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Office Locations:
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25795 475th Avenue, Suite 1
Renner, SD 57055
Phone: 605-978-2804
Fax: 605-978-2805
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Dakota Resources, formally South Dakota Rural Enterprise, serves South Dakota with financing programs such as the Capital Investment Fund and the South Dakota Community Capital Fund for community development institutions, revolving loan funds and economic development corporations, and by bringing new products and services into the rural economic development market. This initiative offers several financing and training opportunities as well as networking possibilities. Through these programs, Dakota Resources researches and adapts strategic products, services and training programs from other states and agencies to the specific needs of South Dakota: test-marketing new strategies in pilot programs, defining parameters and determining their potential for local success. The Dakota Resources Capital Investment Fund (CIF) builds financial capacity of South Dakota's Economic Development Corporations and Revolving Loan Funds who finance local development projects. The Capital Investment Fund loans out $50,000 minimum with a 10 year term. Dakota Resources is a certified CDFI by the United States Department of Treasury. $45 million has been invested in local projects across 50+ rural community and economic development organizations.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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| COMPANY STAGE | REVENUE |
| Venture Capital | |
Seed Stage
(includes "pre-seed," or
concept stage) | No Revenue |
| Early Stage | Minimal
Revenue |
Growth Stage
(also called Mid-stage) | $2M-$7M |
Expansion Stage
(also called Late-stage) | $7M and greater |
| Private Equity | |
| Lower Middle Market | $10M-$249M |
| Middle Market | $250M-$499M |
| Upper Middle Market | $500M-$1B |
| Large Cap | >$1B |
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