Financial Incentives for Aberdeen Business Expansion

There are a number of financial incentives available to companies expanding in Aberdeen, South Dakota, both at the state and local levels. The total funds available from each program varies but typically is based on overall project costs, the company’s participation, number of jobs created, usage of funds, financial review, etc. If you’d like to learn more about any of these programs and how they can be used to assist with your business expansion or relocation to Aberdeen, please contact us.

Aberdeen Revolving Loan Fund


State of South Dakota Revolving Economic Development Initiative Loan Fund (REDI)


Rural Electric Economic Development Fund (REED)


Northeast Council of Governments (NECOG)


GROW South Dakota


Labor Training Cost Reimbursement


Economic Development Finance Authority (EDFA)


Tax Increment Financing (TIF)


Discretionary Property Tax Relief


SBA 504


South Dakota Microloan/Microloan Express


South Dakota Works


Reinvestment Payment Program


South Dakota Jobs Program


New Frontiers


Proof of Concept Fund


Dakota Seeds


Workforce Development Program


Local Infrastructure Improvement Program


Community Development Block Grant Program


Economic Development Partnership