SDTBC client companies are innovative technology based enterprises whose success leads to job creation and economic development, which in turn contributes to expanded opportunities for Sioux Falls and the region. SDTBC seeks entrepreneurs that are starting a business in South Dakota or are seeking to expand to our area. We look for high growth entrepreneurs that have a technology-focused business and who could benefit from the programs and services offered at SDTBC. Applicants are expected to submit a business plan along with their completed SDTBC application. The SDTBC will provide entrepreneurs with sound business ideas, but who have not yet completed their business plan, with referrals to organizations that can provide assistance.
Entrepreneurs may choose to begin their association with the SDTBC in a gradual build-as-you-grow approach with our Virtual Office Program or the Next Step Program while developing a business plan. To be accepted as a full resident client, the entrepreneur must have a complete business plan.
The SDTBC client application process begins when you contact SDTBC for assistance in planning your business. You will be encouraged to visit our facility and review your plans along with our admission criteria. The SDTBC admission criteria focuses on assisting start up businesses and those that want to grow; ideal prospects will understand and demonstrate their ability to benefit from the services that we provide. Clients should be proprietary entities and have a completed business plan. The business plan should outline their growth potential and identify their focus as a technology-based company. The SDTBC also leases space to organizations that provide essential services to entrepreneurs and the business community. Following our introductory meeting, prospects are asked to submit their application and supporting documents including the business plan. SDTBC staff will evaluate the application and refer qualified applicants to the admissions committee. Click here to see a flow chart of the admission process. Upon successful review of the application, clients will be offered lease opportunities and discuss applicable service needs. The entire process can be as short as a few days or as long as you need to get started on the correct path to entrepreneurial success.
Click here to complete the Application for Admission to SDTBC.
The South Dakota Technology Business Center offers a place for existing businesses that want to create an office or expand to a location in Sioux Falls, South Dakota. Our turnkey solution to setting up an office makes the Technology Business Center a likely choice for out-of-state or international businesses to launch their South Dakota presence. Your business can choose the option that best suits your needs initially and as you grow. It is possible to start in a virtual office, take the Next Step to a shared suite then eventually occupy your own leased suite. Contact us today and we can help you see the advantage of our flexible programs for moving and growing your company in South Dakota.