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NEW & EXPANDING
Bel Brands is locating in Brookings, and the project is expected to have a $400 million economic impact on South Dakota in the first 10 years.

Raven Industries is establishing a presence at the Black Hills Business Development Center on the SDSM&T campus..

Black Hills IP is expanding its workforce at its Rapid City location.

TCF Bank and EDCO® Group Inc., are adding a combined 230 jobs at their Sioux Falls locations!

MARK YOUR CALENDAR
The 2012 Governor’s Economic Development Conference will be April 10-11 at the BEST WESTERN PLUS Sioux Falls Ramkota Hotel & Conference Center.

UPCOMING TRADESHOWS
The GOED will be attending the AFCOM/Data Center World Expo March 18-22 in Las Vegas and WINDPOWER 2012 June 3-6 in Atlanta.

1000 New workers

  SD WINS logo
   

If you caught Governor Dennis Daugaard’s State of the State address last month, you may already be familiar with SD WINS, South Dakota’s newest workforce development program.

“Workforce challenges are something we are seeing time and time again,” said GOED Commissioner Pat Costello. “Both existing companies looking to expand and prospective companies looking to relocate bring up these issues as an obstacle in expanding.”

SD WINS, which stands for South Dakota Workforce Initiatives, has four components: Preparing our youth, training for skilled jobs, promoting rural health education, and recruiting new workers to the state. One-thousand new workers, to be exact.

The State of South Dakota is teaming up with businesses across the state and firms like Manpower, Inc., that place several thousand workers across the nation each year. Each listing will be posted in-state for 30 days before it is turned over the recruitment firm to ensure that South Dakota job seekers have the first opportunity to apply for the open positions.

“We are optimistic that this partnership will be mutually beneficial to existing companies, new companies and South Dakota workers,” said Costello. “We would really like to encourage businesses in South Dakota to participate in this program,” said Costello.

Businesses facing workforce challenges are encouraged to learn more and apply by visiting the SD WINS website.

Legislative Update

Now that the 2012 state legislature has been in session for a month, it’s time to take a look at the GOED-sponsored bills, and find out what they mean to economic development in South Dakota.

SB 7 would allow entities such as local development corporation’s eligibility to apply for certified site designation under the state’s Certified Ready Sites program. “Currently, only political subdivisions such as counties and cities are eligible to apply. Adding our community partners into the mix will allow us to better utilize this program,” said Pat Costello, GOED Commissioner.

SB 11 gives administrative authority for the South Dakota WORKS program. "We are excited about this new program," said Costello. "We think it is a great way to partner with banks and provide another tool to help small businesses with financing needs such as working capital."

HB 1014 would provide penalty for making intentionally false statements on applications for various loan, grant and financial assistance programs. “We are just mirroring what the commercial banks are doing here,” said Costello. “This measure will protect taxpayer money from being lost under false pretenses.”

For more on these bills, or others in the state legislature, please visit http://legis.state.sd.us/sessions/2012/index.aspx.


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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