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CONGRATULATIONS
Congratulations to TMone on its Spearfish ribbon cutting and for being named Small Business of the Day by Fox Business Center on Nov. 11.

Congratulations to Raven Industries for being selected in Forbes Best Small Business listing for the sixth year running!

WELCOME
Welcome to Capital One, which acquired HCSB's Sioux Falls operations in November.

DATES TO REMEMBER

  • Dec. 6 – Gov. Daugaard’s budget address
  • Jan. 10 - 2012 Legislative Session opens
  • Jan. 17-20 – SHOT Show, Las Vegas, Nev.
  • April 10-11 – Governor’s Economic Development Conference, Sioux Falls
 

The rules for South Dakota’s Certified Ready Sites program was approved in November by the Interim Rules Review Committee, and will be come active in mid-December.

“This is great news for economic development in South Dakota,” said Pat Costello, GOED Commissioner. “Having Certified Ready Sites in South Dakota is really going to help expedite the site selection process, reduce risk to incoming or expanding companies, and provide us with another useful tool to market our state with."

The development of the program has been two years in the making and six entities have been selected as pilot sites. Those entities are Brandon, the Ellsworth Authority, Kadoka, Miller, Spearfish and Watertown.

Sites will be certified with one of the following four designations: Heavy Industrial, Light Industrial, Business Services/Research and Development, or Rural Business Parks. Additionally, an applicant can also achieve designation as a Tier 1 or Tier 2 site in each of the classifications.

To qualify, applicants must be a political subdivision of the state. This could include counties, cities, townships, planning districts and business improvement districts. There is no fee to submit an application, and applications will be accepted twice a year. The deadlines for 2012 are May 1 and Nov. 1.

Eight communities across South Dakota joined forces with the GOED to attend the 2011 Medical Design & Manufacturing (MD&M) show in Minneapolis last month. The contingency of communities found success at making contacts, conducting meetings, and extending proposals.

“We had several very qualified leads come out of this year’s show,” said GOED Business and Community Development Director Chris Maxwell. “What’s more, we were able to secure meetings with eight prospective companies.”

The 2011 show marked the fourth year that the GOED has exhibited at MD&M Minneapolis, and the office has been successfully building relationships from year to year.

For more information on the GOED’s Co-Op Trade Show program, contact Mary Lehecka Nelson at (605) 773-3301 or mary.leheckanelson@state.sd.us.


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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