Tag: Rural Communities
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Total Investment To Date: $1,050,000 Loans
$91,450 in Sponsorships & Grants
Working together is always better than working alone.
This fact is especially true for rural communities who often need to pool their people and resources together to make things happen. Dacotah Bank was one of the first partners to invest in the Dakota Resources Capital Investment Fund, and that longstanding relationship is a testament to the importance of bringing strong rural advocates together.
“When we take a look at our missions, we certainly align with Dakota Resources,” says Brad Moore, Dacotah Bank Regional President. “When we invest in them, that investment comes right back to us. All of the projects being funded through the Capital Investment Fund have added to the economic well-being of our rural communities.”
Because Brad is also a Dakota Resources board member, he provides a unique perspective … Read More »
Renner, SD – Dakota Resources has been awarded a Rural Community Development Initiative (RCDI) grant in the amount of $214,090 from USDA Rural Development.
This 3-year program will provide financial and technical assistance to the economic development professional staff and local leadership teams from twelve private nonprofit economic development organizations and low-income rural communities in South Dakota, namely: 1) Centerville Development Corporation; 2) De Smet Development Corporation; 3) Eureka Community Development Company; 4) Faulkton Area Development Corporation; 5) Southern Hills Economic Development Corporation; 6) Lemmon Housing & Redevelopment Commission; 7) Grant County Development Corporation; 8) On Hand Development Corporation; 9) Grow Spink, Inc.; 10) Wagner Area Growth, Inc. (Strikeforce Area); 11) Wall Economic Development Corporation; and 12) Webster Area Development Corporation.
USDA makes grants available under the Rural Community … Read More »
Armed with community feedback, business surveys, business planning assistance from the Centerville Development Corporation, and a desire for more dining options in Centerville, a core team of people in the community were able to identify, approach and encourage a local entrepreneur to open a restaurant in the town’s recently vacated cafe.
Maria Martinez had moved to Centerville with her husband Juan after he took a position at a local dairy operation, and a lot of people knew about her culinary talents and restaurant experience. Maria opened “Maria’s Restaurant” on September 28, 2017, to a packed house and rave reviews.
Some of Centerville’s local business men and women were among the first able to try the food. Chamber of Commerce and Rotary members, volunteer firemen, along with a City Council member all joined other various local employees from businesses in Centerville for the … Read More »
Thanks to a group of creative high school students and dedicated community leadership, life just keeps getting better in Miller.
In 2016, two Miller students left RuralX with a vision for pop-up shops for Christmas. That inspiration launched the town’s first Cozy Cabin Christmas, which was met with success.
This year, the holiday pop-up shops will continue in a new venue while students set their sights on their next post-RuralX project: an indoor pop-up movie theater!
“I met with the kids in September to toss out new ideas,” explains Tammy Caffee, Director of On Hand Development and the student supervisor. “They had a list of ideas they heard at RuralX that they wanted to try. They voted and chose three to work on. One was a living wall. Another was to create a green space on Main Street with tables and umbrellas. … Read More »
Seventy-five rural economic development leaders, entrepreneurs and change makers convened in Watertown on October 5-7 to learn, connect and to celebrate the vitality of South Dakota’s small communities. The “Empower Sessions” event was hosted by Dakota Resources, an organization dedicated to empowering people and enriching communities across rural South Dakota.
In addition to breakout sessions, a panel discussion and motivating keynote speakers, the Empower Sessions included a gathering for Dakota Rising fellows, alumni and finalists competing for the next class of Dakota Rising fellowships. Dakota Rising is a two-year entrepreneur development program that helps rural business owners discover new ways to grow their businesses, themselves and their communities.
The Dakota Rising finalists were one of the highlights on Saturday night during the Dakota Resources Gala. The finalists came from a field of 104 entries.
“We had a flood of applicants for this year’s Dakota … Read More »