News and Media
REED Fund helps Fresha Cut into Expansion
Mar 15 2021One silver lining to the harsh realities of the COVID-19 pandemic was the value of local production. With the assistance of the REED Fund, Fresha, Inc, a carrot packaging operation in western Minnesota, now has the ability to expand their operations to bring value-added produce to the market from ...
As the Executive Vice President of First District Development Company (FDDC), Paula Hulscher routinely sees the gratitude small business owners have when receiving financial assistance. So when FDDC received a REED Fund loan to help build a new office building, Hulscher was able to experience it herself.
“We had been leasin...
Most of 2020 has been a difficult year for the hospitality industry. The new Best Western PLUS Lakeview Hotel in Madison, South Dakota, has felt the sting of historically low occupancy rates hotels are experiencing across the nation. Despite opening only a few months prior to the height of th...
