Research, business institute launched in South Dakota. Tech Transfer and Commercilization keys to State Economic Development

State and local economic development officials Thursday announced the launch of a national institute in the Black Hills designed to bring ideas and technology developed by university researchers to entrepreneurs willing to turn them into commercial projects.

The establishment of the N2TEC Institute, or National Network for Technology Entrepreneurship and Commercialization, in the Black Hills was announced Thursday at a news conference in Rapid City by Jafar Karim, director of the Governor’s Office of Economic Development, state Office of Commercialization director Mel Ustad, Black Hills Vision chairman Mike Derby and others.

It will be a national pilot project, he said.

Black Hills Vision http://www.blackhillsvision.org/

South Dakota’s 2010 initiative http://www.2010initiative.com/

By Steve Miller, Journal Staff Writer

Full Story: http://www.rapidcityjournal.com/articles/2006/03/17/news/local/news12.txt