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
