SOUTH DAKOTA GOVERNOR'S OFFICE OF ECONOMIC DEVELOPMENT (GOED)
Bioscience. Why South Dakota?
- Strong background in agriculture, so bioscience developments in fuels and seed engineering complement this existing infrastructure and expertise.
- Ready and trained workforce. South Dakota has the 6th highest concentration of graduates in bio-related programs per capita.
- Key sectors of the bioscience industry include Ag Feedstock & Chemicals, Bioscience-Related Distribution, Medical Devices & Equipment, and Research & Development.
South Dakota has a top-ranked business climate. When it comes to tax burdens, government efficiency, cost of doing business, business friendliness, and entrepreneurial friendliness, South Dakota consistently leads the nation. Additionally, we have an existing bioscience infrastructure that includes cGMP facilities, research parks, world-class healthcare systems, and opportunities for collaboration not found in every state.
That infrastructure is also growing. The University of South Dakota has just finished its master plan for an 80-acre Discovery District that currently houses the University Center - where the six state universities deliver courses; the Graduate Education and Applied Research (GEAR) Center; and a Current Good Manufacturing Practices (cGMP) facility that assists biotech businesses producing products for pre-clinical and clinical trials.
In the summer of 2015, the State of South Dakota and its partners announced the creation of the state's first megasite. Foundation Park is the first of its kind in South Dakota and will sit on more than 800 acres. With its creation, the state is opening its doors even further for manufacturers to have a presence in South Dakota growing the state's already-strong manufacturing base.
For more information on the Bioscience industry in South Dakota, contact: