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ECONOMIC DEVELOPMENT FINANCE AUTHORITY SIOUX FALLS CONVENTION CENTER 1201 NORTHWEST AVE, ROOM 1214 SIOUX FALLS, SD FRIDAY, OCTOBER 23, 2020, 10:00 A.M. CT TABLE OF CONTENTS A. Regular Session Agenda
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Who needs economic development finance authority?

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Small businesses looking for financial assistance to support their growth and expansion plans.
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Non-profit organizations and community development organizations working on initiatives for economic development.
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Any entity or individual meeting the eligibility criteria and having a legitimate need for financial assistance to promote economic development.
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The Economic Development Finance Authority (EDFA) is a governmental agency that provides financing and support for economic development projects, mainly to facilitate business growth, infrastructure development, and job creation.
Entities such as local governments, non-profit organizations, and private sector businesses that seek financial assistance or engage in projects funded or supported by the Economic Development Finance Authority are typically required to file.
To fill out the Economic Development Finance Authority application, one must gather necessary project information, financial statements, and any required documentation to complete the specific forms provided by the authority accurately.
The purpose of the Economic Development Finance Authority is to promote economic growth by providing financial resources, supporting new business ventures, and creating jobs within the community.
Information such as project description, financial projections, anticipated job creation, investment amounts, and compliance with local development plans must be reported.
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