Incentives Directory

Incentives Directory



Our 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...
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Category: 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...
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Category: State Incentives, Grants & Loans

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...
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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...
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Category: State Incentives, Grants & Loans

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...
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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...
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Category: State Incentives, Grants & Loans

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...
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Category: State Incentives, Grants & Loans

GROW South Dakota is a statewide non-profit organization that provides programs and loan products to advance housing, community, and economic development.
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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...
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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...
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Category: State Incentives, Grants & Loans

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...
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Category: State Incentives, Grants & Loans

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...
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Category: Local Incentives, Grants & Loans

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...
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Category: State Incentives, Grants & Loans

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...
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Category: State Incentives, Grants & Loans

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...
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Category: State Incentives, Grants & Loans

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...
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