COVID-19: Small Business Administration's Economic Injury Disaster Loan funds now available in South Dakota. Learn More
The Board of Economic Development may provide grants to assist companies in offsetting the upfront costs associated with relocating or expanding operations and/or upgrading equipment in South Dakota. The program allows for project owners to receive a South Dakota Jobs Grant for new or expanded facilities with project costs less than $20,000,000 or for equipment upgrades with project costs less than $2,000,000.
Companies pursuing new or expanded facilities with a total project cost of less than $20,000,000 or equipment upgrades with a total project cost of less than $2,000,000 are eligible to apply to the Board of Economic Development for a South Dakota Jobs Grant under this program. One of the key criteria considered by the board when approving or denying an application is the likelihood the project would have occurred without the South Dakota Jobs Grant. South Dakota Jobs Grants are intended for projects that would not have occurred without the grant. The following projects are not eligible for a South Dakota Jobs Grant:
For complete details, including eligibility requirements and application process, click here.
Sign up for our newsletter and stay up-to-date on the latest news, rankings, and information on economic development in South Dakota.