Incentives Directory
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Areawide Business Council Revolving Loan Fund
SERVICES Areawide Business Council offers a regional Revolving Loan Fund for job creation and economic development. This service is sponsored by Planning & Development District III. ABC’s service area includes the entire District III service area. ELIGIBILITY RLF assistance will finance both new and expanding for-profit businesses and public or private organizations. Projects must... Category: State Incentives, Grants & Loans |
 
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First District Development Company
First District Development Company (FDDC) is a non-profit corporation promoting economic development and job creation in Eastern South Dakota. Established in 1983 as a Certified Development Company, First District Development Company is licensed by the Small Business Administration (SBA) to offer the SBA 504 Loan Program. Since 1983, FDDC has loaned... Category: Local Incentives, State Incentives, Grants & Loans, Grants & Loans |
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Revolving Economic Development Initiative Fund (REDI)
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 low-interest loan fund is available to start-up firms, businesses that are expanding or relocating and local economic development corporations. How it... Category: State Incentives, Grants & Loans |
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Rural Economic Development Loan Fund
The REDLG program provides funding to rural projects through local utility organizations. Under the REDLoan program, USDA provides zero interest loans to local utilities which they, in turn, pass through to local businesses (ultimate recipients) for projects that will create and retain employment in rural areas. The ultimate recipients repay... Category: Federal Incentives, Grants & Loans |
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SBA 504 Loan Programs – South Dakota Development Corporation
The SBA 504 Loan Program offers subordinated, fixed rate financing to healthy and expanding small businesses. Long-term, fixed rate financing (10-20years) and reasonable rates (near long-term US Treasury bond rates), make the 504 Program an attractive and effective economic development financing tool. Criteria Type of Financing: The 504 Program is available for... Category: State Incentives, Grants & Loans |
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SBA 7A (Guaranteed) Loans
The 7(a) Loan Program includes financial help for businesses with special requirements. For example, funds are available for loans to businesses that handle exports to foreign countries, businesses that operate in rural areas, and for other very specific purposes. Special Purpose Loans Program Express & Pilot Programs Export Loan Programs Rural Business Loans Use of... Category: Federal Incentives, Grants & Loans |
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State Economic Development Finance Authority Revenue Bonds
Purpose Another financing option is the pooled loan program through South Dakota's Economic Development Finance Authority. This loan program, designed for more capital-intensive projects, provides small businesses access to larger capital markets for tax-exempt or taxable bond issuances. The program can fund projects individually or pool them to help lower the... Category: State Incentives, Grants & Loans |
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# Mitchell Area Development Corporation Revolving Loan Fund
No description available. Category: Local Incentives, Grants & Loans |
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