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South Dakota Included on List of Top States for Business

Tuesday, September 11, 2012

PIERRE, S.D. – For the ninth year in a row, South Dakota has earned a spot on the Pollina Corporate Real Estate list of Top 10 Pro-Business States.

South Dakota is listed as the seventh best state in the nation for business in 2012. South Dakota was also ranked No. 7 last year.

The Pollina Corporate Top 10 Pro-Business States study evaluates and ranks states based on more than 30 factors, including taxes, human resources, right-to-work legislation, energy costs, infrastructure spending, workers’ compensation laws, economic incentive programs and state economic development efforts.

“Economic development continues to be one of my top priorities, and this outside study confirms that South Dakota is a great place to start, grow, and run a business,” Gov. Dennis Daugaard said.

A similar study by CNBC in July also ranked South Dakota the seventh best state for doing business, based on the cost of doing business, workforce, quality of life, infrastructure and other transportation, economy, education, technology and innovation, business friendliness, access to capital, and cost of living. The CNBC study also named South Dakota the most business-friendly state.

The first Pollina Corporate Top 10 Pro-Business States Study was released in 2004. South Dakota has been ranked as a Top 10 state each year since. Below is a historical look at South Dakota’s rankings.

2012:   No.7

2011:  No. 7

2010:  No. 8

2009:  No. 6

2008:  No. 6

2007:  No. 7

2006:  No. 3

2005:  No. 3

2004:  No. 6


FOR RELEASE: Wednesday, August 22, 2012
CONTACT: Grace Kessler, Governor’s Office of Economic Development, 605.773.3301

Category: Press Release

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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