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Pierre Economic Development Corporation    
 
Incentives     Home

Sometimes it takes more than a low cost of doing business, state-of-the-art infrastructure and productive workforce to encourage a business to expand or relocate in Pierre. PEDCO and its many partners may have just the incentive you need to invest capital and human resources in Pierre.

 

Property Tax Incentive – New or expanded facilities save 40 percent over five years.

 

Low-Interest Loans – As low as 3 percent for up to half the project cost based on job creation.

 

Grants and Equity Positions – Flexibility means closing unique gaps in project funding, from direct equity contributions to purchasing investment shares of businesses.

 

Training Grants - 50 percent of wages during approved skills upgrade or initial training can be available.

 

In-Kind Training Grants - Capital University Center and The Right Turn Inc. can tailor in-kind training coordination and facility incentives.

 

To learn more

 

Pierre Economic Development Corporation  ■  800 West Dakota