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South Dakota WORKS
South Dakota WORKS provides business loans through local lenders to help small businesses and startups access capital.
About this program
South Dakota WORKS is a financing program administered by the Governor's Office of Economic Development to help small businesses and startups access capital. The program works with local lenders to provide loans for working capital, inventory, equipment, real estate, and other eligible business needs. South Dakota WORKS is intended for smaller financing needs and can help fill gaps in conventional business lending.
Eligibility
South Dakota small businesses and startups seeking eligible business financing through a participating lender or GOED process.
Requirements
- Business must operate in South Dakota.
- Applicant must use funds for eligible business purposes.
- Applicant must provide required financial and project information.