Black Hills FOX Business: New Ascent Innovation Center coming downtown

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RAPID CITY, S.D. (KEVN) - A new facility in the works in downtown Rapid City is set to ignite innovation, create connections, and inspire growth throughout the community come 2020.

The new Ascent Innovation Center sprouting out of the School of Mines and Technology campus will be a two-story, 40,000-square-foot facility.

The building will house about 20 businesses and only add to the building Ascent has occupied since 2006.

Executive Director Terri Haverly says the new space is sure to be a stomping ground for connectivity and creativity.

"A lot of what an innovation center provides is the other entrepreneurs running into each other so you can work off of one another so we'll have huddle rooms, makerspace, collaborative areas," Haverly said.

Small business owners, entrepreneurs, students freelancers, and city residents will only have to think and pour into their dream while the facility does all it can to support their needs.

A year and a half ago, the mayor and Rapid City Council had the vision to provide a more visible area for the facility connecting downtown with the School of Mines.

Haverly says it is all about contributing to the general economic health of the region and the location couldn't be more beneficial.

"So this is really about growing our own companies, growing and keeping students from the School of Mines, Western Dakota Tech, all the universities in the area, to graduate and to stay here and to have a good paying job," she said.

Construction on the new Ascent Innovation Center will begin this summer and it's expected to open late 2020.

If you would like more information or to get a space at the campus for your business or idea, you can contact Terri Haverly at 605-716-0003.