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Elevate Rapid City Startup Seed Fund

Sector: Residential • Location: Rapid City, South Dakota, United States

Source: Business Facilities

Project
Awarded

South Dakota Board of Economic Development approved a $500,000 SD Works Legacy loan to Elevate Rapid City to establish a revolving seed fund for early-stage tech startups. This is part of a $1 million initiative by the Governor’s Office of Economic Development to address startup financing gaps in South Dakota.

Status
Closed
Sector
Residential, Commercial, Government
Location
Rapid City, South Dakota, United States of America
Updated
22 Jul 2026
Source
Business Facilities

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Project Information

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The project “Elevate Rapid City Startup Seed Fund” is an infrastructure initiative in the Residential sector, located in Rapid City, South Dakota, United States. Taiyo aggregates data on it from Business Facilities.

Participants

Sponsoring Agency

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

South Dakota Board of Economic Development approved a $500,000 SD Works Legacy loan to Elevate Rapid City to establish a revolving seed fund for early-stage tech startups. This is part of a $1 million initiative by the Governor’s Office of Economic Development to address startup financing gaps in South Dakota.

Original sector

Economic Development

Budget

Location

Country

United States of America (USA)

State

South Dakota

City

Rapid City

Source

Source

Business Facilities

URL

More Details

Record type

Project

Sector

Residential, Commercial, Government

Article published date

2025-09-16

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