Brookings Economic Development Corporation

The Brookings Economic Development Corporation (BEDC) is a nonprofit organization dedicated to enhancing the economic well-being of Brookings, South Dakota, and its surrounding areas. The organization's mission includes improving the quality of life in these regions.

Purpose and Activities

BEDC serves as the primary engine for promoting economic growth in Brookings, focusing on cultivating a favorable business environment. It works with various local, regional, and state partners to support business development and community growth. The corporation advocates for businesses and builds relationships that enable them to succeed within the community.

Community and Economic Environment

Brookings, where BEDC operates, offers a unique set of economic advantages. It boasts among the lowest national business costs, making it an attractive location for entrepreneurs and businesses looking to expand or establish operations. The city is home to South Dakota State University, the largest university in the state, which provides a skilled labor force and access to educational resources. This combination of low business costs, entrepreneurial spirit, and university presence creates a fertile ground for business growth.

Notable Features of Brookings

1. Education and Workforce: The presence of South Dakota State University supplies a well-educated workforce, providing businesses with a skilled labor pool.

2. Location and Infrastructure: Strategically located along the I-29 corridor, Brookings offers easy access to major metropolitan areas, facilitating transportation and logistics.

3. Quality of Life: Brookings is recognized for its high quality of life, featuring clean air, excellent schools, and a diverse cultural environment, thanks in part to the international presence of the university.

Partnerships and Community Engagement

BEDC collaborates with a variety of organizations and institutions to achieve its goals. These partnerships include local businesses, community groups, and philanthropic organizations, all of which contribute to creating a supportive ecosystem for economic development and community enhancement.

Overview

In summary, the Brookings Economic Development Corporation plays a vital role in fostering economic growth and community development in Brookings and its surrounding areas. Through its partnerships, advocacy, and support for local businesses, BEDC helps create a thriving economic environment that benefits both businesses and residents alike.