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South Dakota is again leading the nation in bank assets - with $2.76 trillion in the bank in the first quarter of 2014.

Madison’sLakeview Industrial ParkBelle Fourche Industrial & Rail Park, Aberdeen'sWhitewood Park, and Brandon'sCorson Development Park and the Brandon Industrial Park were approved asCertified Ready Sites.

Midland was recently awarded a $515,000 Community Development Block Grant.

The Knuckle Brewing Companyopened its doors last month. 


EPSCOR Awarded Grant


The National Science Foundation has awarded a five-year $20 million ResearchInfrastructure Improvement (RII) Track-1 grant to the South Dakota Experimental Program to Stimulate Competitive Research (SD EPSCoR).

The award will bolster South Dakota’s academic research infrastructure, improve education opportunities in science, technology, engineering and mathematics (STEM), and drive economic and workforce development. Read More

New Video Headline

Where Big Things Happen video
The South Dakota Governor's Office of Economic Development has put together a new promotional video, touting the state's business climate. The clip will be used online, at trade shows, and for other various projects.

MN Blitz Complete

Governor Dennis Daugaard, GOED Commissioner Pat Costello and the GOED Business Development team recently hit the road and headed east to Minnesota. There, they met with more than two dozen businesses and organizations considering a move to or a project in South Dakota.

South Dakota has several distinct advantages over Minnesota, including:

  • South Dakota's unemployment tax is approximately one-fourth of Minnesota's.
  • South Dakota's real per capita personal income is $3,000 higher than Minnesota's.
  • South Dakota's per capita state (public) debt is half of Minnesota's.

"South Dakota's outstanding business climate was clearly an advantage," Costello said. "Some companies we met with were extremely impressed with South Dakota's regulatory environment. Companies complimented South Dakota for its proactive approach for addressing regional skilled workforce challenges."

This is a publication of the Governor's Office of Economic Development. Commissioner-Pat Costello; Deputy Commissioner-Aaron Scheibe; Marketing and Public Relations Director-Mary Lehecka Nelson; Editor and Designer-Jennifer Lambley. © Copyright 2014