SEDC Awards Rainbow Trois to Local Businesses

Spearfish Economic Development Corporation (SEDC) recently sent a Business Retention and Expansion (BRE) survey to its entire membership with the incentive of being entered into a drawing for a case of Rainbow Trois, the new collaboration IPA created by Crow Peak Brewing, Sawyer Brewing, and Spearfish Brewing. Proceeds from the sale of Rainbow Trois go toward supporting the D.C. Booth Historic National Fish Hatchery and Archives.

One of the main missions of SEDC is to help local businesses thrive. Through the BRE survey, SEDC was able to gain a better understanding of individual businesses along with their perception of the Spearfish economic climate.

After completing the survey, Jeremy Hoven of Black Hills Community Bank and Kelsie Darling of Quik Signs were chosen as the lucky prize winners. The cases of beer were hand-delivered by SEDC staff earlier this week.

On behalf of SEDC, thank you to all who participated in the survey.

SEDC & GOED Visit with Spearfish Businesses

Spearfish Economic Development Corporation (SEDC) and the South Dakota Governor’s Office of Economic Development (GOED) recently teamed up to host several Small Group Retention and Expansion (R&E) Zoom meetings with dozens of Spearfish businesses.

Discussion topics included the impact of the COVID-19 situation on individual businesses and industry sectors in general, solutions and adaptations implemented by the Spearfish business community, and the variety of financial relief programs made available during the pandemic. Industry groups ranged from coffee shops and restaurants to manufacturing and construction services.

“The goal of these conversations was to answer questions, help find solutions, and gather input on how we can serve the local business community even better moving forward,” explained Cayley Schmitt, SEDC Marketing & Administrative Coordinator. “We sincerely appreciate the excellent feedback we received from our local businesses.  It was also wonderful the way the participants were able to exchange strategies and ideas amongst themselves.”

“It has been a great opportunity to assist local businesses and provide a support system to them throughout these unprecedented times,” commented Hannah Downs from the Governor’s Office of Economic Development. “I am so proud of each of them for how they are handling this situation. It is a true testament to the grit and optimism that South Dakota’s business owners have.”

Earlier this year, SEDC also took the lead on forming a Small Business Advisory Committee consisting of a diverse mix of small business owners and managers.  The mission of the group was to help provide input and recommendations to the City of Spearfish on the public health emergency ordinance as well as what steps could be taken to begin the reopening process in the community.

“Assisting with the retention, growth and economic well-being of our Spearfish businesses has always been a top priority for the SEDC Board and staff.  In response to this challenging time in our nation’s history, we have doubled down on those efforts,” said SEDC Executive Director Kory Menken.  “I commend Cayley Schmitt from our office and Hannah Downs, Business Development Representative for the Governor’s Office of Economic Development, for spearheading the Small Group R&E initiative.”

Maren Long to Complete Summer Internship

Spearfish Economic Development Corporation (SEDC) is pleased to welcome Maren Long as the organization’s newest intern.

A native of Spearfish, Long is currently an economics student at Boise State University in Boise, Idaho. In addition to Honors College, Long is a member of Delta Delta Delta, Economics Club, Tennis Club and French Club. While a student at Spearfish High School, Long was Senior Class Vice President, Captain of the Tennis Team, and a member of the National Honors Society.

“I am thrilled to have been given this opportunity to strengthen my work abilities that I will carry with me throughout my career while also assisting with the growth and establishment of Spearfish businesses,” said Long.  “I look forward to learning the functions and goals of SEDC, developing my knowledge of businesses and economic health, and working with an incredible team.”

As part of her internship, Long will assist in the creation and distribution of marketing materials, perform economic data collection and analysis, and perform basic office functions. SEDC’s internships are structured to provide the intern with substantial and transferable skills and experience.

“We are delighted to have Maren on the team,” said Kory Menken, SEDC Executive Director. “Internships are a great way for students to strengthen their leadership talents, their ability to work well with different groups of individuals, and their skills in seeing projects through from start to finish. Additionally, interns can bring with them novel perspectives and fresh ideas.”