Kelley Center for Entrepreneurship (Dakota Wesleyan University)

Partnering with the SBDC to foster entrepreneurship and conduct research for District III's Business Connection Network project. The Kelley Center offers a minor in Entrepreneurial Leadership. For more information, visit their website.

Dakota Business Finance

In partnership with the U.S. Small Business Administration, Dakota Business Finance provides financing for a wide range of businesses through the SBA 504 Loan Program. This program provides fixed rate financing for the purchase of long-term assets such as the purchase of land, purchase and construction of buildings, renovate or remodel existing facilities, and/or purchase of long-term machinery and equipment. The 504 loan, or debenture, is made in conjunction with the business owner's local financial institution, which typically provides a first mortgage for up to 50% of the project cost. Dakota Business Finance provides a second mortgage for 30% to 40% of the project cost while the borrower provides a 10% to 20% equity contribution. For more information, see our web site at www.dakotabusinessfinance.com or contact Shawn Pritchett at 605-367-5353.

ADDITIONAL LINKS TO FEDERAL, STATE, AND LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS

• Economic Development Administration



• South Dakota Small Business Development Center



• Small Business Administration



• Corsica Development Corporation



• Lake Francis Case Development Corp.



• Delmont Nonprofit Development Corp.



• Freeman Community Development Corp.



• Menno Area Development Corp.



• Mitchell Chamber of Commerce/Mitchell Area Development Corp.



• Springfield Development Corp.



• Wessington Springs Area Development Corp.



• South Central Development Corp.



• Yankton Chamber of Commerce/Yankton Area Progressive Growth



• Chamberlain-Oacoma Area Chamber of Commerce