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 ...
This paid piece is sponsored by SDN Communications.
Building seven new houses is helping turn around a population decline in Mount Vernon.
Located about 15 miles from Mitchell, the community is perhaps best known as the hometown of former NFL linebacker Chad Greenway. But that reputation hasn’t been enough to keep th...
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...
*** 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...
REED Fund Helps Lab Develop COVID Vaccine
Oct 12 2020As 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...
