The 15th annual National Institutes of Health Small Business Innovation Research and Small Business Technical Transfer Conference brings 350 men and women from all across the country to Sioux Falls.
"Different states are represented, scientists, researchers, small business people are looking for funding from the National Institute of Health," Governor's Office of Economic Development Commissioner Pat Costello said.
The conference is hosted by the National Institutes of Health. The NIH awards $700 million annually to small businesses to perform innovative research.
Now small businesses are in Sioux Falls for the conference to learn about different funding opportunities. The conference is about networking. But for the Rushmore State, it is all about leaving a lasting impression.
"It's really an opportunity for us to partner with the federal government to be able to expand research and development," Costello said.
"It is a great opportunity for us to let others know what is happening in South Dakota and in Sioux Falls," University of South Dakota Vice President of Research Laura Jenski said.
People from all about 38 states from across the county are sitting in the conference at the Sioux Falls Convention Center. The conference shows off South Dakota, possibly leading small businesses to find a home in KELOLAND.
"We have some tools to that and we are trying to relay that to these people to entice them to South Dakota," Costello said.
The conference began on Monday and ends on Wednesday.