COVID-19: The Governor’s Office of Economic Development is here to support you during these challenging and uncertain times. Learn More
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.
Sign up for our newsletter and stay up-to-date on the latest news, rankings, and information on economic development in South Dakota.