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Rapid City Opportunity Capture Fund
City economic development fund supporting projects and initiatives that advance Rapid City economic development goals.
About this program
Rapid City’s Opportunity Capture Fund provides a city mechanism for economic development initiatives and expenditures overseen by a local board. The fund can support strategic business, workforce, infrastructure, and development opportunities that strengthen Rapid City’s economy.
Eligibility
Eligible economic development organizations, projects, and initiatives that align with Rapid City economic development priorities and receive local approval.
Requirements
- Coordinate with Rapid City economic development officials or the fund board
- Provide project purpose, budget, economic impact, jobs or investment, and public benefit information
- Meet board approval, city expenditure, contracting, and reporting requirements