Northeast South Dakota Economic Corporation (NESDEC)


	NESDEC

	Loan Programs

	NESDEC Board of Directors

	Recommended Resources

	Contact Us

northeast south dakota economic corporation

Mission Statement
To stimulate economic opportunities through loans, technical assistance and partnerships.

NESDCAP Map
About Us
The Northeast South Dakota Economic Corporation (NESDEC) is a 501 (c)(3) private non-profit community development corporation. NESDEC currently serves 22 counties in South Dakota: Beadle, Brown, Buffalo, Campbell, Clark, Codington, Day, Edmunds, Faulk, Grant, Hand, Hyde, Jerauld, Kingsbury, Marshall, McPherson, Miner, Potter, Roberts, Sanborn, Spink and Walworth.

NESDEC Provides economic opportunities to the residents of its service area, through business loans, technical assistance, and partnerships with financial institutions and other business assistance organizations.

Brochure

NESDEC BROCHURE
(PDF download)

Nesdec can

• Partial guarantee or participate on bank loans to businesses
• Provide counsel, referrals, and mediation to businesses in need of assistance

loan programs

• Business Loans
• Housing Loans

Over 90 area banks participate with NESDEC's loan programs. If your banker does not know about our loan programs, contact a NESDEC representative. NESDEC helps businesses that are operating to earn a profit. The business must adhere to federal and state guidelines.

NESDEC works with the Small Business Development Corporation (SBDC). Businesses who would like assistance planning, financial projections, and overall business management may contact the Small Business Development Center. They 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. The SBDC is located at 416 Production Street North, Aberdeen, SD 57401. They can be reached by phone: (605) 626-2565 or fax: (605) 626-2667, or Email.

nesdec board of directors

David Heitmann, Britton Colleen Cordell, Marvin Rod Kusser, Highmore Daniel Menking, Webster David Gleason, Claire City	Darryl Yackley, Clark Wayne Board, Doland Craig Johnson, Redfield Rod Domke, Highmore JoAnn Schaefers, Orient	Craig Rau, Java Ed Miller, Ipswich Bob Heintzman, Aberdeen Terry Flamboe, Aberdeen Judy Steen, Ipswich

*Board meetings are held the second Thursday of each month.*

Recommended Articles

• Business Owners are Lifelong Learners by Kelly Weaver

Recommended Resources

• Association for Enterprise Opportunity
• Opportunity Finance Network
• Business Compliance Resource
• Calvert Foundation
• Entrepreneur Magazine Online
• Great Opportunities, LLC
• Governor's Office of Economic Development - Ask about their free Business Start-Up Kit!
• Rural Local Initiatives Support Corporation
• Microenterprise Fund for Innovation, Effectiveness, Learning and Dissemination
(Aspen Institute)
• Northeast Council of Governments
• Northeast South Dakota Community Action Program
• On-Line Business Information
• Power HomeBiz Guides (Online magazine articles, tools and resources)
• Quicken Small Business Tools and Resources
• Quicken.com Calculators
• Rural Development
• Rural Electric Economic Development
• Rural Learning Center
• Small Business Administration
• South Dakota Rural Enterprise Incorporated
• Southeast Council of Governments
• South Dakota Department of Agriculture
• Small Business Development Center (SBDC)
416 Production Street N., Aberdeen, SD 57401
Phone: (605) 626-2565; Fax: 65-626-2667

NESDEC is an equal opportunity lender. Complaints of discrimination should be sent to: Secretary of Agriculture,
Washington, D.C. 20250

In accordance with Federal law and the U.S. Department of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, age, disability, religion, sex, and familial status. (Not all prohibited bases apply to all programs).

To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 720-6382 (TDD).

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