTES

We haven't added commentary on this grant yet. In the meantime, the fundor's website (linkeded above) is the best source for application details and eligibility specifics.

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