Black Hills Community Economic Development began in 1981 as a regional economic development corporation. The company is a Certified Development Company (CDC) through the US Small Business Administration. BHCED issued its first SBA 504 loan in 1987 and has since issued more than $100 million in SBA loans in South Dakota, Nebraska, and Wyoming. The company also lends funds through regional revolving loan funds assisting small businesses start and expand.
The company supports the operations of the Rushmore Region Alliance, a group of Economic Development Organizations throughout the Black Hills who meet 6 times a year and pursue advancement of the entire region through economic development efforts such as capacity building and regional marketing. Follow them at www.rushmoreregion.com.
Our Board of Directors
Black Hills Community Economic Development provides access to capital through the U.S. Small Business Administration’s 504 Loan Program and supports the activities of the Rushmore Region Alliance.
Security First Bank
The Homeslice Group
Spearfish Economic Development Corp.
Thomson Law Office
Casey Peterson & Associates
West River Electric
Black Hills Community Bank
Pioneer Bank & Trust
First Interstate Bank
Sentinel Federal Credit Union
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Have any questions? We are always open to talk about your business,
new projects, creative opportunities and how we can help you.