Earlier today we talked about the incubators and accelerators in Tennessee and Ohio. As we often say, there are accelerator programs and startup initiatives everywhere (or everywhere else), even Sioux Falls, South Dakota.
Sioux Falls startup incubator, the South Dakota Technology Business Center, started their 2013 accelerator program with six entrepreneurial teams that were competitively selected to participate.
The SDTBC’s accelerator program is a break from the traditional model. Rather than having teams quit their jobs, move to Sioux Falls, and participate in a 90 day or 120 day program, their program is a series of monthly workshop days focusing on business concepts and model, sales growth, and scaling their business.
The companies selected to participate in this year’s program are:
Braced With Style
Nanofiber Separations LLC
These companies are learning how to be successful from some of the region’s top experts in entrepreneurship, sales, finance, intellectual property, business law and more,” Pam Boehm, the center’s client services manager said in a statement. “We are excited to be working with these entrepreneurs and the more than 20 subject matter experts sharing their time and talents to further entrepreneurship in South Dakota.”
The companies are also competing throughout the program for portions of a $20,000 pool of funds and in-kind business services designed to take their startups to the next level. The $20,000 prize fund and services will be distributed throughout the course of the program.
The 2013 Accelerator is sponsored by Forward Sioux Falls and South Dakota EPSCoR. EPSCoR is the Experimental Program to Stimulate Competitive Research that is funded by the National Science Foundation.
You can find out more here.