Economic development

The Governor's Office of Economic Development's EB-5 report to the federal government is now on the state government's website.

Rep. Ryan Maher, R-Isabel said the testimony was "a perfect example" of what happens when someone tries to scale back a government program.

By Chet Brokaw PIERRE (AP) — The South Dakota House called for legislative hearings on Tuesday to investigate the state's economic development agency, including its involvement in issues related to the financing of a failed beef packing plant. Representatives voted 51-18...

PIERRE -- A state senator wants to reduce the amount of money being taken from South Dakota businesses to pay for the governor's Future Fund grants. Sen. Ryan Maher, R-Isabel, said he is trying to offset increases that happened in recent years. State records indicate the amount received...

Here’s a snapshot of the scope of three sets of reviews conducted recently by private accounting firms for the Governor’s Office of Economic Development, along with the responses from GOED and others in state government. GOED INTERNAL CONTROLS: The Eide Bailly accounting firm...

PIERRE -- Pieces are moving into place for the Legislature to analyze state government's involvement in the now-suspended EB-5 immigrant investor program and decide whether further action should be taken. The eight Democratic and Republican leaders and assistant leaders in the House...

PIERRE — Gov. Dennis Daugaard is seeking nominations for the Community of the Year and Excellence in Economic Development awards. The awards will be presented April 15-16 at this year’s Governor’s Economic Development Conference in Sioux Falls. The Community of the Year...

Officials from both parties say it’s time to look at immigrant-investor program.

Why the Aberdeen project never received the loan - approved in January 2010 - isn’t clear. The board offered no public explanation for ending the commitment six weeks early after numerous extensions.

SD has grown in jobs, gained challenges to find workers.

PIERRE (AP) — Officials say companies must apply soon if they want to join Gov. Dennis Daugaard on the next trade mission to China. Pat Costello, commissioner of the Governor's Office of Economic Development, says companies must submit applications by Jan. 17. Costello says...

CHAMBERLAIN — The city of Chamberlain and the Lake Francis Case Development Corp. are each suing a Wyoming company for breaching loan commitments. The two entities claim Arthur B. Alphin, who established A-Square of South Dakota LLC in Chamberlain in 2007, owes loan amounts...

PIERRE (AP) — The South Dakota Board of Regents says the state's public universities are getting a total of $1 million in research grants aimed at promoting economic development. The South Dakota School of Mines and Technology, the University of South Dakota and South Dakota...

Some older state financial records gone; investigating firm working to secure bank records to verify transactions.