News

What makes South Dakota the best state to retire in?

Friday, July 27, 2018

SIOUX FALLS, S.D. (KSFY) - A new study by Bankrate.com says South Dakota is the best state to retire in, but why do retirees like it? Vern Kemper moved from Pasa Robles, Calif. a little less than two years ago. His wife had passed away a few years prior and they never had children. His niece and her family live in Sioux Falls. With some health issues looming, he thought it might be nice to live nearby. With his house on the market for just a day when it was sold, he packed up with the help of his niece and her...
S.D. Development Corporation aids small business growth

Tuesday, July 24, 2018

SIOUX FALLS — Jennifer Oberg has been helping businesses grow in South Dakota for 20 years. She has facilitated the creation of numerous jobs, secured funding from federal and state agencies to assist with community growth and helped establish affordable housing. Today, she serves as executive director of the South Dakota Development Corporation (SDDC), which specializes in low interest, fixed-rate loans through the Small Business Administration 504 program.  “This program helps businesses reach their goals,” said Oberg. “It was underused in our state before the creation of the SDDC.” Former Governor Bill Janklow saw enormous potential for small businesses in South Dakota through...
Centerville Saves Nursing Home, Secures Future Growth

Thursday, July 19, 2018

The number of older adults in our country will nearly double by 2050, according to the U.S. Census Bureau. This dramatic change presents a host of social and economic challenges, particularly for rural areas with more limited resources. One of the challenges is to ensure an adequate number of long-term care facilities exist outside of urban centers. One quarter of elders currently reside in rural areas — and most people prefer to age in place near family and friends. There’s no one-size-fits-all way to address this issue. But some cities and counties are forging creative paths forward. An important lesson can be...
Spink Colony in SD works to double milk returns by making cheese

Wednesday, July 18, 2018

FRANKFORT, S.D. — It’s tough to stay in dairy production when milk prices are $15 to $17 per hundredweight. The Spink Colony at Frankfort didn’t want to give up its longstanding dairy enterprise so leaders decided to take the milk from their 82-cow herd up the food chain and market through the new Käsemeister Creamery cheese factory. The colony welcomed 300 well-wishers at an open house for the cheese factory and retail center on June 1, just in time for June Dairy Month. Paul Wipf, secretary-treasurer of the Hutterite colony, said the cheese plant was in the process of getting ramped...
Guido expected to start painting elevator the end of June

Tuesday, July 17, 2018

Artist Guido van Helten is expected to arrive in Faulkton around June 27. The Faulkton area has been anxiously awaiting his arrival, as he will be painting his murals on the elevator on the east side of Faulkton. His plan is to take a couple of more photos and tweak his planned design a little. Grid lines will be painted before the end of June. Plans for the painting started early last year. Guido was able to stay in Faulkton in July where he visited with the locals, took pictures and toured the area. He has chosen his theme and subjects and is looking...
Farmers share their lives on working farms

Monday, July 16, 2018

VOLGA, S.D. — Spring and summer on a working farm. Who can beat it? For many people in the rural states of South Dakota, North Dakota and even outstate Minnesota, genuine agri-opportunities on real, working farms are limited. Happily, that's changing. I happened to be at Stoney Hill Farms near Volga, S.D., in mid-May when my brother, Mark, his wife, Phyllis, and their son, Kevin, and daughter-in-law, Courtney, hosted a "pet-a-lamb" opportunity. The family works in town but also farms "on the side" with a ewe flock, a few head of cattle and some corn, alfalfa and soybeans. They welcome visitors most anytime,...
WalletHub names Aberdeen 3rd best small city to start a business

Friday, July 13, 2018

ABERDEEN, S.D. (KSFY) - A new study shows that if you are looking to start a business -- Aberdeen is the place for you. According to personal finance website WalletHub, Aberdeen is the third best small city in the country to start a business. The study looked at a number of factors, including accessible financing, education in the workforce and labor costs. Rapid City also placed high in the study and came in at number 30. Holland, Michigan, took the top spot on the list and Suisun City, California, came in last of the 1,261 cities. Continue to full article
SD capitalizing on rising tourism from new market segments

Thursday, July 12, 2018

PIERRE, S.D.—South Dakota tourism grew for the eighth straight year in 2017, although expansion was hindered somewhat by a lagging farm economy. "We're a rural state, and we depend a lot on our drive market," said Kirk Hulstein, industry outreach and development director for the South Dakota Department of Tourism. "We definitely did feel the impact of the ag economy," he said. The picture drawn from the department's recently published 2017 annual report is broadly positive. Visitation increased 0.1 percent from a year earlier. Visitor spending reached $3.88 billion, a 1.2 percent increase over 2016. And travel generated upward of $291 million...
S.D. Development Corporation aids small business growth

Wednesday, July 11, 2018

SIOUX FALLS — Jennifer Oberg has been helping businesses grow in South Dakota for 20 years. She has facilitated the creation of numerous jobs, secured funding from federal and state agencies to assist with community growth and helped establish affordable housing. Today, she serves as executive director of the South Dakota Development Corporation (SDDC), which specializes in low interest, fixed-rate loans through the Small Business Administration 504 program.  “This program helps businesses reach their goals,” said Oberg. “It was underused in our state before the creation of the SDDC.” Continue to full article
SD dairy industry continues to grow, add economic value

Tuesday, July 10, 2018

GOODWIN, S.D. — South Dakota's dairy industry is growing rapidly, and the public is getting to see that for themselves during June Dairy Month open houses hosted by Ag United of South Dakota. MoDak Dairy of Goodwin is just one of many dairy farms opening their doors to the public this month. Co-owner Greg Moes says they have been hosting people at the farm for many years and saw a record crowd at this year's event. "Now with livestock everybody wants to see everything that's going on with how we handle animals, how their food is produced," he says. MoDak's 2,000-cow dairy...
Aberdeen, Hoven, Webster make national list of must-see buildings

Wednesday, May 30, 2018

The American Institute of Architects and USA Today Travel teamed up to find the best buildings in America — and three northeast South Dakota buildings made the list. In South Dakota, tourist favorites like the Mt. Rushmore Visitor Center in Keystone and the Corn Palace in Mitchell were included in the list of structures visitors should see. So were historic and unique sites from throughout the state. See what is included in the must-see South Dakota buildings from the northeast region. The Chicago, Milwaukee & St. Paul Railroad Depot (now Burlington Northern) was built in 1911. It was the fourth and largest depot...
Testing new ideas: McCray brings fresh insight to Redfield

Monday, May 28, 2018

By Shiloh Appel On March 23rd, national speaker Becky McCray, who specializes in rural and small-town business, spoke at the Redfield High School Auditorium. McCray advised Redfield residents and small business owners in attendance to get involved in growing Redfield into a thriving and healthy community by taking "small but meaningful" steps. "There is a small step to every idea," said McCray. During her presentation, McCray gave an example of a small town that started with putting up Christmas lights. Instead of each business putting up lights, McCray said the town decided to have everyone choose a tree and decorate it with their...
Angel Funding for Aberdeen Area Entrepreneurs

Thursday, May 24, 2018

One of the primary challenges in starting a business is finding a funding source. New ventures often don’t qualify for traditional bank loans due to lack of cash flow or collateral. That’s why angel investors are an attractive alternative for entrepreneurs. With angel investing, funding comes from an individual or group of people — typically successful business owners. Angel investing allows startups to gain quick access to money. In addition, since investors are hoping for a healthy return, they often offer new business owners expertise and mentoring. Aberdeen area businesses now have the ability to appeal to a local angel fund called...
The Infrastructure to Attract Industry

Wednesday, May 23, 2018

Industrial parks are a valuable recruitment tool. But acquiring a large property and establishing the requisite infrastructure to attract companies is a major undertaking, particularly for a rural area.   The people of Faulkton, South Dakota have long prioritized economic development. According to Trevor Cramer, economic development director for the Faulkton Area Economic Development Corporation (FAEDC), the town has had the goal of building an industrial park since the 1980s. The main difficulty was finding a suitable property close to city limits. A site one mile east of town with a conservation easement was eventually identified. FAEDC went through a 15-month process with...
Attracting Millennials

Monday, May 21, 2018

It’s hard to know what to believe about Millennials; the overall impression is that they are lazy, entitled, and killing American culture one day at a time. If this is the case, then why do so many communities work to attract them? In truth, we know that there is a lot more to Millennials than what floats around in popular culture. We know that they can be a vibrant addition to any community and want them here. To attract them, it is important to dig deeper and learn more about what makes Millennials tick. Every week there’s a new ground-shattering...
Rebuilding America’s Rural Infrastructure

Wednesday, May 16, 2018

Huron, S.D., April 16, 2018 - Some people remember when many rural households didn’t have electricity or running water. Although those days are long gone for most, there’s still lots of room for improvement. In fact, our American infrastructure used to be the envy of the world, but now it’s in disrepair. This is why President Trump has made it a priority to rebuild America’s infrastructure. He proposes to devote $50 billion, which is 25 percent of new federal money, to improving infrastructure in rural America. This is an unprecedented commitment. His proposal will stimulate at least $1.5 trillion in infrastructure...
Local soybean growers take part in S.D. Soybean See for Yourself Tour in Mexico

Monday, May 14, 2018

SIOUX FALLS — Two area soybean growers, Larry Nielson of Tulare and David Struck of Wolsey, took part in a See for Yourself Tour to Mexico in February hosted by the South Dakota Soybean Research & Promotion Council (SDSRPC). Some funding was also provided by checkoff dollars. The tour provided South Dakota soybean growers with the opportunity to see where a portion of the nearly 255 million bushels of soybeans they harvest each year end up when they leave South Dakota’s fields. Close to 70 percent of soybeans harvested in South Dakota are exported.  “Before this tour, I didn’t realize the potential market for...
WalletHub names Aberdeen 3rd best small city to start a business

Wednesday, May 09, 2018

ABERDEEN, S.D. (KSFY) - A new study shows that if you are looking to start a business -- Aberdeen is the place for you. According to personal finance website WalletHub, Aberdeen is the third best small city in the country to start a business. The study looked at a number of factors, including accessible financing, education in the workforce and labor costs. Rapid City also placed high in the study and came in at number 30. Holland, Michigan, took the top spot on the list and Suisun City, California, came in last of the 1,261 cities. View the full study here. Continue to full article. 
Cryptocurrency mining firms eye S.D. as frontier of new digital gold rush

Monday, May 07, 2018

There's digital gold to be found on South Dakota plains. Cryptocurrency miners, companies who use large banks of processors to essentially dig for digital gold such as Bitcoin, are looking at South Dakota as a base for their expanded operations. At least one such company has already set up shop in North Sioux City and others are shopping for locations there, in Sioux Falls and elsewhere. The mining companies are drawn to South Dakota for three reasons: Its ready supply of relatively inexpensive electrical power, its welcoming business and tax climate and its long winters, which help reduce the cost of keeping processors cool...
No matter who is South Dakota’s next governor, change is coming to state economic development

Friday, May 04, 2018

All three Republican and Democratic candidates plan changes for the Governor’s Office of Economic Development when one wins election Nov. 6 as South Dakota’s next chief executive. Their words have the attention of Scott Stern. The commissioner brought up the topic to state Board of Economic Development members. Stern said the office landed 26 new or expanded businesses from within South Dakota during the past year, compared to 16 from other states. Stern said he would like “a healthy conversation” about what the balance should be. Gov. Dennis Daugaard gave the $20,000 Giant Vision award for economic development to SMRTGrid, a Baltic utility-technology...
Dakota Tan and Hair in Redfield bought by Muellenbergs

Tuesday, May 01, 2018

Dakota Tan and Hair in Redfield bought by Muellenbergs In January, Jessica and Matt Muellenberg became owners of Dakota Tan and Hair on Redfield's Main Street. Jessica Muellenberg, who has been working at Dakota Tan and Hair under former owner, Pam Schmidt, since early October, is currently running the business following Schmidt's retirement. "This is something Matt and I decided to do together, knowing that I will be the person at the helm of everything, but he is behind me in it," said Jessica Muellenberg. Born an O'Daniel, Jessica was raised in Redfield and attended and graduated from Redfield School. She married Matt...
Gov. Daugaard Announces Economic Development Awards at 2018 Annual Conference

Monday, April 30, 2018

SIOUX FALLS, S.D. – The South Dakota Governor’s Office of Economic Development (GOED) hosted its annual conference in Sioux Falls, closing the two-day event with Gov. Dennis Daugaard’s reception and economic development awards banquet. Approximately 250 business, education and development leaders from across South Dakota attended the conference to ‘Think Big’ in 2018. Among the award recipients for achievements and contributions to economic development in South Dakota were two individuals and a community. Gov. Daugaard presented awards to Dr. Christian Widener of Rapid City, S.D., Jim Fedderson, Mayor of Beresford, S.D., and the community of Beresford. The Entrepreneur of the Year award...
EVENT CENTER COMPLETION DATE SET FOR MID-JULY

Tuesday, April 24, 2018

The Britton City Council learned at its regular meeting that the target date for completion of the Event Center in Britton is now mid-July. Glacial Lakes Area Development (GLAD) Executive Director Lindsey Kimber met with the board to give an update on the project. She said that winter weather delayed construction and pushed back the original completion date from the end of May. The mid-July date does not include the completion of interior furnishings. Kimber said the current estimated cost of the project stands at $2.96 million. Of that total $2.8 million has been raised which includes $600,000 of pledges payable through 2020. Continue to...
The Infrastructure to Attract Industry

Monday, April 23, 2018

Industrial parks are a valuable recruitment tool. But acquiring a large property and establishing the requisite infrastructure to attract companies is a major undertaking, particularly for a rural area.   The people of Faulkton, South Dakota have long prioritized economic development. According to Trevor Cramer, economic development director for the Faulkton Area Economic Development Corporation (FAEDC), the town has had the goal of building an industrial park since the 1980s. The main difficulty was finding a suitable property close to city limits. A site one mile east of town with a conservation easement was eventually identified. FAEDC went through a 15-month process with...
New Milbank hospital gets help from REED Fund

Friday, April 20, 2018

MILBANK — Whetstone Valley Electric Cooperative’s Economic Development (REED) Fund was recently utilized to help build a new hospital. The REED Fund, a joint economic development fund managed by Whetstone Electric and 21 other electric cooperatives in South Dakota and Minnesota, is used to fund projects to promote economic development and enhance the lives of people in rural communities. Whetstone Electric recently closed a $1 million loan from the REED Fund to Milbank Area Hospital Foundation of Milbank. The loan was used to purchase diagnostic equipment primarily for the radiology department for their new facility. Whetstone Electric and REED have been...
Gallup and Sharecare Announce 2017 State Well-Being Rankings

Wednesday, April 18, 2018

Gallup and Sharecare released 2017 results from the Gallup-Sharecare Well-Being Index, which found significant declines in well-being across U.S. states. Findings painted a bleak picture of the well-being of Americans with zero states improving well-being by a statistically significant measure – marking a first in the nearly 10-year history of the Gallup-Sharecare Well-Being Index. Despite the national downturn, the Gallup-Sharecare Well-Being Index found improvement in several traditional measures of physical health in 2017, such as the proportion of Americans reporting participation in regular exercise, abstention from smoking and being overweight. Community well-being – defined as liking where you live, feeling safe...
Revitalizing Rural South Dakota Communities through Entrepreneurism

Thursday, April 12, 2018

Rural communities across the nation face significant challenges. They typically have higher rates of poverty and fewer job opportunities than their urban counterparts. But challenges can be framed as opportunities. Did you know that rural towns also have higher rates of entrepreneurism? In addition, rural startups have better 5-year business success rates than businesses opening in metro areas. A conference happening in De Smet May 8-9 will explore the ways in which entrepreneurism and community engagement can strengthen and revitalize rural regions. The Energize! Exploring Innovative Rural Communities conference won’t follow a traditional conference format. Rather than sitting in a city conference center...
Outdoor program offers new, unique experiences

Wednesday, March 21, 2018

The Outdoor Program at the South Dakota State Wellness Center gives students plenty of opportunities to explore the outdoors through a variety of trips and services. Justin Parks, coordinator of the Outdoor Program, plans the trips for each semester. With every new outing, he hopes to make them more accessible and enjoyable for all students. “My job is to get people outside and provide them the resources to do that in a safe, fun and exciting manner,” he said. The program is only in its second year, but Parks is confident the program will continue to grow as more students enroll and use...
New farm cooperative, Agtegra, launches in 60 SD and ND communities

Monday, March 19, 2018

Agtegra, the big newly merged farmer-owned cooperative, was “officially launched” on Feb. 1, according to the officials who launched it out of Aberdeen.  “This is our first day in this new cooperative,” said Agtegra’s CEO Chris Pearson in a news release. “There is a lot of excitement here from all the work that has gone into preparing us for this moment. Our members have been very honest with what they expect from us and our employees have worked long and hard to make sure we’re ready.”  Formed by two former coops with long histories – North Central Farmers Elevator based in Ipswich and...
GOED Focusing on Value-Added Ag, Financial Services, Manufacturing and Bioscience

Friday, March 16, 2018

Agriculture plays a major role in South Dakota, even in a down economy like we had in 2017. Governor’s Office of Economic Development deputy commissioner Aaron Schiebe spoke at last night’s. Fort Pierre Economic Development Corporation annual meeting. He says what happens in agriculture has far reaching effects in South Dakota. Schiebe says GOED is focused on creating value-added agriculture opportunities in the state. Schiebe says GOED’s other three focus areas are financial services, manufacturing and bioscience. Continue to full article. 
Grow Spink: Empowering Citizens, Building for Tomorrow

Wednesday, March 14, 2018

Declining populations and limited employment opportunities are common themes in rural America. Traditional methods of economic development rely on attracting businesses in order to bring in jobs. But if they want to grow, towns need the infrastructure to support a larger workforce. The availability of quality housing helps attract and retain workers. And a strong workforce increases a town’s competitiveness. Grow Spink in Northeastern South Dakota is tasked with helping promote business development and expansion throughout Spink County. Housing is one of its biggest priorities. “If you spec out real estate options, there’s not much on the market. If we want to keep...
South Dakota is poised to benefit from precision agriculture

Wednesday, March 14, 2018

BROOKINGS — By the end of this year, $4 billion will be spent globally on precision agriculture with satellites, sensors, machines, data, and drones. It’s a collective industry opportunity and offers challenges which South Dakota is ready to embrace. As director of operations for the Applied Technology Division of Raven Industries, Sarah Waltner was the keynote speaker at the recent South Dakota Corn Growers annual meeting in Sioux Falls. Waltner grew up on a family hog farm and says she spent a lot of time in the hog barns, in the family fields and neighbor’s fields. She graduated with an Electrical...
South Dakota a top 5 state in net migration

Monday, March 12, 2018

Many more people are moving to South Dakota than leaving it. That’s according to the 41st annual United Van Lines National Movers Study which ranked South Dakota fifth among the top 10 states with inbound migration. United tracked 416 moves in South Dakota with 252 (60 percent) of those by people coming into the state. South Dakota trails Vermont, Oregon, Idaho and Nevada, with Washington, South Carolina, North Carolina, Colorado and Alabama rounding out the top 10. Julie Schmitz Jensen believes the desire to move to South Dakota starts with the favorable impression the state makes on those coming here for the first time. “It...
Translate