Rural Electric Economic Development, Inc.

121 SE First Street, PO Box 227
Madison SD, 57042-0227


The Rural Electric Economic Development Fund (REED) was created by a group of 12 rural electric distribution (retail) cooperatives in 1996 to provide financing and help leverage private investment in rural communities in order to keep the rural economy viable.

CDFI Awards for Rural Electric Economic Development, Inc.


CORE (2002) - $1,000,000

The award from the CDFI Fund of $1,000,000 in financial assistance will allow REED to achieve its mission of participating in projects that will stimulate economic growth, lead to permanent job creation and retention, and improvements in rural development capacity, infrastructure, and facilities.



Other Community Development Financial Institutions in South Dakota





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Business grants could be one of the most important financial tools that nearly all businesses would need. They may not be the single most significant support businesses could have, but they can get definitely help you start the business right....




Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.









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