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Tue February 4, 2014
Black Hills Regional Angel Fund
Entrepreneurs in the Rushmore Region have a new resource to help them take their concept from dream to reality. The Rapid City Economic Development Partnership, in conjunction with the South Dakota Enterprise Institute and its regional economic allies, is launching Black Hills Regional Angel Fund, LLC. The Angel Fund will provide financial resources for local startup companies that exhibit potential for growth and high economic impact. The Black Hills Regional Angel Fund is completely funded with local money from accredited private investors in the Black Hills. Ben Snow, President of the Rapid City Economic Development Partnership, and Tim Weelborg, Executive Director of the South Dakota Enterprise Institute, explained the new Angel Fund.