News and Media

*** Update: The Small Business and Healthcare Provider Relief Program  application deadline has been extended through October 30. South Dakota small business and health care providers negatively impacted by the COVID-19 pandemic are now eligible to apply for direct grants from the Coronavirus Relief Fund. Eligible businesses and organizations will b...Continue Reading

As a leading immunological products and services company, Medgene Labs is at the forefront of vaccine development for the livestock production industry. Recently, the company has turned its attention to the development of a COVID-19 vaccine for companion animals and humans, with its lead candidate testing favorably in animals. Th...Continue Reading

PIERRE, S.D. - Today, Governor Kristi Noem laid out a framework for up to $400 million in Coronavirus Relief Funds (CRF) to assist South Dakota’s small businesses negatively impacted by the COVID-19 pandemic. “South Dakota is in a good spot as we rebound from COVID-19, but some of our small businesses wer...Continue Reading

Lesterville Fire and Rescue was recently awarded financing when Bon Homme Yankton Electric issued a Rural Electric Economic Development, or REED, loan to Lesterville Fire and Rescue for a building addition and purchase of air packs for the local volunteer fire department.   Lesterville Fire and Rescue has been providing fire protectio...Continue Reading

605 Sires, LLC has expanded their family owned full-service bull collection and donor facility and was recently awarded financing when Southeastern Electric’s loan fund, the REED Fund assisted with the expansion.   605 Sires opened in 2017 and is committed to assisting seedstock producers propagate genetics that will advance their operation, thei...Continue Reading

Huron, Aug. 12, 2020 – The Trump Administration today announced that the United States Department of Agriculture (USDA) is investing $300,000 in a Rural Economic Development Grant to Dakota Energy Cooperative, Inc. to lend these funds to the Huron Regional Medical Center (HRMC) to purchase fluoroscopic equipment that will replace agin...Continue Reading

Keeping a small town atmosphere in the wake of urban sprawl is an important step maintaining economic vitality and quality of life. A young veterinarian and a ranch couple with a veterinary background have recently provided that opportunity with the 2019 opening of the Box Elder Veterinary Clinic. The clini...Continue Reading

The U.S. Census is conducted in the United States every 10 years. The Census aims to count the entire population of the United States. The Census asks American households certain questions such as sex, age, and race of each person in the household. These demographics help determine congressional representation an...Continue Reading

May 4-9 is International Economic Development Week (EDW). It’s an opportune time to reflect on the importance of local economic development efforts to building a vibrant and sustainable community. The International Economic Development Council (IEDC) created EDW in 2016 to help raise awareness for the profession. Economic Development Organizations (EDOs) ar...Continue Reading

As experienced lumber industry professionals, Tim Doyle and Carl Serck saw an opportunity  to invest in a local lumberyard, both as a business venture and a chance to keep a lumberyard in a community. But they knew they needed assistance.  “The Southeastern Electric Cooperative’s REED Fund has a real commitment t...Continue Reading

As the nation and the world work to flatten the curve against the COVID-19 pandemic, electric cooperatives are playing critical roles in meeting the need for crucial personal protective equipment for first responders. A 3M plant, built to turn out respirator masks used by health care workers, emergency medical responders, constructio...Continue Reading

Accessibility is critical to the success of any business. In the case of Ringneck Energy, that literally meant the construction of a new highway to it’s facility. In turn, the new road has been a big benefit for the town of Onida as well. A project with mutual benefits i...Continue Reading

The South Dakota Beef Industry Council (SDBIC) is proud to announce Ken Charfauros of Wall, SD as its 2019 Prime Promoter. This award recognizes someone who has gone above and beyond promoting beef in the state of South Dakota.  Charfauros, owner of Wall Meat Processing provides a service in custom mea...Continue Reading

Prescription Agronomics creates customized fertilizers to help farmers save money Winter is on the way. Dropping temperatures used to mean a slower season for the team at Prescription Agronomics, which creates customized fertilizers for regional farmers. Director of Operations Jon Gilbert explained that the company’s operations used to decrease during wintertim...Continue Reading

SIOUX FALLS, S.D. – Avera Health and the Rural Electric Economic Development (REED) Fund Tuesday announced a new $10 million workforce housing development financing partnership. Avera has committed $2 million to the partnership and REED has committed an initial $4 million, with plans to grow the total fund to $1...Continue Reading

Renting is pretty easy — check out a place, decide you like it, pass a credit check, put down some money and move in. Home-buying is not like that at all. Viewing a home that’s for sale is only a part of the process, and it’s not even the first part. “What w...Continue Reading

Recently SDSU Extension and partners formed a South Dakota Agritourism Work Group to explore opportunities to encourage, promote and support agritourism across South Dakota. In addition to SDSU Extension, the other partners include: the South Dakota Dept. of Tourism, South Dakota Dept. of Agriculture, South Dakota Value Added Agriculture Developmen...Continue Reading

SIOUX FALLS, S.D. - What do you think of when you hear the words "Industrial Revolution?"  You might think of the 1800s when the country started using new machines, electricity and steam power, but we're going through another industrial revolution again.  That's creating challenges and opportunities for one of the state's larges...Continue Reading

This map shows the real value of $100 in each state. Prices for the same goods are often much cheaper in states like Missouri or Ohio than they are in states like New York or California. As a result, the same amount of cash can buy you comparatively more i...Continue Reading

PIERRE, S.D. –  The United States Bureau of Economic Analysis (BEA) released its estimated gross domestic product (GDP) by state for the first quarter of 2018. The estimates show South Dakota has the third highest growth rate in the nation, trailing only Washington and Utah, respectively. South Dakota grew b...Continue Reading

PIERRE, S.D. –  The South Dakota Governor’s Office of Economic Development (GOED) announced today that five communities in South Dakota have re-certified their development sites under the South Dakota Certified Ready Program. The communities include: Aberdeen, Arlington, Colman, Madison and North Sioux City. "One of the best ways to get you...Continue Reading

At the University of Minnesota, launching a new company is one of several ways that breakthrough research can move beyond the lab to benefit the public. But finding the right leader, with the right experience, to bring these new technologies to market can be difficult. “Leadership is just as important a...Continue Reading