Strategy I:
Innovation & Entrepreneurship
GOAL:
Create high-paying jobs in the local economy by incubating, nurturing and growing local start-up companies
Objective 1 – Provide The Physical And Administrative Backbone To Facilitate Ideas To Market
- Support the construction and governance of the new Innovation Center in the East of 5th District.
Objective 2 – Generate Momentum And Acceleration For Catalytic Growth
- Provide seed money and equity positions for high growth potential applicants through the Incubator and Accelerator programs.
- Support codes, highest and best uses, and incentives for the Rapid City Innovation District, as identified within the City’s new Downtown Master Plan.
Objective 3 – Strengthen And Assist The Engagement Of The School Of Mines And SURF
- Embed the Honors program and Alumni portal within the business community.
- Support tech transfer from academia/labs to generate knowledge jobs.