News & Events

Starting a business can be overwhelming, and financing is just one piece of the puzzle. Fortunately, GROW South Dakota has knowledgeable staff who are ready to help you get started. When Derek Diedrich, owner of Fun Time Rentals, was planning his venture, he sought advice from a local banker who recommended the GROW South Dakota business loan program. Reflecting on their journey, Derek shared, "We had never owned our own business. Now, we own two: Fun Time Rentals and Fun Time Adventures." He added, "We started as a seasonal rental company offering just boats, campers, and jet skis. Now, we've...

It was a journey filled with ups and downs, but Alexis's dream of purchasing her first home became a reality with the help of GROW South Dakota. Her story is a testament to the organization's commitment to supporting individuals on their path to homeownership.Alexis had always dreamed of having a place to call her own, a space where she could build memories, and a house she could truly make into a home. However, it was a challenge to save for a down payment and navigate the complex home-buying process.That is when she discovered GROW South Dakota and its down payment...

For more than 40 years, Grow SD’s mission has been providing innovative advancement of housing, education, and economic opportunities throughout South Dakota. David Lau utilized Grow SD’s services that support business owners through loans and business technical assistance. Lau owns Lau Repair and Trucking, located in rural South Dakota, and has had multiple loans with GROW SD over the past 10 years.  His most recent loan was for the refinancing of a higher-interest loan that he used to install solar panels on his shop building.  With the funds from Opportunity Finance Network, GROW SD was able to reduce the interest rate...