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SD

South Dakota Proof of Concept Fund

State funding for technology commercialization and proof-of-concept work by South Dakota startups and researchers.

About this program

South Dakota’s Proof of Concept Fund supports commercialization activities for innovative technologies and startup ideas. Aberdeen entrepreneurs and research teams may use the program for validation, prototype, market, and technical milestones that move a concept toward commercialization.

Eligibility

South Dakota entrepreneurs, startups, and researchers with eligible technology commercialization projects.

Requirements

  • Apply through South Dakota GOED or designated program process
  • Provide technology description, commercialization plan, budget, milestones, team, and market information
  • Meet performance milestone, reporting, and eligible expense requirements