Tag: capital


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Dakota Resources Launches New Mission Statement

Blog, News & Events on November 19th. Comments Off on Dakota Resources Launches New Mission Statement

Mission Statement: Connecting capacity and capital to empower rural communities.

Some of South Dakota’s most influential rural community leaders recently came together to participate in a strategy planning retreat for Dakota Resources, a non-profit rural community and economic development organization working to help small towns thrive.

The three-day retreat brought Dakota Resources community coaches and staff together with the Board of Directors to map out a plan for the future, including the creation of new mission statement that encapsulates the spirit of Dakota Resources: Connecting capacity and capital to empower rural communities.

“Each word was carefully chosen by the Board to drive the vision of Dakota Resources,” explains Joe Bartmann, President of Dakota Resources. “We are first and foremost connectors, we connect rural people to each other and to valuable resources. We also help build local capacity by providing the capital needed to … Read More »


Partnering with USDA in $10 Million Re-lending program

Blog, News & Events on July 20th. Comments Off on Partnering with USDA in $10 Million Re-lending program

Ask Jay Headley what Dakota Resources’ biggest accomplishments were for 2016, and he will rattle off a list that includes providing capital to assist with rural building projects, new housing developments, land purchases, the opening of new businesses and collaborative partnerships.

However, one of his favorite highlights was finalized at the end of the year and involves a partnership between Dakota Resources and US Department of Agriculture Rural Development (USDA). USDA named Dakota Resources as a “re-lender” of $10 million in federal funds to help spur economic development opportunities and reduce rural poverty in South Dakota communities. The funds will be used to improve essential facilities in low income rural areas, such as health care facilities, child care centers, town halls, assisted living centers, transitional housing, street improvements and educational facilities.

“Dakota Resources is only one of a handful of Community Development Fund Institutions … Read More »


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