News

USD Discovery District to Announce First Project


State catalyzing biopharma industry; Companies signed to launch innovation community

 

 

 

Who:                     The USD Discovery District and Governor’s Office of Economic Development.

 

What:                   Press Conference and Announcement

 

Why:                     The first project of the USD Discovery District will be announced as well as the partners,
scope and companies that will anchor the modern innovation community.

 

When:                  Monday–June 4, 2018

                                1:00 PM

 

Where:                 USD Graduate Education and Applied Research Center (main lobby)

(northeast corner of roundabout; adjacent to University Center)

4800 N Career Avenue

Sioux Falls, SD 57107

(parking to the east of the building)

Speakers:           The Honorable Governor Dennis Daugaard
State of South Dakota & Governor’s Office of Economic Development

President James W. Abbott
University of South Dakota & USD Discovery District

Rich Naser Jr., President
University of South Dakota Discovery District

Mayor Paul TenHaken
City of Sioux Falls

Company Representatives

Background:     The USD Discovery District, South Dakota’s first live-work-play innovation community,
is an urban 80-acre contemporary corporate and academic research park under development in northwest Sioux Falls. The District will provide access to research facilities and infrastructure for business development, foster collaboration for new technologies and create an environment for interaction between businesses, students, researchers and entrepreneurs.

 

The USD Discovery District is a public-private partnership among the University of South Dakota, the Governor’s Office of Economic Development, the City of Sioux Falls, the Board of Regents and the business community through Forward Sioux Falls. The goal of creating the Discovery District is to strengthen South Dakota’s capacity to support and grow innovation-based businesses resulting in new jobs, increased regional wealth and tax revenues.

 

At full build out, the direct economic impact is projected to include:

§  26 privately developed buildings,

§  $314+ million facility construction value, and

§  2,800 people employed by companies located in the district. 

Workforce Training: The Sioux Falls Advantage

There is better training for our workforce in Sioux Falls. A multitude of options are available to meet businesses' needs at the postsecondary level including city programs, state grants, technical training, and a new $50 million scholarship program for technical school students.

  Read More