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Community Development Financial Institutions in South Dakota
Learn More about CDFI's and Small Business Resources in South Dakota see here
While the federal government does not provide grants for starting or growing small businesses, one of the mechanisms in place to promote small business growth and economic development is the Community Development Financial Institution Fund managed by the US Department of the Treasury.
Community Development Financial Institutions fall into four categories:
- Community Development Loan Funds
- Community Development Credit Unions
- Community Development Banks - Including Thrifts and Holding Companies
- Community Development Venture Capital Funds
SBDC | 
SCORE | 
WBC |
Other SBA Partner | 
CDFI
Dakotas America, LLC
Sioux Falls
First Nations Oweesta Corporation
Rapid City
Four Bands Community Fund, Inc.
Eagle Butte
Grow South Dakota
Sisseton
InterTribal Bison Cooperative
Rapid City
Lakota Fund, The
Kyle
Mazaska Owecaso Otipi Financial, Inc
Pine Ridge
Oglala Sioux Tribe
Pine Ridge
Oti Kaga, Inc.
Eagle Butte
Rosebud Sioux Tribe
Rosebud
Sisseton Wahpeton Sioux Tribe
Agency Village
South Dakota Rural Enterprise, Inc.
Sioux Falls SD
South Eastern Development Foundation
Sioux Falls
Teton Coalition, Inc.
Rapid City
The Harvest Initiative, Inc
Fort Thompson
The Sicangu Fund
Mission
Featured Government Grant Resources
Small Business Administration's Recovery Capital Loans
The Recovery Capital Loans Program provides financial assistance to small business with less than 500 employees to obtain a deferred payment loan from the agency, in order to meet existing debt payments, thereby giving the business the opportunity to refocus their business strategy.
Business Loans From GovLoans
The government has launched innumerable programs that are all geared towards the achievement of this goal. Some of these programs involve the provision of technical assistance, training sessions, and strategies that would potentially help business owners in marketing their products and in expanding their businesses.
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