A $50,000 Wells Fargo grant given to the Vision Brookings Foundation will help build a technology commercialization center in Brookings.
The $2 million Agriculture Technology Center for Rural Enterprise will be a 30,000-square-foot sustainable development facility.
The Brookings Economic Development Corporation center will enable the integration of individual, pilot-scale technologies into production systems and establish new agri-businesses led by entrepreneurs in rural communities.
Officials say two private businesses formed around South Dakota State University-licensed research are ready to lease the center once it's built. Cyanosun Energy produces high value drop-in fuels and chemicals by converting carbon dioxide and sunlight. Prairie AquaTech produces aquaculture feed by converting plant-derived carbohydrates into highly-concentrated protein.
Construction of the new center will begin in the spring of 2013.
Most Popular Today
- 1.Education Funding
Fired GEAR UP Worker Defends Stacy Phelps
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition
- 3.Development, Flooding
City Of Sioux Falls Buying Homes In Area that Floods
Thanksgiving 2015: Cheap Gas But Fears Of Terrorism
- 5.Retail & Restaurants
SD Attorney General Urges Residents To Be Careful Shoppers
Gas Prices Impact On Delivery Services
- 7.Education Funding
Black Hills State University Selected To Administer GEAR UP Program For Regents
- 8.Retail & Restaurants, Shops
Best Days To Get A Deal
- 9.Retail & Restaurants
Mayor Declares Small Business Saturday In Sioux Falls
Wednesday Morning Business Brief