Areas Served: Faulk, Hand, Hyde, Buffalo, Jerauld, Brown, Spink,
GROW SD strives to expand the opportunities available to residents who own, manage and operate businesses in the Faulk, Hand, Hyde, Buffalo, Jerauld, Brown, Spink, Beadle, Sanborn, Marshall, Day, Clark, Kingsbury, Miner, Roberts, Grant, Codington, Campbell, Edmunds, McPherson, Potter, and Walworth counties of South Dakota to assist in developing entrepreneurial and management skills necessary for the operation of business enterprises; and, to provide financial support for the successful operation of such business.
Direct Lending – Typically, GROW SD provides direct loans for up to 50 percent of total project costs to a maximum of $250,000. – Loans are secured by collateral.
– All property serving as collateral may need to be appraised by a qualified appraiser.
– Applicants must demonstrate a positive cash flow and develop a comprehensive business plan.
Contact InformationNortheast South Dakota Economic Corporation
Address: 104 Ash Street East
City: Sisselton
State: South Dakota
Website:
http://www.growsd.org/growsd/economic-development
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