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Cultivating startup businesses

Monday, July 04, 2016

Launching a business requires start up capital. But finding funding is a huge challenge for startup businesses. Banks are often reluctant to loan large sums of money to new businesses because they consider it too risky. This leaves entrepreneurs in a tricky situation.

Thankfully, there are nontraditional methods of obtaining funds. Did you know that GROW South Dakota is a statewide lender? We can provide low interest loans for business start up or expansion. New and existing businesses can apply.

We also offer one-on-one business assistance. Find out more about how we can help jumpstart your business!

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A Half-Century of Serving South Dakotans

In 1978, NESDCAP created the Northeast South Dakota Economic Corporation (NESDEC) as a revolving loan fund to focus on small business lending and job creation in 22 counties. In 2007, Grow South Dakota, was formed to provide housing, community and economic development statewide. Through services to individuals, technical assistance to community and economic development agencies, and loans to small businesses and homebuyers, GROW South Dakota has had broad and lasting impact.

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GROW South Dakota

GROW South Dakota
104 Ash Street East | Sisseton, SD  57262
Phone (605) 698-7654 | Fax (605) 698-3038