Incentives Directory

Business & Entrepreneurship

dakota risingOur student guide to entrepreneurship not only outlines some important things to consider before starting a business, but also offers information on developing a business plan and securing funding.

This is a critical source of information for students - or any individuals - considering the self-made path to success through entrepreneurship.

We walk budding entrepreneurs through the following steps:

  • Questions to ask yourself before you begin
  • Learn the habits of highly successful entrepreneurs
  • Solidify your idea and create a business plan
  • Gain exposure and funding
  • Get a legal and licensed start

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cheryl

common sense

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The full guide can be viewed here: http://www.onlinemba.com/entrepreneurship-guide/.
 

Contacts

Dakota Resources

25795 475th Ave., Ste. 1
Renner, SD 57055

Phone: 605.978.2804

info@dakotaresources.org

http://www.dakotaresources.org/

Category: starting a business, education, economic development, new business startups

More starting a business, education, economic development, new business startups

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 through processing, or export a minimum of 75 percent of its product to entities outside th... Learn More
Our mission is to be a catalyst for the courageous leadership necessary to create sustainable solutions to tough public problems and ensure community vitality. The Foundation was established in 1953 by 3M executive Archibald Bush and his wife, Edyth, and today works in communities acros... Learn More
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 the state to fund a variety of different projects in small cities and rural areas. Al... Learn More
Dakota Resources launched Dakota Rising to help fulfill our core mission of “enriching communities and empowering people.” Through Dakota Rising, we seek out, celebrate, and inspire rural entrepreneurs through a free comprehensive 24-month program designed to provide rural entrepreneurs with the tools, resources and connection... Learn More
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 million over the next five years to get the program on its feet. In 2012, $950,00... Learn More
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 to support the training of employees, retraining of employees during layoffs, business recruitment, and research an... Learn More
GROW South Dakota is a statewide non-profit organization that provides programs and loan products to advance housing, community, and economic development. Learn More
Home Address Plus is a collaborative partnership bringing three of South Dakota’s key rural housing development leaders together into one statewide effort: Dakota Resources, GROW South Dakota and NeighborWorks Dakota Home Resources. This partnership provides deeper resources, enhanced technical support, dedicated community coaching and extensive education and networkin... Learn More
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 within the borders of South Dakota and South Dakota residents, including main street and retail operations... Learn More
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. This low-interest loan fund is available to start-up firms, businesses that are expanding or relocating an... Learn More
The REED Fund provides financing and helps leverage investment in small communities and rural areas, targeting projects that will promote growth and contribute to job creation, wealth creation and improvements in the infrastructure and economic base. The REED Fund provides needed development capital at reasonabl... Learn More
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 bond rates), make the 504 Program an attractive and effective economic development financing tool. Criteria Type of Financing... Learn More
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 financial institutions Meet US Treasury guidelines Only have one WORKS loan program at a time for a company Ineligibl... Learn More
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 just one step toward improving value-added ag in South Dakota. By partnering with the Department of Agriculture... Learn More
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 new AND existing employees. Think your business could benefit by upgrading your employee's skills? Click o... Learn More