Tuesday, June 7, 2016

Campaign brings in $15.5M for economic development

Patrick Anderson
Argus Leader

Business leaders in Sioux Falls raised $15.5 million as part of an ongoing effort to bolster and invest in the local economy.

Organizers behind the most recent Forward Sioux Falls campaign announced the fundraising total Tuesday, promising to spend some of the money on workforce development.

“Those dollars will be used to fund any number of economic development, quality-of-life initiatives,” said Dave Rozenboom, who co-chaired the campaign.

[. . .] Hoping to understand the education and training needs of the city's future workforce, the group brought in the consulting firm Market Street Services in January 2015 to conduct a six-month analysis. The company’s work helped coordinators pick a list of priorities for the next five years.

“What they provided was independent, third-party assessment,” said Rozenboom, president of First Premier Bank. “They also do this across the country, so we benefit from their intellectual experience and perspectives.”

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