Buisness Facilities Contributed Content

MARCH 6, 2016

For a list of South Dakota economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Microloan SD: A partnership with the South Dakota Development Corporation and Governor’s Office of Economic Development (GOED).

South Dakota 40

South Dakota Finance Retail Equipment 40

Buisness Facilities Contributed Content

APRIL 15, 2014

Inventory is exempt from property tax. Companies must be less than five years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150% of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. EQUITY INVESTMENT TAX CREDIT: Targeted toward new, technology-based businesses that pay wages in excess of the state or county average wage.

Income 75

Income Finance Zoning Equipment 75