PIERRE - The South Dakota Board of Economic Development approved four grants for local development purposes Tuesday.
The Faulkton Area Economic Development Corp. receives a $384,000 grant from the local infrastructure improvement program;
The Beadle and Spink Enterprise Community Inc. receives a $250,000 grant for use in its revolving loan fund from the economic development partnership program;
The South Eastern Development Foundation receives a $250,000 grant for use in its revolving loan fund from the economic development partnership program; and
The Sioux Falls Development Foundation receives a $280,982 grant for staff funding from the economic development partnership program.
ADVERTISEMENT
The state board turned down grant requests from Wagner Area Growth Inc., ZEAL Center for Entrepreneurship and the city of Mount Vernon.
In other action, the board approved Pat Prostrollo, of Madison, as vice chairman. He replaces Tim Kessler, of Aberdeen, in that role.
Kessler earlier notified the governor he didn't want to be reappointed to the board when his term expired April 19.
Gov. Dennis Daugaard appointed Reed Kessler, of Aberdeen, to the board. Tim Kessler is his father.
Board chairman Jeff Erickson, of Sioux Falls, proposed the appointment of Prostrollo as vice chairman and as the grant committee's chairman.
Erickson said that has been the arrangement since the Building South Dakota grants programs were added to the state board's responsibilities by the Legislature several years ago.
"It adds continuity and communication," Erickson said about the vice chairman leading the grants committee.