Businesses
Government-funded
$1.0M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Below-market interest rate loans for economic development projects in South Dakota, particularly in rural communities. The REDI Fund provides loans of $20,000–$1 million at 3% interest for up to 20 years, financing buildings, land, and equipment for businesses creating jobs.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Business located in South Dakota
2.Loan: $20,000–$1 million at 3% interest (up to 20 years)
3.Eligible uses: land, buildings, equipment, infrastructure
4.Must create or retain jobs
5.Priority for businesses in rural SD communities
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.