2011 2105 +/-Job Growth 136,000 150,300 14,300+Sales Tax Revenue 98 million 116 million 18.6Unemployment Rate 4.3% 2.6%Single Family Home Building Permits 347 663Budget – Balanced!Debt Load – Low!

•Improved Infrastructure – Streets•New Events Center•Indoor Aquatic Center•Private/Public Partnerships – Hockey Center, Tennis Center, Other

Economic Outlook

Leadership And

Mentors

$ in Millions Investors1987 – 1991 FSF1 $1.9 283

1992 – 1996 FSF2 $2.2 354

1997 – 2001 FSF3 $4.2 446

2002 – 2006 FSF4 $6.4 412

2006 – 2011 FSF5 $10.5 391

2011 – 2016 FSF6 $12.2 421

2021 FSF $15 500

Get the Community Going!Attract Business!

Focus of Investment

Education OpportunitiesProductive Business Government Climate

Technology Development/EnhancementAffordable Housing

Workforce DevelopmentCultural Opportunities

Quality of Life“Stay Close – Go Far”

Air ServiceYoung Professional Network

2021 – Momentum

Workforce – Workforce – Workforce!!

Foundation Park

USD Discovery District

Lessons from 7 FSF Campaigns

Vision

Passion

Strategic Plan

• Sioux Falls Metro – 2982

• South Dakota – 13,737

Current Job Openings:

Purpose:

Build Dakota was created to Address a skilled workforce shortage in SD.

• Many Studies – Take Action!

• One Piece of the Pie

• Provide “Full Ride” Scholarships for Critical Need Vocational Training

Concept:

• $25 Million Denny Sanford(Chairman of the Board, United National Corporation)

• $25 Million South Dakota Future Fund(Gov. Dennis Daugaard-Economic Development Funds)

Structure:

PARTNERSHIPS

Structure:

• Board of DirectorsDana Dykhouse, Chair – CEO, First PREMIER Bank-Sioux Falls, SDDiana VanderWoude, Vice Chair – VP of Academic Affairs, Sanford HealthWayne Baumberger – Engineering Manager, Caterpillar-Rapid City, SDGreg Carmon – Owner, Midwest Railcar Repair, Inc.-Brandon, SDMark Leddy – CEO, Valley Queen Cheese Factory-Mitchell, SDTerry Sabers – VP of Finance, Muth Electric-Mitchell, SDDeb Shephard – Retired President, Lake Area Technical Institute

• Governor’s Office StaffTony Venhuizen, Chief of StaffLisa Clark, Policy AdvisorTiffany Sanderson, Director of Career and Technical EducationKeley Smith-Keller, Ed.D, Assistant Director, Postsecondary EducationDeni Amundson, Program Manager, Build South Dakota

Structure:

• 3 Months from Idea to Action

Kick-Off Publicity:

• Address workforce shortage.

• Changing hundreds of lives by offering full-ride scholarships.

• Bringing new attention to the high-quality of education offered at South Dakota Technical institutes.

Impact:

• Critical Areas of Critical Need – Awarded to students entering high-need workforce programs at South Dakota’s technical institutes.

Concept:

2016-2017 High Need Fields of Study• Agriculture- Large Animal (LATI only)• Automotive/Diesel• Building Trades/Construction• Energy Technicians• Engineering Technicians• IT/Computer Information Systems• Medical Laboratory Technicians• Practical Nursing (Select Programs)• Precision Manufacturing• Surgical Technicians• Welding

$5 – $10 Million Per Year

Governed by Capacity of Schools

Community Foundation

Structure:

• Commitment by student to live and work in South Dakota 3 years after graduation.

• First five years, a projected 300 scholarships will be awarded annually. Endowment will support approximately 50 full-ride scholarships after five years.

Concept:

During Enrollment•Students must be enrolled in their program full-time.•Students must complete the program in the expected time.•Students must maintain at least a 2.5 cumulative grade point average (GPA) throughout enrollment in the program.•Students must follow the technical institute’s behavioral conduct policies.

After Graduation•Must work full time, in South Dakota, for 36 months following graduation.•They have up to 6 months following graduation to secure employment.•The 36 months begins when they have started their job.

What are the terms of the Build Dakota contract?

• 60 + partnerships with businesses across South Dakota

Industry Partnership:

South Dakota businesses partner with Build Dakota and the SD technical institutes to provide additional scholarship funds or support high-need programs.

•The business gains a skilled employee.•Build Dakota and employer funds are maximized to support more students.•The growth of these partnerships will minimize the shortage of skilled workers.•Potential free advertising on Build Dakota website.•Each technical institute has different program.•Not “one size fits all” because businesses have different needs.

Industry Partnership:

• Frisbee Example

Industry Partnership:

1st Year Stats – Critical Need Trades

# Applications 1,090

# Scholarships 300

# Instate 256

# Out of State 44

Impact: 2015-2016

# Applications 1,400 +

Impact: 2016-2017

BuildDakotaScholarships.com

ForwardSiouxFalls.com

Remember: Never, never be afraid to try something new.

Amateurs built the ark.

Professionals built the Titanic.