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The Proof of Concept Fund is a loan program that will provide up to $25,000 investments for eligible applicants to conduct research demonstrating the technical and economic feasibility of an innovation significantly enhancing the likelihood of commercialization of the innovation.
Eligible applications for “Proof of Concept” investments include: entrepreneurs, universities, existing South Dakota companies, or other entities committed to commercializing the results in South Dakota.
To apply, please visit the Proof of Concept page by clicking here.
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