Grant County has adopted a graduated level of taxing on all new commercial building with an assessed value of $30,000 or more in the county:
1st year: 20% of taxable value
2nd...
GCDC’s Revolving Loan Fund: This fund is available to finance new business start-ups, as well as for the retention and expansion of existing businesses and community projects in Grant County.
Direc...
Purpose
The APEX (Agricultural Processing and Export) Loan Program is designed to assist companies in communities with a population of 25,000 or less, which add value to raw agricultural products throug...
Growing Small Communities in South Dakota
The state’s CDBG program is funded through an annual formula allocation from the US Department of Housing and Urban Development (HUD). The program allows th...
Purpose
The Ethanol Infrastructure Incentive Program was designed to alleviate retailers across the state from costs associated with the installation of blender pumps.
The State of South Dakota has allocated $3.5 millio...
Following the recession of the early 1980s, the Future Fund was developed in 1987 with $1.8 million to invest in South Dakota’s workforce and build its economy. It helps t...
The MicroLOAN South Dakota Loan Program is a partnership with the South Dakota Development Corporation, and Governor's Office of Economic Development. These loans are made available to small businesses withi...
Purpose
We give new meaning to the phrase "ready, willing and able." Our REDI (Revolving Economic Development and Initiative) Fund is designed to help promote job growth in South Dakota. Thi...
The REED Fund is a non-profit tax-exempt 501(c)(3) corporation, formed through the collaboration of rural electric cooperative members of East River Electric Power Cooperative, Inc. REED serves in eastern Sout...
Purpose
The SBA 504 loan program offers subordinated, fixed rate financing to healthy and expanding small businesses. Long-tem, fixed rate financing (10-20 years) and reasonable rates (near long-term U.S. Treasury bon...
Program Overview
Business/commercial loans for businesses needing working capital
Term of 1 to 3 years
Loan amount up to $1 million with a minimum amount of $20,000
Eligible Borrowers
Businesses seeking new financing
Certified development financia...
Purpose
In 1999, a $3 million fund was created specifically to assist in funding feasibility and marketing studies for prospective value-added ag business. This Subfund of the REDI Fund is jus...
Train Your Employees
When it comes to training, South Dakota puts its money where its mouth is. Through our Workforce Development Program, companies have access to dollars to help train ne...
Category: State Incentives, Grants & Loans
Since 1925 Dakota Mahogany is exclusive to Milbank...
the warm rich tones are highly sought after throughout Europe, Asia, and right here at home.