Protocols for divvying out Future Fund cash outlined in executive order
Governor's Office of Economic Development administers fund used to lure businesses to South Dakota
Gov. Larry Rhoden on Thursday signed an executive order aimed at boosting transparency and accountability for South Dakota’s Future Fund, a business incentive program the governor’s office uses to attract new investment and economic growth.
“I support economic growth, but growth should not be reckless,” Rhoden told reporters during a morning press conference at the state Capitol Thursday, where he announced he’d signed an executive order establishing formal guidelines for how his administration will award and oversee grants from South Dakota’s Future Fund. “We should be bold enough to seize opportunity and wise enough to prepare for the future responsibly.”
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