VERMILLION, S.D. -- A new Innovation Lab equipped with the latest 3D equipment will help student entrepreneurs in the University of South Dakota’s Beacom School of Business to quickly and inexpensively develop prototypes for their ideas.
The lab, which formally opened Monday, provides experiential learning opportunities to students in various aspects of entrepreneurship, including rapid prototyping, market research and new venture creation, said Venky Venkatachalam, Beacom School of Business dean. That will allow them to do market feasibility studies and business planning in a shorter timeframe, he said.
The Innovation Lab equipment includes three Ultimaker 2 and MakerBot model 3D printers; a MakerBot Digitizer 3D scanner; computer; and computer-aided design (CAD) software by SolidWorks.
Besides adding the lab, the Beacom School of Business is training next-generation entrepreneurs through new academic programs in innovation and entrepreneurship, hiring world-class faculty and engaging students in collaborative and experiential learning opportunities.