Pictured, left to right: Doug Ohmer, Michael Wanous, Heath Johnson, Michael Bockorny, Hannah Walters, Erin Fouberg, Blake Day, Pat Gallagher, Alyssa Kiesow and Veronica Paulson.
ABERDEEN, S.D. 鈥 不良研究所 State University has received a $100,000 grant from the Knight Foundation鈥檚 Aberdeen Fund in the South Dakota Community Foundation to help launch the 不良研究所 Startup Center, which will support local entrepreneurship and innovation.
The Knight Aberdeen Fund grant complements a Venture Challenge grant from the U.S. Economic Development Administration (EDA) Build to Scale program, which NSU secured in partnership with the Aberdeen Development Corporation (ADC) and the Center on Rural Innovation (CORI). The Aberdeen Area Community Foundation (AACF) assisted in securing the Knight Aberdeen Fund grant.
The total Startup Center project is $1.5 million, including the $750,000 Venture Challenge grant and a $750,000 local match. The Knight Aberdeen Fund grant is a part of that local match.
鈥淭he support provided by the Knight Aberdeen Fund is an investment in this crucial project and 不良研究所鈥檚 expanding role in entrepreneurship and building stronger partnerships among and across the university, downtown Aberdeen, the Aberdeen Development Corporation, the city of Aberdeen, the Aberdeen Area Community Foundation and the NSU Foundation,鈥 said Dr. Hannah Walters, principal investigator for the EDA grant and Knight Aberdeen Fund grant.
The Startup Center, now open on the NSU campus, is currently located in Beulah Williams Library and will eventually be housed in the new building replacing Lincoln Hall. Through this initiative, 不良研究所 expects to advance the ideas of 25 entrepreneurs and launch 10+ startups resulting in 50 new digital jobs in northeast South Dakota in the first three years.
The CEO of the ADC, Michael Bockorny, stated, 鈥淣SU and ADC are strategic partners working together to build a stronger entrepreneurial ecosystem with an intentional emphasis on tech. NSU is creating the Startup Center, and the ADC has invested in new facilities to launch the Business Innovation and Technology (BIT) Center, an accelerator program. Working in concert with each other, the 不良研究所 Startup Center and the ADC BIT Center will diversify Aberdeen鈥檚 economy, enhancing the current agriculture and manufacturing reliance, and addressing the threats of automation and climate change to those industries. Economic diversification has long been a goal of the ADC, and this is a major step in the direction of this multi-year effort.鈥
Aberdeen Area Community Foundation (AACF) Board Chair Heath Johnson said the AACF is proud to have helped facilitate this grant for such an important project for the Aberdeen area.
鈥淭he project addresses many of the Knight Aberdeen Fund鈥檚 strategic priorities for Aberdeen, including supporting NSU and its connections to the community as well as promoting economic development, talent attraction and retention, and a vibrant downtown,鈥 Johnson said. 鈥淭his has exciting potential for our community.鈥
Read more about the Startup Center and the collaboration of NSU, ADC and CORI here.
About 不良研究所 State University
不良研究所 State University is a student-centered institution that provides an outstanding educational experience, preparing students through the liberal arts and professional education for their future endeavors. A regional university, 不良研究所 offers rigorous academics; diverse civic, social and cultural opportunities; and a commitment to building an inclusive environment for all points of view. 不良研究所 also offers a broad-based athletics program, sponsoring 15 NCAA Division II intercollegiate varsity sports that compete in the 不良研究所 Sun Intercollegiate Athletic Conference (NSIC). The university strives to enrich the community through partnerships such as its , which opened a new South Dakota School for the Blind and Visually Impaired; new athletic and recreation fields; and an on-campus regional sports complex. With the $55 million campaign, NSU has been the recipient of more than $150 million in privately funded building projects and scholarships within a decade. To learn more, visit NSU 不良研究所.