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SPEARFISH, SD (September 30, 2020) – Sky Ridge, a workforce housing development, is officially under construction. The City of Spearfish hosted a groundbreaking ceremony today with various local officials, dignitaries, and community stakeholders for Sky Ridge, which is located south of Colorado Boulevard and west of U.S. Highway 85 in…

RAPID CITY, SD 8.28.20 – Black Hills Community Economic Development (BHCED) has received $1 million in CARES Act funding to capitalize and administer a Revolving Loan Fund for Lawrence County. This new revolving loan fund will provide critical gap financing to small businesses and entrepreneurs in Lawrence County in response…

RAPID CITY, SD 8.27.20 - The Board of Directors of Black Hills Community Economic Development (BHCED) is pleased to announce that Sydney Stotts has joined the organization as a loan officer. In this position, she works with BHCED Executive Director Fran White in administering the U.S. Small Business Administration’s (SBA)…

Rapid City, SD 8.24.2020 - August 2020 Economic Indicators show Rapid City's economy continues to improve from its coronavirus lows in April of 2020. Unemployment continues to decrease (8.2%), while hospitality, health care, and the primary sector all see gains in employment from last month. The housing market still sizzles as workers from…

Belle Fourche, SD - This week’s newsletter highlights include the upcoming Leadership Belle Fourche program and the newly constructed Career Technology home. 

Rapid City, SD 8.4.2020 - Several big milestones were reached this month: all concrete slabs were completed; masons began putting up brick; and both interior and exterior framing was under way. With the installation of frames and glass, it's looking more and more like a real building from the outside. 

RAPID CITY, SD – 8.6.20 - The West River Foundation for Economic & Community Development (WRFECD) has established a new revolving loan fund in partnership with the US Economic Development Administration (EDA). The $1 million revolving loan fund creates an additional source of capital for small business owners located in…

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…