Tag: rural development
We look forward to keeping you up-to-date with newsletters, resources and other leadership development materials. Check back often and help us spread the word by sharing these articles with your friends on Facebook, LinkedIn or Twitter!
Wall, South Dakota’s tagline is “Window to the Badlands.” Thanks to the efforts of a forward-thinking city council and a progressive economic development corporation, that window is opening to dozens of new opportunities for this tourism-based community.
One of those opportunities includes a strategic focus on housing development to help overcome Wall’s dire lack of available housing. To help generate new ideas and access more housing resources, the Wall Economic Development Corporation (WEDC) joined the Dakota Resources Home Address Plus learning network in 2016 to help connect with other rural communities and learn from their successes. The network offers online support for housing questions, monthly webinars, access to tools and resources and bi-annual Home Address Plus learning network gatherings.
“We were invited to try the network before we joined. The first gathering we attended was very inspiring. We could see the … Read More »
In 2010, the Faulkton area began rewriting its story with an “all-in” dedication to growth and a positive community atmosphere. The ambitious rural community has been adding exciting new chapters to their story ever since. Their latest ends with Faulkton being named the 2016 Dakota Rising Innovative Site of the Year, which was awarded for a long list of community accomplishments as well as innovative plans for the future.
“All of our growth and development started with Dakota Rising,” says Trevor Cramer, Economic Development Director for Faulkton. “We are far from done…in fact, we’re just getting started. Our latest venture is the collaboration between the Faulkton Business and Professionals Association and the Business/Entrepreneurship pillar of the Faulkton Area Economic Development Corporation (FAEDC)—which comes directly from Dakota Rising.”
That collaboration grew from a brainstorm session being led by Dakota Rising Community Coach … Read More »
With a passion for construction and a deep love of their rural roots, Jay Yohner and Brad Hahn teamed up in 2015 to launch a post-frame manufacturing business in their hometown of Martin, South Dakota. Jay and Brad had already been working together through Jay’s construction company, Yohner Construction, and the partnership was a natural progression for a couple of guys with a big idea.
“I actually left Martin and moved to Oregon to enroll in a structural engineering and architectural design program,” says Jay. “I moved back to Martin and started my own construction business. I hired Brad and we really clicked. We both love construction. We both have big dreams. And we both believe we can make those dreams happen right here.”
“Get the right people on the bus, the wrong people off the bus, and the right people in the right seats.” Jim Collins’ quote from Good to Great is now famous, and powerful in its simplicity and logic. Yet it is not easy to accomplish.
Dakota Resources (formerly South Dakota Rural Enterprise) operated out of my home office for many years with contract administrative support and a contracted credit officer. We started out with the Capital Investment Fund as our only product. We were purely a financial institution making capital available to development organizations in South Dakota. We have become so much more by being responsive to the needs of our market and being willing to take calculated risks to meet those needs. None of it would have been possible without the caliber of the members of our board of directors … Read More »
Clint Waara has been named the new Vice President of Business Development for Dakota Resources and Dakotas America LLC. A statewide, private, not-for-profit rural development organization, Dakota Resources serves all of South Dakota with the capacity to initiate model programs, broker projects and organize coalitions around rural development issues.
A partnership of Dakota Resources and the North Dakota Rural Development Finance Corporation, Dakotas America assigns New Markets Tax Credit allocations for approved investments in qualifying projects located in rural, highly distressed low-income communities in the United States.
In his new position, Waara communicates the capabilities of Dakota Resources and Dakotas America to investors, communities, government agencies and other strategic partners. He works with Dakota Resources President Beth Davis and Dakotas America Managing Director Lin VanHofwegen to bring the products and services of both organizations to economic development groups and communities ready to invest in … Read More »