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Revolving Economic Development & Initiative (REDI) Fund

The Revolving Economic Development and Initiative (REDI) Fund is designed to help promote job growth in South Dakota. This low-interest loan fund is available to start-up firms, businesses that are expanding or relocating, and local economic development corporations.

The REDI Fund provides up to 45 percent of a project's total cost. Companies should secure interim (construction) financing, matching funds for permanent financing and be able to provide a 10 percent minimum equity contribution before applying to the Board of Economic Development for a REDI Fund loan.

For complete REDI Fund details, including eligibility requirements and application process, see "Financing & Incentives" on www.SDReadyToWork.com.
 

REDI Agenda - Board of Economic Development

June, 10, 2014
May 13, 2014
April 8, 2014
March 11, 2014
February 11, 2014
January 14, 2014
December 10, 2013
November 19, 2013
October 8, 2013
September 23, 2013
September 11, 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 24 - 2012
October 9 - 2012
September 2012
August 2012
July 2012

REDI - Credit Committee Agenda

REDI - Grant Committee Agenda

February 11, 2014
November 15, 2013

REDI - Credit Committee Minutes

August 29, 2014
August 1, 2014
June 30, 2014
May 27, 2014
May 1, 2014
March 25, 2014
February 26, 2014
January 30, 2014
January 2, 2014
December 2, 2013
November 7, 2013
October 1, 2013
August 30, 2013
July 31, 2013
July 1, 2013
May 2013
April 2013
March 2013
February 2013
December 2012
November 29 2012
November 7 2012
October 2012
August 2012
 

REDI - Grant Committee Minutes

August 21, 2014
May 21, 2014
February 19, 2014
November 15, 2013

Board of Economic Development (BED) Minutes

August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 23, 2013
September 11, 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
January 2013
December 2012
November 2012
October 24 2012
October 9 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011

Annual Meeting (Sept. 16, 2012)
August 2011
July 2011


Annual Reports

Pursuant SDCL 1-16G-10, the Board of Economic Development is required to produce an annual informational report demonstrating fiscal year activity. The annual report is submitted by November 1 of each year.

 

Annual Activity

REDI Fund Cy 2011 Loans

For the purposes of keeping the general public better informed about the action taken by the Board of Economic Development, the Board provides a calendar year report of activity for public review.