Ascent Innovation 525 University Loop Ascent Innovation, Rapid City, SD 57701

Ascent Innovation, located at 525 University Loop in Rapid City, South Dakota, is a university focused on igniting innovation in the area. With a new 40,000-square-foot building for startup ventures, Ascent Innovation is leading the charge in fostering entrepreneurship, commercialization, and technology. The institution serves as a hub for connecting innovators and business owners with the resources needed for each stage of development. Through partnerships with Elevate Rapid City and various business support services, Ascent Innovation is driving exponential growth in the tech economy of the Black Hills region.

The campus offers a range of programs and resources tailored to the needs of entrepreneurs at different stages, from university-sponsored business plan competitions to access to angel investors and established networks. By supporting a diverse range of entrepreneurs, Ascent Innovation is helping to grow the high-tech economy in the area. Companies like VRC Metal Systems and Property Meld have already graduated from the campus and are expanding in the community, with more promising companies on the horizon.

The new Ascent Innovation Campus, strategically located between Mines and downtown Rapid City, aims to bridge the gap between academia and industry. By housing South Dakota-based businesses that source interns from Mines, the campus is creating talent pipelines that benefit both students and the local economy. The institution's mission to support the growth of highly skilled tech-centered jobs in the region is evident in its collaborative efforts with various stakeholders.

With major developments in the healthcare industry, the Sanford Underground Research Facility, and the presence of B-21 bombers at Ellsworth Air Force Base, the Black Hills area is experiencing a tech sector boom. Ascent Innovation's role in fueling this growth is crucial, as it has the potential to transform the region into a leader in technology manufacturing. The cooperative support for tech development from university, business, and political leaders is driving economic growth and innovation in the area.

South Dakota Mines, founded in 1885, is a key partner in the success of Ascent Innovation. The university offers top-notch engineering, science, and technology programs, with a high placement rate for graduates and a strong return on investment. With a focus on providing affordable, quality education, South Dakota Mines is a leader in preparing students for successful careers in the tech industry. Visit www.sdsmt.edu to learn more about Ascent Innovation and the opportunities it offers for students, entrepreneurs, and the community.