SEDC Awards Inaugural Emerging Business Achievement Award

Spearfish Economic Development Corporation (SEDC) has awarded Antunez Cuisine with the organization’s inaugural Emerging Business Achievement Award. Members of the SEDC Board of Directors and staff were on hand to present owners Jared DeGraaf and Sabrina Heredia with the special recognition. Today’s presentation was held in conjunction with National Entrepreneur’s Day.

The Emerging Business Achievement Award was created by SEDC in 2020 to honor start-up businesses that demonstrate successful business practices, practice civic engagement, and partner with other businesses in the Spearfish community. “We are pleased to celebrate Antunez’s many accomplishments and to recognize their dedication to innovation and the entrepreneurial spirit,” stated SEDC Executive Director Kory Menken.

Located at 117 E Illinois Street in downtown Spearfish since opening their doors in 2018, Antunez serves fresh, hand-crafted dishes that are inspired by Latin, Hispanic, and Mexican cuisines along with wine and beer selections from around the world. DeGraaf and Heredia are also active within the Spearfish community and are expanding their operations to include a new wine shop complete with tastings.

“To be selected out of so many great businesses for this inaugural award is truly an honor and quite unexpected,” said DeGraaf. “We started this restaurant because we saw an opportunity to do what we are passionate about while at the same time provide for our family. What we have received in return, though, has far surpassed anything we imagined. The friends, relationships, kindness, love, and camaraderie we continue to experience make every day at the restaurant more worth it than words can express. Our sincere thanks to all family, friends, employees, and amazingly loyal customers who have made this venture not only possible, but a reality. A very big thank you also to the Board of SEDC for the honor bestowed and for making us feel so special.”

 

To be eligible for the annual SEDC Emerging Business Achievement Award, businesses must be located in Spearfish and have been in operation for no more than three years. The new award joins the Award of Excellence and the Spirit of Enterprise Award (formerly known as the Rising Star Award) which are presented each year at the SEDC Annual Meeting.

SEDC Receives Black Hills Energy Economic Development Grant

Spearfish Economic Development Corporation (SEDC) recently received a $6,000 grant through Black Hills Energy’s Economic Development Grant program to support ongoing marketing efforts targeted at attracting additional outdoor product businesses to the Spearfish area. Outdoor recreation is an economic powerhouse in the United States, producing millions of jobs and billions of dollars in consumer spending […]

SEDC Names Cayley Schmitt as New Marketing & Administrative Coordinator

The Spearfish Economic Development Corporation (SEDC) is pleased to announce Cayley Schmitt will be joining the organization as its new Marketing and Administrative Coordinator. Schmitt will be responsible for administering office operations and supporting SEDC’s marketing strategy and implementation. Schmitt will be graduating from Black Hills State University (BHSU) in May with a Bachelor of Science in […]

Spearfish a top ten finalist for small business reality show

The Small Business Revolution_Spearfish(Spearfish, SD) – Spearfish has been chosen as a top ten finalist for a small business reality show.

The City of Spearfish is under consideration to be featured on Season 5 of Small Business Revolution. The television series helps small businesses – and the towns where those businesses are located – reignite the spark that drives them and keeps people coming back. Spearfish was the only South Dakota town to be picked as a top ten finalist. Read more

Spearfish – Growing business by nature

Black Hills Business Magazine | July 2019

Located in the northern Black Hills, Spearfish represents one of the most broad-based economies in western South Dakota. With roots in education, health care, tourism, natural resources, and light industry, our local economy has grown and diversified substantially over the past several decades. The past five years has seen the average yearly new construction valuation nearly double that of the previous five years.

Recognizing the attraction of Spearfish’s strong economic advantages -as well our area’s outdoor recreation and active lifestyle appeal- Spearfish Economic Development Corporation (SEDC) has launched a strategic initiative to recruit additional outdoor product companies to our growing community.

According to the Outdoor Industry Association, outdoor recreation is an economic powerhouse in the United States, each year generating $887 billion in consumer spending and supporting 7.6 million jobs. Every year, American consumers spend more on outdoor recreation than they do on pharmaceuticals and fuel, combined. In fact, the impact of outdoor recreation on America’s economy is almost as big as that of hospital care.

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SEDC Attends Outdoor Retailer Summer Market

Spearfish, SD – June 25, 2019 – Recognizing the attraction of Spearfish’s strong economic advantages -as well the area’s outdoor recreation/active lifestyle appeal- Spearfish Economic

Development Corporation (SEDC) continues our strategic initiative to recruit additional outdoor product manufacturing companies to the Spearfish community.  As part of these efforts, SEDC Marketing Coordinator Laine Mitchell recently attended the Outdoor Retailer Summer Market tradeshow in Denver.

The Outdoor Retailer Summer Market is North America’s largest tradeshow in the outdoor industry drawing attendees from throughout the world, including over 600 exhibitors from a variety of industries including backpacking, camping, hiking, climbing, skiing, mountain biking and fly fishing. “This show ignited conversations directly with key decision makers and influencers and gave us the opportunity to share the Spearfish story,” said Mitchell.  “Our participation was especially timely as MarketWatch recently recognized Spearfish as one of ‘The best little cities to live if you love the outdoors.’”

According to the Outdoor Industry Association, outdoor recreation is an economic powerhouse in the United States, each year generating $887 billion in consumer spending and supporting 7.6 million jobs.  Every year, American consumers spend more on outdoor recreation than they do on

pharmaceuticals and fuel, combined.  In fact, the impact of outdoor recreation on America’s economy is almost as big as that of hospital care. “Spearfish is very fortunate to already be home to a handful of outdoor product manufacturers,” explained Executive Director Kory Menken. “SEDC’s goal is to attract and foster more companies of this nature, as they create the type of clean industry and good-paying jobs our community desires.” Last year, Menken attended the same show and which resulted in numerous prospective leads and a site visit to South Dakota.

In addition to attending the Outdoor Retailer Summer Market, SEDC has also placed strategic advertisements in numerous regional and national publications including the Summer 2019 issue of The Drake magazine.  Founded in 1998, The Drake has become one of the premier fly fishing magazines and is sold in nearly 2,000 stores nationwide. SEDC will also be participating in the International Fly Tackle Dealer tradeshow in Denver later this year.

Sanford Underground Research Facility creates a visual economic impact

Through regional spending and job creation—both direct hires at Sanford Underground Research Facility (Sanford Lab) and jobs generated by large science projects on-site—Sanford Lab has created a ripple of impacts throughout the state.

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2019 Annual Meeting Recap

On Thursday, January 24th, Spearfish Economic Development Corporation held their 2019 Annual Meeting. The meeting consisted of a 2018 Spearfish Economic Review, an update from guest speaker Dr. Jaret Heise from the Sanford Underground Research Facility, recognition to outgoing SEDC board members, and the presentation of the 2019 Award of Excellence and Rising Star Award.  Read more

New efficient energy now more affordable than ever

SPEARFISH| The new lighting technology for businesses and homes is better, and less expensive.

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Spearfish Makes Sense & Cents

It just makes sense.

Spearfish, South Dakota recently received another accolade suiting an outdoor-centric lifestyle. This is another example of why Spearfish is a perfect fit for outdoor product companies:

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