We are spotlighting economic development activities during the second week of May to celebrate Economic Development Week (EDW). REED Fund is primarily focused on promoting economic growth and prosperity throughout rural communities in South Dakota and Minnesota. We partner with economic development lenders in order to provide financing for communit...Continue Reading
In 2019, Blue Dragon Academy in Garretson opened a brand new building that fit 105 kids. Within a few months, the building was already completely full. Now, 39 kids are on the waitlist to join the daycare.
In order to accommodate those kids and more, Blue Dragon Academy plans to expan...Continue Reading
Who We've Helped
Ag Processing Businesses
(16 producer-owned, $331 million capital investment)
Community Infrastructure Projects
(water, wastewater, streets, emergency)
Health Care Facilities
(clinics, hospitals, nursing care centers)
Housing projects
(4 site development, 12 elderly and assisted living, 6 multi-family rental properties, 2 housing loan funds, 3 single family homes)
Fire Protection Projects
(trucks and buildings)
Manufacturing Firms
(plant and/or equipment)
Education
(schools, distance learning, technology; including 5 childcare centers)
Partner Regional and Local Loan Funds
Grain Handling/Agronomy Firms
(17 are producer owned, $467 million capital Investment)
Agriculture Retail/Service Businesses
Broadband Cooperative
Industrial Parks
(Office facilities or industrial buildings for lease or sale, all non-profit owners)
Recreation and arts facilities, non-profit, including community centers