The Zeal Center for Entrepreneurship (Zeal) is the physical hub for entrepreneurship in Sioux Falls. Zeal offers flexible leases and co-working memberships to startup businesses seeking affordable and flexible office space. Many organizations that support entrepreneurship are located at Zeal. Learn more about Zeal at realzeal.com or read our article.
Startup Sioux Falls is a digital hub that connects entrepreneurs to the startup ecosystem and startup community in the Sioux Falls metro area. It features news about local startups, a listing of local startup events and information about organizations that offer services, resources and capital to business owners. Learn more at siouxfalls.eco.
Women Entrepreneurs of Sioux Falls was founded on the idea of bringing the areas entrepreneurial women together in unity to make an impact on their local community. They believe strongly that women possess unique abilities and traits that make them especially qualified to work in their chosen field. They aim to foster leadership, self-confidence, and boldness in business. Learn more.
The Sioux Falls Developers Group is a community of software developers and technology entrepreneurs in the Sioux Falls area. Each month they bring in speakers to present on a wide variety of software development topics. Learn more.
Non-Profits and State Agencies
The Governor's Office of Economic Development (GOED) works to retain and expand existing businesses, foster new businesses, facilitate business succession and recruit out-of-state businesses. GOED also administers a variety of financing opportunities available to businesses. Learn more at sdreadytowork.com.
Sioux Falls SCORE provides free and confidential one-on-one business counseling by phone, email, and in-person in South Dakota. They also conduct workshops for both start-up entrepreneurs and seasoned small business owners. Learn more at siouxfalls.score.org.
The U.S. Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. Learn more at www.sba.gov.
The South Dakota Manufacturing and Technology Solutions’ (SDMTS) mission is to provide solutions which will assist all of South Dakota manufacturers to prosper and grow”. They support industry and business in the workplace—whether that's in the office, on the factory floor, at a hospital, in a bank, or on the job site. Learn more.
Venture Capital Resources
Falls Angel Fund is a Sioux Falls-based community angel investment fund that invests in early-stage, high-growth companies in South Dakota and surrounding states. Learn more about Falls Angel Fund at www.sdei.org.
The Enterprise Institute operates a network of community-based angel investment funds in South Dakota. This network includes Falls Angel Fund (Sioux Falls), Black Hills Regional Angel Fund (Rapid City), Hub City Capital (Aberdeen), Park Capital Fund 1 (Brookings) and Kampeska Capital (Watertown). Learn more at www.sdei.org.
Bluestem Capital is a mid-west private equity company based in Sioux Falls, SD. The officers of Bluestem have over 85 years of collective business and private equity experience. Learn more about Bluestem at www.bluestemcapital.com.
South Dakota Equity Partners is a public-private partnership that aims to invest up to $30 million into early and growth-stage companies in South Dakota. The partnership aims to invest in a variety of projects, primarily research commercialization and knowledge-based companies. For more information, contact Blaine Crissman at [email protected]
Crescent Capital Holdings is a venture capital firm based out of Sioux Falls led by Kevin Tupy. Partnering with talented entrepreneurs and executive teams, Crescent takes a hands-on approach to unlock underlying value, enhance profitability, and scale businesses. Learn more at CrescentPE.com.
The Funding Farm brings businesses, products and ideas together with investors from rural America, and provides business consulting services to many types of companies. Learn more at TheFundingFarm.com.
Great North Labs is an early-stage venture fund for the upper Midwest that is actively looking to do make venture investments in South Dakota companies. They apply capital, operating experience, relationships, and market intelligence to cultivate the next generation of leading tech companies across the upper Midwest. Learn more.
The South Dakota Development Corporation was formed in 1983 to help South Dakota businesses access loans from the SBA 504 loan program. Through the program, business owners can borrow between $100,000 to $5.5 million with 10, 20 or 25 year repayment periods if eligible. Learn more.
Read our venture capital guide: How to Raise Money for Your Business in the Great Plains or the Midwest
Economic Development Organizations
The Sioux Falls Area Chamber of Commerce aims to be the leading Sioux Falls area business advocate, with the mission of advancing and promoting the economic health and quality of life of the region. Learn more about the Sioux Falls Area Chamber of Commerce at siouxfallschamber.com.
The Sioux Falls Development Foundation is a non-profit development corporation that facilitates the attraction of new businesses, the retention and expansion of existing firms and the formation of new companies. Learn more at siouxfallsdevelopment.com.
Forward Sioux Falls is a joint venture economic development partnership between the Sioux Falls Area Chamber of Commerce and the Sioux Falls Development Foundation. Since 1987 it has raised more than $52 million to enhance economic development efforts and improve the quality of life of the region. Learn more at www.forwardsiouxfalls.com.
Dakota Resources helps rural communities help themselves through innovative processes, tools, training and resources. Their ambitious initiatives are designed to enhance rural entrepreneur and business development, rural housing development, community and leadership development and financial development!! Learn more.
The USD Discovery District is an 80-acre contemporary corporate and academic research park under development in Sioux Falls. It is a resource to help grow companies in South Dakota and connect universities with innovation-driven businesses. Learn more at usddiscovery.com.
South Dakota Biotech is the state affiliate of the Biotechnology Innovation Organization (BIO). This non-profit organization is dedicated to developing biotechnology through expanding research, advocacy, funding, education, infrastructure development and promotion. Learn more.
It takes hard work, persistence, and determination for a family business to succeed. Owners have the unique challenge of overlapping family and business systems, resulting in dynamics unlike any other type of organization. Prairie Family Business Association, the center for family business education in the Midwest, exists to help family business succeed for generations through quality education and networking. Learn more.
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