Economic Development Board Approves Multiple Projects
10 Apr 2025
News
The South Dakota Governor’s Office of Economic Development (GOED) Board of Economic Development has approved projects that will contribute more than $419 million in capital expenditures and create 180 full-time jobs across the state.
“South Dakota continues to lead the nation in economic growth, and I’m committed to ensuring our state remains Open for Opportunity,” said Governor Larry Rhoden. “These investments will create new jobs and strengthen our economy for years to come.”
A Reinvestment Payment Program grant of up to $3,386,040 has been approved for Big Stone Energy Storage Project LLC to incentivize the construction and operation of a thermal energy storage facility.
More Topics
GoodSAM Foods, the mission-driven food brand dedicated to regenerative agriculture, transparency, and farmer empowerment, today announced a $9 million Series A funding round. This milestone reflects growing investor confidence in sustainable food systems and patient capital models that prioritize long-term impact over short-term gains. The investment also marks a notable...
With an eye on recognizing February’s Career and Technical Education Month (CTE), the Wall Economic Development Corporation (WEDC) is celebrating the next “Toolbelt Generation” being groomed for careers in a variety of trades in partnership with the Western Dakota Technical College (WDT) and Wall School District (WSD).“We are so proud...
In recent years, crowdfunding has emerged as a transformative tool for various sectors, including agriculture and food security. This innovative financing method allows individuals, organizations, and communities to pool resources to support projects that may otherwise struggle to secure traditional funding. With the global population projected to reach nearly 10...