About GCDC

Building Opportunity in Grant County

Grant County Development Corporation works to strengthen the local economy by supporting business growth, advancing strategic development projects, and building partnerships that create long-term opportunity throughout Grant County.

From business financing and industrial development to housing, workforce, and childcare, GCDC helps turn community needs into development opportunities.

Who We Are

Who We Are

The Grant County Development Corporation (GCDC) is a local economic-development organization working with businesses, communities, lenders, state agencies, developers, and other partners to move projects forward.

GCDC helps coordinate the people, resources, and tools that turn community and business needs into real development outcomes across Grant County.

Mission Statement
The Grant County Development Corporation drives economic growth, supports business success, and strengthens the long-term vitality of our communities.
What We Do

Coordinating the Work That Moves Grant County Forward

GCDC's work spans the core areas that drive local economic growth.

Business Retention, Expansion & Financing

Helping businesses start, expand, relocate, and structure financing opportunities.

Industrial & Infrastructure Development

Supporting industrial sites, utilities, infrastructure, and business-development projects.

Housing & Quality of Life Projects

Supporting residential development as a critical component of workforce and community growth.

Workforce & Talent Initiatives

Addressing workforce needs through partnerships, housing, childcare, and community initiatives.

Childcare

Supporting childcare capacity as workforce infrastructure through programs such as the Bright Futures Fund.

Community & Investor Partnerships

Bringing together public and private partners to advance major development opportunities.

How GCDC Works

Connecting the Pieces That Move Projects Forward

GCDC is not simply a referral organization — it actively helps coordinate development projects from idea to implementation.

01

Identify the Opportunity

Understand the business, housing, workforce, infrastructure, or community need.

02

Build the Partnership

Bring together the appropriate businesses, lenders, communities, utilities, developers, and agencies.

03

Structure the Project

Evaluate financing, incentives, infrastructure, sites, and other development tools.

04

Coordinate the Process

Help keep project partners moving toward implementation.

05

Invest in Long-Term Growth

Focus on projects that strengthen Grant County's economic future.

55+
Years Serving Grant County
Our Story

More Than 55 Years of Building Grant County

For more than five decades, Grant County Development Corporation has worked to support business development, job creation, investment, and community prosperity.

While the tools and challenges of economic development have changed, GCDC's role has remained consistent: bringing people, resources, and opportunities together to strengthen the future of Grant County.

GCDC continues to coordinate strategic partnerships, support local employers, and lead initiatives that fuel economic opportunity and strengthen the future of Milbank and the greater Grant County region.

Leadership

Leadership Focused on Development

Traci Elaine Stein, Executive Director of the Grant County Development Corporation
Traci Elaine Stein Executive Director, GCDC

Traci Stein became the Executive Director of the Grant County Development Corporation (GCDC) in April 2024. She brings more than 16 years of experience in economic development, community growth strategy, and public-private partnership leadership.

Before joining GCDC, Stein served in key leadership roles with the Watertown Development Company for 16 years, where she played an instrumental role in advancing major initiatives in housing, childcare, retail, commercial development, and industrial expansion. Throughout her career, she has worked collaboratively with state, regional, and community leaders to drive economic vitality, attract investment, and strengthen local business ecosystems.

She is a Certified Economic Development Finance Professional (EDFP) through the National Development Council — providing specialized expertise in development finance, business lending, and complex funding structures for community and economic-development projects.

  • Master of Science in Information Systems, Dakota State University
  • Bachelor of Business Administration, Mount Marty College
  • Certified Economic Development Finance Professional (EDFP), National Development Council
  • 16+ years of economic-development and public-private partnership leadership
Development Expertise

Development Is About More Than Finding Money

Development Finance

Helping identify and structure potential financing sources.

Business Lending

Understanding project cash flow, financing gaps, and lending requirements.

Public-Private Partnerships

Bringing public and private resources together around development opportunities.

Housing Development

Supporting projects that respond to workforce and community housing needs.

Infrastructure

Helping coordinate the infrastructure necessary to support growth.

Strategic Project Development

Helping move projects from concept through financing, partnerships, and implementation.

Why It Matters

Economic Development Doesn't Happen in a Vacuum

Successful projects often require coordination among businesses, developers, lenders, communities, utilities, state agencies, and funding partners. GCDC helps connect those pieces.

Businesses

Access to local project support, financing resources, sites, and development partners.

Communities

Strategic investment that supports long-term growth and local vitality.

Employers

Support for workforce, housing, childcare, and infrastructure challenges that affect business growth.

Developers

Local market knowledge, project coordination, and access to potential financing and development resources.

Leadership & Board of Directors

Leadership & Board of Directors

Grant County Development Corporation is guided by local business and community leaders who provide oversight, perspective, and strategic direction for the organization's economic-development work.

Josh Wendland President President, Milbank House Movers
Steve Wenzl Vice President President, Frandsen Bank
Nichole Bury Secretary Bury Farms
Dave Page Treasurer General Manager, Whetstone Valley Electric
Tom Schuneman Past President Brandt Holdings
Board Members
Brian Sandvig CFO, Valley Queen
Natalie Gauer Avera Milbank Hospital
Scott Wiese Otter Tail Power Company
Jon Christensen Whetstone Valley Electric
Bill Tostenson Grant County Commissioner
Steve Pendergrass City Administrator
Mike Hanson Mayor, City of Milbank
Brian Trapp First Bank & Trust
Justin Downes Superintendent, Milbank School District
Troy Kastrup Board Member
Suzanne Souza Victory Farms
Lance Junso Frandsen Bank
Dave Hicks Hicks Construction

Let's Move Grant County Forward.

Whether you're expanding a business, evaluating a development project, exploring financing, or looking for a community partner, GCDC is ready to start the conversation.