Brookings just hit the jackpot with a hefty grant to boost bio-tech projects!
BROOKINGS, SD (KELO.com) — Dakota BioWorx, a company based in Brookings, has secured a significant economic grant from the Future Fund, aimed at enhancing the bioprocessing industry in South Dakota. In collaboration with South Dakota State University (SDSU) and the School of Mines, Dakota BioWorx is set to make strides in developing value-added agricultural products that could benefit farmers across the state.
Governor Larry Rhoden announced the $900,000 investment, emphasizing its vital role in supporting initiatives that promote value-added agriculture. This funding is not just a boost for Dakota BioWorx; it’s a commitment to elevating the agricultural landscape in South Dakota as a whole.
The partnership with SDSU and the School of Mines is expected to yield innovative solutions for farmers looking to maximize the value of their crops. By focusing on bioprocessing, the project aims to transform raw materials into more profitable goods, thereby enhancing the bottom line for local agricultural producers.
Governor Rhoden highlighted the importance of such investments, noting that they pave the way for economic growth and sustainability in the agriculture sector. This grant aligns with the state’s broader goals of supporting economic development and creating jobs in rural areas.
As Dakota BioWorx embarks on this promising venture, the local community looks forward to the potential advancements in farm product development. This initiative not only aims to benefit individual farmers but is also set to energize the state’s economy, showcasing South Dakota as a hub for agricultural innovation and bio-tech advancements.
