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State Office

South Dakota Governor’s Office of Economic Development

State of South Dakota

GOED is South Dakota’s lead economic-development office, administering the state’s loan, grant, and reinvestment incentive programs in a no-income-tax environment.

Official website ↗

Programs & Incentives

Reinvestment Payment ProgramIncentive

Reinvestment payments offsetting sales/use tax on qualifying large equipment and construction projects.

Program details ↗
Economic Development Finance Authority (REDI Fund)Financing

Low-interest loans supporting business start-up, expansion, and relocation projects.

Program details ↗
Workforce Development ProgramWorkforce

Grants funding customized training for new and existing employees of eligible businesses.

Dakota Seeds Internship GrantWorkforce

Matching grants that help employers hire STEM and business student interns in-state.

Community Development Block Grant (CDBG)Grant

Federal-state grants for public infrastructure and economic development in eligible communities.

Economic Briefings

This week in South Dakota

Seven days to 7 September 2026

  1. South Dakota utility regulator candidates clash over AI data center pause

    A South Dakota Democratic Public Utilities Commission candidate is calling for a one-year ban on new artificial intelligence data centers in the state, while his Republican opponent calls the proposal “reckless and pandering” and says new…

The full South Dakota briefThis week, nationally

South Dakota Governor’s Office of Economic Development — Applied America