Overview

Prairieland EDC is a private, non-profit corporation founded in 1983 as a Certified Development Company. We provide loans to small businesses in the entire State of Minnesota, the Iowa counties of Dickinson, Lyon, and Osceola, and the South Dakota counties of Brookings, Lincoln, Minnehaha, Grant, Moody, and Deuel.

Prairieland EDC seeks to assist businesses with the following:

• Stimulate the growth and expansion of small business and industry.

• Promote the improvement of community services.

• Expand business ownership opportunities.

• Increase employment opportunities.

• Promote the development of general and community welfare.

• Increase the local tax base.

Prairieland Economic Development Corporation’s Mission Statement

To grow small business in rural America

PEDC Statistics

Staff – 9
Board Members – 11
Full Members – 25
Numbers as of 9/30/05
Projects approved – 172
Projects funded – 214
Jobs created – 749
Jobs retained – 1674
# of counties - 36