Financial & Tax Incentives: Brookings, SD

Downtown Economic Development Incentive Fund (DEDIF)

The purpose of the DEDIF Loan Program is to stimulate private investment in downtown Brookings by lending funds to downtown property owners for the purpose of exterior streetside real estate improvements, repairs, and historical preservation.

Category: Local Incentives

More Local Incentives

Brookings Economic Development Corporation manages a private for-profit entity called Area Development Corporation (ADC).  Its purpose is to advance industrialization,  increase employment opportunities, population growth, and improved conditions in the area through various means including by lending money utilizing a revolving loan fund.  Companies wh... Learn More
BEDC also offers new and existing companies low interest loans for the qualified purchase of science and research related equipment that will be used in Brookings County.  Interested companies can contact BEDC to receive an application.  Applicants will be required to provide a list o... Learn More
Brookings County offers a discretionary property tax formula for businesses investing $30,000 or more in new construction or expansion. Learn More
The city of Brookings offers a sales tax incentive program. Contact BEDC to find out more about these programs. Learn More
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