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 Business Administration Specializing in Economics & Finance and a minor in Political Science.  She is currently President of the BHSU Jacket Investment Club, a Vice President for the BHSU Beta Gamma Sigma Honor Society, and a former member of the BHSU triathlon team.

Additionally, Schmitt has been employed with Pioneer Bank and Trust and Pioneer Wealth Management since 2018.  She also previously worked at Security National Bank in Sioux Falls, served as a legislative page in the South Dakota House of Representatives, and was appointed to the Sioux Falls Youth Advisory Council.

“I am thrilled to have been given the opportunity to work with SEDC in improving the community of Spearfish,” said Schmitt.  “I am especially excited to meet and support local business owners and learn as much as I can about this beautiful, blossoming town.”

Beginning April 1, Schmitt will be joining Kory Menken, Executive Director of SEDC, and Larry Klarenbeek, SEDC Special Projects coordinator.  She will succeed Laine Mitchell, who has accepted the Marketing and Communications Director position at Butte Electric Cooperative, Inc.

“We are elated to welcome Cayley to the SEDC team,” said Menken. “Her enthusiasm, experiences and skill set will contribute greatly to our continued success.  We look forward to this next chapter in SEDC’s ongoing evolution as a first-rate economic development organization.”

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.

Each season features one USA town. The winning town and six of its small businesses win a half-million dollars to revitalize the community.  The show is hosted by Ty Pennington of Extreme Makeover fame.

Starting in December, the Small Business Revolution team will visit all top ten finalists and begin evaluating which city is the best candidate for the show. Spearfish will receive its visit on December 4th and during their stay, they would like to meet as many small businesses in our community as possible. Businesses are welcome and encouraged to submit themselves for a chance to meet the Small  Business Revolution team by visiting

This part of the process is meant to help the team at Deluxe get a better sense of our town’s business community, including our businesses and non-profit organizations. Applications are due November 29th. The Top 5 will be announced in January.

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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