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WELCOME
Navigant Consulting announced plans for its third South Dakota location!


OUTPACING THE NATION
South Dakotans made more money last year than in 2010 and were among the nation?s leaders in income growth.


DEADLINE APPROACHING
April 30 is the last day to submit an application for the current cycle of funding through the Ethanol Infrastructure Incentive Program.


TRADE SHOW COOPERATIVE
The GOED is looking for community partners for the upcoming WINDPOWER Conference & Exhibition. Please contact Mary Lehecka Nelson if interested. (605) 773-3301


 

Daugaard, Costello In It to Win It

Gov. Daugaard Headshot

Costello heaed shot

Gov. Dennis Daugaard Commissioner Pat Costello

"In It to Win It" was not only the theme, but the attitude exhibited at the 2012 Governor?s Economic Development Conference held earlier this week in Sioux Falls.

Governor Dennis Daugaard and GOED Commissioner Pat Costello highlighted the economic development successes and challenges of the past year, and looked forward to the changes and new projects that lie ahead.

 

China Group
Gov. Dennis Daugaard with South Dakota and Chinese representatives at DaktronicsShanghai location.

International Efforts Among New Initiatives

Commissioner Costello also said that in addition to expanding key industries, the GOED will be placing greater focus on international initiatives. Gov. Daugaard spoke in detail about a recent trade mission to China that he and other economic development officials and business leaders were a part of.

"We’ve sent representatives to China before, but this was the first time the trip was as much about manufacturing as about agriculture,” the Governor said. “We are optimistic that trade missions like these will result in opportunities for South Dakota companies to initiate and expand their business dealings overseas.”

One of the most significant is a change to the GOED?s key industries.

?We are constantly working to improve our business development efforts, and in order to do this successfully, our key industries needed to be further refined,? said Costello.

Costello said the GOED will to continue to build on the success found in the Value-Added Agriculture, Energy, and Bioscience industries. The IT industry will be expanded to include Professional Business Services and Firearms will be expanded into the Shooting, Hunting and Outdoor industries. Additionally, Costello said that the GOED is focusing on two additional industries: Financial Services and Advanced Manufacturing.

?These changes reflect South Dakota?s strengths, industry trends, and what works for South Dakota,? Costello said. ?By staying on top of these changes, we are successfully diversifying and growing South Dakota?s economy.?

And the Winners Are

  China Group
  Gov. Dennis Daugaard with representatives from Brookings, the 2012 Large Community of the Year. For more photos of award winners, please visit the GOED Facebook page at www.facebook.com/SDGOED.

Two individuals and two communities were awarded with economic development awards at the Governor?s Economic Development Conference in Sioux Falls.

  • Brookings ? Large Community of the Year

  • Lemmon ? Small Community of the Year

  • Norma Allen, Sturgis ? Excellence in Economic Development

  • Elmer Karl, Gregory ? Excellence in Economic Development

Each winner received $2,000 for an economic development project in his or her respective communities.

Giant Vision

The 2012 Governor?s Giant Vision Competition was held in conjunction with the conference, and the winners of that competition were also announced:

  • Competition winner: Pro Mags LLC, owned by Eric and Ron Hesla, will receive a $20,000 prize. The company redesigned the method used in crop seed planting that allows farmers to plant during or sooner after adverse weather.
  • Student winner: Remote Grain Moisture Sensor of Vermillion. Thomas Renner, with the University of South Dakota, will receive a $5,000 reward. The company created a remote sensor device that can read moisture levels and the temperature of stored grain.

Welcome

Joe Fiala
Joe Fiala

Joe Fiala of Miller has been selected as the GOED?s newest Business Development Representative. Fiala will cover Region 3, which includes counties in northeastern South Dakota.

Fiala will work from Miller, and his industry focus is the Shooting, Hunting and Outdoor industries. He replaces Mark Vaux, who held for the position for 8 years.

Please reference our Business Development Representative map for contact information for Fiala or any of the GOED's Business Development Representatives.


Information
This is a publication of the Governor's Office of Economic Development. Commissioner-Pat Costello; Deputy Commissioner-Cody Byrum; Marketing and Public Relations Director-Mary Lehecka Nelson; Editor and Designer-Jennifer Lambley. © Copyright 2011