Category: News & Events


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CIF Loan Helps Bring European Technology to Rural South Dakota

Blog, News & Events on December 3rd. Comments Off on CIF Loan Helps Bring European Technology to Rural South Dakota

The word might not mean anything to you now, but it will mean big things for Beresford in the future.

Zorba is recognized as “a mix of shredded and pre-treated non-ferrous scrap metals.” This is generally the stuff you find in landfills and junk yards. By next spring, an innovative recycling/sorting company in Beresford – one of the first of its kind in the United States – will be sorting through shipments of zorba to separate out small particles of copper, lead, brass, magnesium, nickel, tin, zinc and precious metals for re-use in new materials.

The company, operating as Dakota Metals, chose the rural community of just over 2,000 people after visiting several locations in Iowa, Minnesota and Nebraska. The facility will add up to fifty full-time jobs to the area.

“Anytime a small town has an opportunity to bring in a facility … Read More »


SD ranks #1 for business climate in US

Blog, News & Events on October 23rd. Comments Off on SD ranks #1 for business climate in US

According to “”Enterprising States: States Innovate,” a report published by the U.S. Chamber of Commerce Foundation, South Dakota ranks #1 in the United States for business climate and #4 for talent pipeline. The study analyzed the 50 states through six lenses: economic performance, transportation and trade, innovation and entrepreneurship, business climate, talent pipeline and high-tech performance.

The Foundation attributed South Dakota’s high rankings to the innovative programs South Dakota boasts, which included Dakota Rising, a program of Dakota Resources:

Dakota Rising is a South Dakota–based rural entrepreneurship support program operating in communities throughout the state. Created by Dakota Resources, an economic and community development agency backed by private and public investment, Dakota Rising offers fellowships to promising rural entrepreneurs, with a three-year program of support and mentorship tailored to help them move their new, profitable business to the “next level of growth.

In addition to Dakota … Read More »


Dakotas America is Hiring a Senior Portfolio Manager

Blog, News & Events on October 9th. Comments Off on Dakotas America is Hiring a Senior Portfolio Manager

Company Overview:
Dakotas America (DA) is a certified Community Development Entity (CDE) with a national service area and $255MM in New Markets Tax Credit (NMTC) Allocation Awards.

Dakotas America places New Markets Tax Credit Allocations in projects that have sustainable community impact. Our mission is to provide critical capital to help low-income communities flourish by providing financial tools to empower growth.

This position is headquartered in southeast South Dakota and requires travel by air and auto. For more information about Dakotas America, go to http://www.dakotasamerica.com.

Position Summary:
The Senior Portfolio Manager will work in close partnership with the Management Team to continue building the reputation of DA as a strong CDE that is focused on its mission to serve low-income communities.

Primary Responsibilities:

Lead portfolio and credit risk management including servicing and ensuring long-term, overall performance of the NMTC portfolio
Lead community and economic impact analysis … Read More »


Dakota Rising Honors Rural Entrepreneurs & Communities

Blog, News & Events on October 6th. Comments Off on Dakota Rising Honors Rural Entrepreneurs & Communities

This year’s Dakota Rising Entrepreneur Conference celebrated eight new entrepreneurs entering the Dakota Rising program, eight successful business owners from the 2012 class of Dakota Rising Fellows who were graduated from the program, a new inductee into the Dakota Rising Hall of Fame and a Community Site that was recognized for its ongoing innovation. Dakota Rising was launched in 2008 by Dakota Resources and has since mentored over 50 rural entrepreneurs who have accelerated their business growth and have taken advantage of the insight, ideas and experience of other Fellows and seasoned business owners from across the region.

The 2015 Dakota Rising Conference was held October 1st – 3rd at the Sioux Falls Convention Center. The Dakota Rising Community and its guests welcomed this year’s newly-selected Entrepreneur Fellows: Barb Pechous, Taboma Publishing, and Cheryl Swatek, The Cake Lady, both from Southern … Read More »


SD Business Leaders Join Dakota Resources Board

Blog, News & Events on December 30th. Comments Off on SD Business Leaders Join Dakota Resources Board

Representatives of the banking and manufacturing industries have been added to the 2015 Dakota Resources Board of Directors. The new Directors each bring to the organization a wealth of experience and dedication to rural economic development. Joining the board in January 1st are:

Kory Anderson, President of Anderson Industries, based in Aberdeen. Anderson is a native of Andover, SD where he began his first manufacturing company. He is now the owner of 3 manufacturing companies with 6 locations across North Dakota and South Dakota. Anderson was in the first Dakota Rising Fellowship class of 2009 and is now an active Alum of the program.

Justin Gray, Business Banking Manager for Wells Fargo Bank. Justin is responsible for Ag and Business Banking for Wells Fargo’s Business and Ag Banking operations in Watertown, Brookings, Huron, Madison, Milbank, Dell Rapids, and Marshall, MN. With more … Read More »


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Updates @ Dakota Resources

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Jensen joins Dakota Resources staff

Paula Jensen, an experienced grant researcher and writer, funds developer, and community coach, joins Dakota Resources as the Resource and Community Development Director. Dakota...

CIF Loan Helps Bring European Technology to Rural South Dakota

The word might not mean anything to you now, but it will mean big things for Beresford in the future.

Zorba is recognized as “a...

SD ranks #1 for business climate in US

According to “”Enterprising States: States Innovate,” a report published by the U.S. Chamber of Commerce Foundation, South Dakota ranks #1 in the United States...