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South Dakota Rural Enterprise, Inc.
629 South Minnesota Ave STE 201Sioux Falls SD SD, 57104-4876
CDFI Awards for South Dakota Rural Enterprise, Inc.
FA (2007) - $386,984
South Dakota Rural Enterprise, Inc. (SDRE), created in 1996, is a certified CDFI, non-profit micro-enterprise intermediary. It provides services to other CDFIs and organizations in the process of becoming certified throughout South Dakota. SDRE"s Capital Investment Fund is a $6.99 million loan fund that makes capital available to CDFIs. The organization’s products and services focus on innovation and building the capacity of emerging institutions. SDRE will use its FY07 Financial Assistance award to support its Capital Investment Fund lending activity and its Technical Assistance award to improve access in its target market.
SECA (2001) - $44,000
The SECA award will be used for consultants and staff to develop training materials to assist CDFIs in South Dakota to increase capacity in administrative areas involving lending, new product development and board training.
SECA (1998) - $50,000
The CDFI Fund"s $50,000 Technical Assistance grant will be used for staff and board training, organizational development and obtaining technology.
Other Community Development Financial Institutions in South Dakota
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
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 Grants - Support for Veterans
The SBA is dedicated to lend a hand to the service people in America and directly links with the Patriot Express Loan for veterans who desire to initiate their own business and want to start commercial activities. The SBA also plays a role in encouraging growth and job creation during the process, which is an indispensable part to support economic prosperity.
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.
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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.
