Full Membership: Any corporation, partnership, association, or other entity organized for profit whose business activities involve biotechnology or products derived from biotechnology, is eligible for Full Membership. Public institutions qualify as non-voting members. A Full Member shall enjoy the privileges designated by the Board of Directors and shall have full voting privileges. Full Member Dues are based on the gross revenue of company. If your company has revenues:
Less than $1 million, dues are $850 .
Between $1 million and $5 million, dues are $1,500 .
Between $5 million and $10 million, dues are $3,000 .
Over $10 million, dues amount is $6,000 .
Associate Membership: Any corporation, partnership, association, or other entity organized for profit, a substantial portion of whose business activities involve providing services or products of benefit to companies whose business activities include biotechnology, or with a demonstrable interest in biotechnology and the life sciences, is eligible for Associate Membership. An Associate Member shall enjoy the privileges designated by the Board of Directors and shall have full voting privileges. Associate Member Dues are based on the gross revenue of company. If your company has revenues:
Less than $1 million, dues are $850 .
Between $1 million and $5 million, dues are $1,500 .
Between $5 million and $10 million, dues are $3,000 .
Over $10 million, dues amount is $6,000 .
Affiliate Membership: Entities or individuals whose activities include biotechnology or support the purpose of the SD Biotech Association, as stated in Article II, is eligible for Affiliate Membership. An Affiliate Member will enjoy the privileges designated by the Board of Directors, but shall not have voting privileges. Types of Affiliate Memberships and criteria are defined as:
University Membership: Any public or private post-secondary academic institution that utilizes life sciences or other biotechnology and is involved with research and/or development of a product or information. Annual investment is $2,500.
Non-Profit Associations & Government Entities: Any non-profit entity or governmental agency that is not a full or associate member having an interest or supports biotechnology and the SD Biotech Association. Annual investment is based on the below revenue schedule:
Service Providers & Financial Institutions: Any firm that provides professional services to members of the life science and biotech industry such as architects, accountants, attorneys, consultants, engineers or banks. Annual investment is $500.
Entrepreneurs: Any person or company in business for less than two years. Annual investment is $400.
Company Representatives: Any sales, marketing, or government relations representative with headquarters outside of the state, doing business or having business interests in South Dakota. Annual investment is $250.
Private Individuals: Annual investment is $250.
Students: Annual investment is $50.