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Pierre, SD - 5.12.20 Gov. Kristi Noem said Tuesday the state has issued $10.5 million in economic development loans to 200 small businesses across South Dakota to provide financial assistance during the coronavirus pandemic. Noem started the Small Business Relief Fund in April. To qualify, businesses were required to have…
WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to the West River Foundation for Economic and Community Development in Sturgis, South Dakota, to establish a Revolving Loan Fund (RLF) to assist small businesses impacted by natural disasters in Bennett, Butte, Custer,…
U.S. Secretary of Agriculture Sonny Perdue announced Tuesday that the USDA is investing $3.3 million to provide broadband service in unserved and underserved areas in Pennington and Lawrence counties. This investment is part of USDA’s round one investments through the ReConnect Pilot Program. Perdue said the department chose western South…
SPEARFISH - Spearfish Economic Development Corporation (SEDC) recently received a $6,000 grant through Black Hills Energy’s Economic Development Grant program to support ongoing marketing efforts targeted at attracting additional outdoor product businesses to the Spearfish area. Outdoor recreation is an economic powerhouse in the United States, producing millions of jobs…
  RAPID CITY, SD – Elevate Rapid City is making $750,000 available through its new Emergency Bridge Loan Program to help small business owners in the Rapid City area experiencing economic damage as a result of COVID-19. These loans, which will be serviced by the West River Business Center, can…
STURGIS - The Sturgis Economic Development Corp. Board of Directors recently approved a Bridge Loan Package for small businesses located in Sturgis and Meade County that are experiencing economic damage as a result of COVID-19. Loans can be up to $5,000 per eligible business with 10 or fewer employees, or…
PIERRE - The Governor’s Office of Economic Development (GOED) understands that during these uncertain and challenging times in our world history, working capital is an issue. Governor Noem’s Small Business Relief Fund is now available to South Dakota businesses that need assistance to help make ends meet. Appropriate Eligibility Requirements:…
DEADWOOD — The Deadwood-Lead Economic Development Corporation (DLEDC) has created a new loan program designed to support businesses facing economic hardship. The program is an Small Business Administration (SBA) matching interest loan program for small to mid-size companies and entrepreneurs. “This virus has moved us into unknown territory, and the…
Rapid City, SD– April 1, 2020 – Black Hills Energy announced today plans to donate $375,000 to coronavirus relief efforts across its eight-state service area, including $102,000 for South Dakota. This investment is supported by Black Hills Energy South Dakota Community Giving Program as well as the Black Hills Corporation…
PIERRE, S.D. 3.20.20 – South Dakota Governor Kristi Noem announced today that small businesses and non-profit organizations in South Dakota that have been negatively impacted by the global COVID-19 virus are now eligible for economic assistance from the U.S. Small Business Administration (SBA). “I submitted a request to the SBA…
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