Business Services

Governor’s Office of Economic Development

The South Dakota Governor’s Office of Economic Development (GOED) provides information to companies and individuals looking to start a business, buy a business, or relocate a business in South Dakota. The GOED's website is full of useful information on licensing, taxes, and much more. Contact the GOED or the Brookings Economic Development Corporation to see how South Dakota’s low taxes and business-friendly environment will improve your bottom line.

Small Business Development Center

The South Dakota Small Business Development Center (SBDC) helps new entrepreneurs realize their dream of business ownership and assists existing businesses in their efforts to remain competitive.

Through a network of six offices across the state and 1,100 SBDC offices around the country, we provide professional, confidential and no-cost business consulting services, including one-on-one counseling and training, to individuals starting a business or looking for ways to improve an existing business.

Since 1985, the South Dakota SBDC has helped clients obtain more than $464 million in financing, creating or preserving more than 9,680 jobs within the state. SBDC services enable South Dakota's entrepreneurs to make better, more informed business decisions, to avoid costly mistakes, and to prepare thorough and complete business plans needed both to obtain financing and to effectively manage their venues.

Enterprise Institute

The Enterprise Institute provides customized assistance to inventors, researchers, entrepreneurs and investors throughout South Dakota and the region, helping them find the path to commercialize innovation.

The Institute is headquartered in Brookings and has offices in Sioux Falls and Yankton. It was founded in 2001 and assists entrepreneurial growth enterprises in the region by: 

• Assisting in the development of commercially-viable opportunities identified within South Daktoa State University, 
• Establishing mentoring support and outreach for regional growth enterprises 
• Supporting and/or sponsoring academic entrepreneurial programs

Services provided by the Enterprise Institute include:

• Trademark and patent searches 
• Market analysis 
• Primary and secondary research 
• Financial analysis 
• Business plan development 
• Funding alternatives services