‘Southern Hills on the Rise’ applicant accepted into Dakota Rising Fellowship

Posted on November 14, 2016

Paula Jensen
Post Author

Comments Off on ‘Southern Hills on the Rise’ applicant accepted into Dakota Rising Fellowship


Source: http://rapidcityjournal.com/

On Saturday evening, Oct. 8, eight new Fellows were announced at the Dakota Rising Gala, held in Spearfish. Curt Lout, owner and proprietor of Mammoth Signs and Awnings in Hot Springs, was among the candidates chosen for the fellowship.

 
The Dakota Rising Fellowship Program is a personal and professional program for accelerated business growth. The statewide program focuses on second stage entrepreneurs who have been in business at least one year, have worked through the survival stage of business ownership, are growth-oriented, and able to sustain one or more employees.

 
What is an entrepreneur? An entrepreneur is someone who exercises initiative by organizing a venture to take benefit of an opportunity and, as the decision maker, decides what, how, and how much goods or services will be produced. As a rule, entrepreneurs greatly value self-reliance, strive for excellence, are highly optimistic and favor challenges involving risk.

 
The Dakota Rising Fellowship Program provides a system and tools to help these entrepreneurs build the skills needed to expand and grow their businesses to achieve their business and personal goals. Fellows are placed in cohorts of four for the three-year program. The cohorts have face-to-face meetings four times a year and use electronic means to communicate regularly with each other. The fellows are held accountable for reaching their goals over the three-year period.

 
Andrea Powers of Hot Springs, site coordinator for the program, said she was relieved when Lout was chosen.

 
“Curt has worked diligently for the opportunity to become a fellow, attending evening workshops via skype while he was attending all-day trainings out of state, taking advantage of opportunities to contribute to community development, and working to create a regional customer base,” Powers said.

 
Lout had designed and fine-tuned his business plan three times before submitting the final application.

 
“The selection process at the conference is stressful, with two sets of half hour interviews and a presentation before a group of alumni, interviewers and site coordinators,” Lout explained.

 
Powers also mentioned ‘fellows’ from previous year’s cohorts. These include Mark Hollenbeck of Edgemont, owner of Sunshine Ranch LLC; Jeff Prior of Custer, owner of Dakota Greens; and Cristin Stewart of Hot Springs, owner of The Vault.

 
“As the fellows graduate the three-year process, they become mentors and advisors for new fellows,” she said. “Our site, ‘Southern Hills on the Rise’ includes both Custer and Fall River Counties. Rural communities such as ours depend on entrepreneurs to grow and thrive. We owe them our support because without them there would be no ‘downtown’ in our town. Small business, be it agricultural, manufacturing, or retail, is the life blood of rural America. Otherwise we are reduced to tourist-driven, seasonal existence, or bedroom communities lacking self-determination.”

 
If you are interested in learning more about the Dakota Rising Program, contact Powers at 605-890-0338 or email edshedco@gmail.com for more information.




Comments are closed.


Updates @ Dakota Resources

We grant permission to any development organization to repost and/or reuse any article contained in our blog for educational and marketing purposes.

 

Past RuralX Speakers Continue to Make an Impact

Each year, ruralX organizers comb the country looking for dynamic keynote speakers to help motivate rural change makers attending the two-day event. Past speakers...

Month Nine | Tripp asks, “What’s Next?”

Nine months after being inspired by ruralX, what’s next for the small community of Tripp?

“We have a lot of ideas and needs in Tripp...

Dakota Resources Announces New President After Nationwide Search

After a thorough executive search, Dakota Resources announces that Joe Bartmann has been named President of the non-profit organization. Dakota Resources is a...

WordPress Image Lightbox Plugin