With more than $2,467.00 million dollars in grants and additional local government funding sources of $2,068.00 million dollars, the majority of the federal budget in government grants is put into the business sector every year as small businesses and large corporations are the foundation of the economic growth in South Dakota. There are 21,573 business establishments in the state of South Dakota, and they break down to the following:
South Dakota Business Sector Breakdown by Size:
- 12,377 registered businesses in South Dakota have 0 to 4 employees. People who work at home with sole proprietorship are included in this breakdown.
- 3,725 registered businesses in South Dakota have 5 to 9 employees.
- 2,351 registered businesses in South Dakota have 10-19 employees.
- 1,853 registered businesses in South Dakota have 20-99 employees.
- 526 registered businesses in South Dakota have 100 to 499 employees.
- Over 741 registered businesses in South Dakota have over 500 employees.
South Dakota Business Sector Breakdown in Service Industries:
- 1,782 registered businesses in South Dakota are in the Professional, Scientific and Technical Services sector.
- 1,024 registered businesses in South Dakota are in the Administrative, Support, Waste Management, and Remediation Services sector.
- 2,385 registered businesses in South Dakota are in the Accommodation and Food Services sector.
- More than 2,681 registered businesses in South Dakota are also service orientated businesses but are not categorized to the above sectors.
If you are in the farming industry, you may be eligible to apply for small business grants as well. There are more than 31,000 farms in the state of South Dakota.
Starting and managing a small business in South Dakota is not an easy task. Over $10,453,529,000.00 US dollars are paid to employee salaries/payroll alone in the state of South Dakota and more than 1,979 businesses declare bankruptcy every single year. Although the federal government does not publically provide grants for starting and expanding a business, in South Dakota, some small business grants are given to business owners to start and grow their ventures, and grant recipients do not have to pay back the funding from government. Therefore, it makes sense to look into small business grants as one of your sources to fund your business.
To apply for business grants in South Dakota, contact South Dakota financial aid agencies, or
Current online applicants in South Dakota are browsing from the following cities: Wilmot, Enning, Armour, Murdo, White River, Freeman, Saint Francis, Faith, Ethan, Volin
Recent State Funding Opportunities
Below is a list of opportunities recently published in the local state:
| Funding Opportunity |
|---|
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Announcement for Program Funding for NRCS’ Conservation Innovation Grants (CIG) for Federal fiscal year (FY) 2023 – South Dakota (Apply for USDA NRCS SD CIG 23 NOFO0001308)
Funding Number: USDA NRCS SD CIG 23 NOFO0001308 Agency: Department of Agriculture, Natural Resources Conservation Service Category: Agriculture, Environment, Natural Resources Funding Amount: $150,000 |
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FY 2023 STATE TRADE EXPANSION PROGRAM (STEP) for South Dakota (Apply for SB OITST 23 001)
Funding Number: SB OITST 23 001 Agency: Small Business Administration Category: Business and Commerce Funding Amount: $175,000 |
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Conservation Collaboration Cooperative Agreements Fiscal Year (FY) 2023 Notice of Funding Announcement SOUTH DAKOTA (Apply for USDA NRCS SD MULTI 23 NOFO0001233)
Funding Number: USDA NRCS SD MULTI 23 NOFO0001233 Agency: Department of Agriculture, Natural Resources Conservation Service Category: Agriculture, Environment, Natural Resources Funding Amount: $1,200,000 |
|
Conservation Collaboration Cooperative Agreements Fiscal Year (FY) 2022 Announcement for Program Funding – SOUTH DAKOTA (Apply for USDA NRCS SD MULTI 22 NOFO0001167)
Funding Number: USDA NRCS SD MULTI 22 NOFO0001167 Agency: Department of Agriculture, Natural Resources Conservation Service Category: Agriculture, Environment, Natural Resources Funding Amount: $1,000,000 |
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Award Competition for Hollings Manufacturing Extension Partnership (MEP) Centers in the States of Kentucky, Nebraska, Rhode Island, and South Dakota (Apply for 2022 NIST MEP 01)
Funding Number: 2022 NIST MEP 01 Agency: Department of Commerce, National Institute of Standards and Technology Category: Science and Technology and other Research and Development Funding Amount: Case Dependent |
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Conservation Innovation Grants (CIG) for Federal fiscal year (FY) 2021 – SOUTH DAKOTA (Apply for USDA NRCS SD CIG 21 NOFO0001102)
Funding Number: USDA NRCS SD CIG 21 NOFO0001102 Agency: Department of Agriculture, Natural Resources Conservation Service Category: Agriculture, Environment, Natural Resources Funding Amount: $75,000 |
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Conservation Collaboration Grants Agreements Fiscal Year (FY) 2021 Announcement for Program Funding – SOUTH DAKOTA (Apply for USDA NRCS SD CCG 21 NOFO0001099)
Funding Number: USDA NRCS SD CCG 21 NOFO0001099 Agency: Department of Agriculture, Natural Resources Conservation Service Category: Agriculture, Environment, Natural Resources Funding Amount: $1,000,000 |
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Conservation Collaboration Grants Agreements FY 2021 Announcement for Program Funding – SOUTH DAKOTA (Apply for USDA NRCS SD CCCA 21 NOFO0001098)
Funding Number: USDA NRCS SD CCCA 21 NOFO0001098 Agency: Department of Agriculture, Natural Resources Conservation Service Category: Agriculture, Environment, Natural Resources Funding Amount: $1,000,000 |
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NRCS’ Conservation Innovation Grants (CIG) for Federal fiscal year (FY) 2020 – State of South Dakota (SD) (Apply for USDA NRCS SD CIG 20 GEN0010787)
Funding Number: USDA NRCS SD CIG 20 GEN0010787 Agency: Department of Agriculture, Natural Resources Conservation Service Category: Agriculture Funding Amount: $75,000 |
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Aquatic Invasive Species Prevention Activities in South Dakota (Apply for BOR MB 20 N004)
Funding Number: BOR MB 20 N004 Agency: Department of the Interior, Bureau of Reclamation Category: Environment Funding Amount: $61,000 |
Small Business Grants in Local States
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