2014 report to investors
Transcription
2014 report to investors
2014 REPORT TO INVESTORS Creating Better Business, Better Life in Sioux Falls Our sixth Forward Sioux Falls program continues to elevate our community to levels we could only dream about when our joint venture between the Chamber and the Development Foundation started in 1987. Mark Shlanta SDN Communications Forward Sioux Falls 2011-2016 Joint Venture Management Committee Chair The continued success of Forward Sioux Falls is a result of the investors and volunteer leaders. Through six programs, hundreds of businesses and individuals have exemplified the meaning of collaboration and consensus. As the program has matured, the footprint has grown to include the communities surrounding Sioux Falls. Their shared vision of how we can create new jobs, new opportunities and capital investment across our region has given direction and made possible the achievement of significant goals. Included in this report to investors are just some of our successes during the 2011-2016 program. We are proud of our accomplishments and the impact your investment makes both today and in the future. Thank you for helping move Sioux Falls forward. Forward Sioux Falls is managed by the Joint Venture Management Committee (JVMC), which is the executive committees of the Sioux Falls Area Chamber of Commerce and the Sioux Falls Development Foundation, plus one at-large member. The current JVMC includes: 2014 Officers 2014 Members Chair Mark Shlanta, SDN Communications Paul Bruflat, CNA Surety Vice Chair Keith Severson, Eide Bailly LLP Tyler Haahr, MetaBank Secretary W. Tom Simmons, Midcontinent Communications Scott Lawrence, Lawrence & Schiller Treasurer Dana Dykhouse, First PREMIER Bank Mark Mickelson, Mickelson & Company Dr. Charles “Pat” O’Brien, Retired Rob Oliver, Augustana College Jim Soukup, Soukup Construction www.forwardsiouxfalls.com www.forwardsiouxfalls.com RESEARCH, TECHNOLOGY & ENTREPRENEURSHIP As the South Dakota Technology Business Center (SDTBC) reached their 10th anniversary this past year, success stories continued to unfold in the incubator space. More opportunities for future growth are being created through the GEAR (Graduate Education and Applied Research) Center as well as developing the University of South Dakota Research Park (USDRP). Goal: To maximize the economic impact of high-growth businesses, entrepreneurs and innovators in the Sioux Falls MSA. Culture of Entrepreneurship ⊲⊲ ⊲⊲ Sponsored Enterprise Institute’s Innovation Expo, which has evolved into the region’s leading entrepreneurship event growing to more than 400 participants each year. Launched the SDTBC Business Accelerator, now in its third year. This program includes expanded funding opportunities for participating companies through a partnership with the Governor’s Office of Economic Development. Nine of the 12 participants in the first two accelerators are still growing their businesses in South Dakota. Start-Up and Early-Stage Capital ⊲⊲ Through the SDTBC, Forward Sioux Falls invested $200,000 in South Dakota Innovation Partners. This early-stage fund is investing in several start-up companies with novel technologies including Medgene Labs, Tranzderm Solutions and Prairie Aquatech. ⊲⊲ Supported the Enterprise Institute’s efforts to create new angel funds throughout South Dakota, with four new funds actively seeking investments and a fifth fund planned for Sioux Falls in 2014. Research and Development Infrastructure ⊲⊲ ⊲⊲ W. 60th St. N. ⊲⊲ I-29 ⊲⊲ University Center Future location of USDRP hosted the 15th annual NIH Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Conference, bringing hundreds of small businesses to Sioux Falls to learn how these programs help bring new health-related innovations to market. Helped USD secure funding to construct and equip an aseptic Good Manufacturing Practices (GMP) suite at the GEAR Center in Sioux Falls. The 875 sq. ft. clean room space will be completed in the summer of 2014 and be used to produce pharmaceuticals and medical devices for clinical trials. Working with USD to secure funding to plan for a $12.1 million expansion of the GEAR Center. South Dakota Technology Business Center ⊲⊲ Staff implements the Forward Sioux Falls Research, Technology and Entrepreneurship initiative. ⊲⊲ Has taken the lead role in developing and managing the USD Research Park. ⊲⊲ Expanded entrepreneurial development programs to include the SDTBC Accelerator and Leadership Circle and continues to manage and promote regularly scheduled I.N. After Hours networking events. ⊲⊲ Reached 10-year operating milestone in December 2013 and graduated 20 companies, including six during the current FSF program, into the greater Sioux Falls area. ⊲⊲ www.forwardsiouxfalls.com Partnered with University of South Dakota (USD), the Board of Regents and the City of Sioux Falls to launch the USD Research Park on 80 acres adjacent to University Center in Sioux Falls. USDRP has leased the land from the Board of Regents for $1 per year for 99 years and has started the master planning process for the research park site. Continues to evolve to meet the changing needs of the entrepreneurial community. ENTREPRENEURSHIP SUCCESS STORY STEM Fuse path to success highlights value of business incubation Only three years ago STEM Fuse was a startup located in St. Cloud, Minn. It had a few hundred customers and founder Carter Tatge was having difficulty finding equity investors for his fledgling company. Today, this provider of science and technology education curriculum is located in Brandon, has 13 full-time and eight part-time employees, a similar number of contractors and its classes are offered in nearly 3,600 schools in all 50 states and six countries. How STEM Fuse achieved this rapid growth exemplifies the value of business incubation, early-stage capital and a little serendipity in the entrepreneurial process. At nearly the same time, Sioux Falls entrepreneurs Shane Thomas and Adam Learing launched Beginr Media and carved out a niche developing websites with e-commerce capabilities. Eventually both companies found their way to the South Dakota Technology Business Center in 2012. STEM Fuse designs and sells classes for K-12 students. In its main courses, students learn by building computer games. The curriculum is designed to get students interested in learning and applying STEM education — science, technology, engineering and mathematics. The SDTBC helped connect STEM Fuse with investors like The Funding Farm of Brandon. Matthew Willard, a partner in The Funding Farm, says Tatge’s enthusiasm for educational products was a big factor in getting the investment group interested in STEM Fuse. “This is a company that is solving the problem, not just talking about it. It’s a project with a great entrepreneur and leader, and a great upside,” he said. With the new round of investment, STEM Fuse turned its focus to expanding its technology curriculum and growing its user base. Beginr Media was working on dozens of e-commerce websites, including as a subcontractor for some big-name projects such as the Los Angeles Lakers basketball team and the TV show American Idol. Learing and Thomas also participated in the SDTBC’s Accelerator program to develop opportunities to scale their business by offering new software products. Eventually the companies connected and Beginr Media was hired to help develop courses and a mobile app for STEM Fuse. “We started hanging out with Carter more and discussing the business and opportunities to improve the STEM Fuse website and how the company delivered its content,” Learing said. “That eventually led to larger contract and then Carter proposing a merger in 2013. Shane and I have headed up development since then and the company has had explosive growth and now offers 10 courses.” Tatge points to the connection and subsequent merger with Beginr Media as a key step in accelerating STEM Fuse’s growth. “I hired Shane, Adam and their team as contractors and it went great. I kept giving them more work and they kept knocking it out of the park. Eventually it just made sense to bring them on board and make them part of the company,” Tatge said. STEM Fuse is well on its way to reaching its goal in getting its curriculum into 10,000 schools. The company’s journey from Minnesota to the SDTBC in Sioux Falls to The Funding Farm in Brandon highlights the impact of incubators as connectors in the entrepreneurial ecosystem. “Coming to South Dakota to work with the SDTBC and The Funding Farm was definitely the best decision I could have made for my company,” Tatge said. www.forwardsiouxfalls.com The Forward Sioux Falls 2011-2016 program recently reached its halfway point and the results of our national marketing efforts are rolling in: To attract companies to Sioux Falls, a lead generation firm put us in contact with companies looking to relocate or expand to another location. We have worked hard to get Sioux Falls noticed by site selectors Through our combined efforts: Teaming with a firm that specializes in marketing places, we continue to build relationships with site selection consultants across the nation to put Sioux Falls on the “A” list as they work with clients looking to relocate or expand their businesses. New York Chicago Dallas We know we are a great city, but how do we get the word out without tooting our own horn? have visited Sioux Falls on Familiarization (FAM) Tours The impressions earned represent a significant value in advertising dollars. were hosted in major cities in order to familiarize them with Sioux Falls and South Dakota Through these efforts, relationships have been built with www.forwardsiouxfalls.com Through rankings and positive news stories across a variety of media outlets that have been shared globally, Sioux Falls has effectively earned recognition through third-party endorsements. Both State and City officials are on board, participating in the meetings The Sioux Falls story has been told by these media outlets — and many more: NPR USA Today Forbes Business Week CNN CNBC Marketplace Chemical & Engineering News FastCompany.com The Daily Beast www.forwardsiouxfalls.com QUALITY OF LIFE WORKFORCE GOOD EARTH STATE PARK AT BLOOD RUN SHADOW ED For nearly 30 years, turning the land at Blood Run into a state park seemed like a dream. Forward Sioux Falls, the Sioux Falls Area Chamber of Commerce, the Sioux Falls Convention & Visitors Bureau and the Sioux Falls Development Foundation provided local matching funds, along with the State, to help purchase some of the land encompassing the site. Located in Lincoln County along the Big Sioux River just south of Sioux Falls in both South Dakota and Iowa, Good Earth State Park at Blood Run is the first dual state park and South Dakota’s first new state park in 40 years. The ShadowED program helps prepare high school students for one-on-one shadow experiences with local experts. Since the program started in 1997, ShadowED has arranged more than 5,500 shadows with the help of more than 200 business partners. INTERNS IN INDUSTRY In 2003, Forward Sioux Falls developed the Interns in Industry program, which matches local businesses with area post-secondary students. The goal is to assist businesses with internship programs and to inform students about career opportunities in the Sioux Falls area. Forward Sioux Falls helps by giving a scholarship to participants. Since the program started in 2003, Forward Sioux Falls has partnered with 65 area businesses to provide a total of 315 outstanding internships. During the summer of 2014, 50 more students will discover the wealth of opportunities and diversity of businesses in the Sioux Falls area through the Interns in Industry program. SIOUX EMPIRE HOUSING PARTNERSHIP The Sioux Empire Housing Partnership was created in part to ensure affordable housing opportunities for the growing workforce. In 2014, the SEHP unveiled its website geared to the Hispanic population. The new site includes resources in Spanish in order to help Sioux Falls’ fastest-growing population achieve the dream of home ownership. The SEHP continues to help with down-payment assistance for first-time homebuyers, homebuyer education, establishing affordable neighborhoods and neighborhood revitalization. In the first 10 years, it is estimated that Forward Sioux Falls’ $1 million investment into affordable housing has multiplied to $13 million in economic activity, not including the tax base created by new homeowners. The Interns in Industry program has awarded more than $157,500 in scholarships since 2003. Visit www.siouxempirehousing.org, or go to www.siouxempirehousing.org/es for the Spanish version. TRAVEL EASY FROM FSD ⊲⊲ ⊲⊲ The Air Service Committee was formed in 2011, with the first accomplishment being helping the Sioux Falls Regional Airport Authority lobby Frontier Airlines to establish operations in Sioux Falls. Frontier started service at FSD in July 2011 as the fifth airline provider at the airport and the “Frontier effect” has resulted in reduced fares on flights heading west out of FSD. Frontier has helped make Denver one of the top destinations for passengers leaving FSD. Marketing dollars have helped augment the message of traveling easy from Sioux Falls. Forward Sioux Falls has provided supplemental funds to allow the airport message to run in additional markets. www.forwardsiouxfalls.com ⊲⊲ ⊲⊲ ⊲⊲ A recent survey completed by Sixel Consulting showed that “leakage” (passengers who live closest to FSD, but use other airports to get to their destination) decreased from 41 percent in 2010 to 19 percent in 2013. Forward Sioux Falls assisted with communication between the airport and the U.S. Customs office to gain resolution on updating facilities to meet ongoing customs needs. Forward Sioux Falls surveyed the Sioux Falls Area Chamber of Commerce business members to determine the need for additional routes to destinations not already served. This information was used by airport management when meeting with airlines looking at the feasibility of adding routes or capacity to existing routes. Forward Sioux Falls 2011-2016 set a goal of adding 10,000 new jobs to our economy. With nearly 6,000 jobs added at the halfway point, we are on track to meet and even exceed that goal. The following graph indicates the percentage of workforce in each industry sector within the Sioux Falls Metropolitan Statistical Area: 81 PERCENT of the people choosing air transportation who live within a 60-mile radius of Sioux Falls are using the Sioux Falls Regional Airport ⊲⊲ Time. Keeping time is important to Cathy Clark, Regional Vice President, Wells Fargo. She flies FSD for her business travel. Business travel should be easy. And fast. That’s why the Sioux Falls Regional Airport made improvements with you in mind. From a business lounge to more parking, you’ll find that flying FSD is a sound decision. It’s about time you check us out. sfairport.com Informational TechTalk meetings with high school students and parents have been held throughout the area, providing information about great-paying careers in a variety of industries. Students (and parents) at those meetings can learn benefits, ask questions, get information and have a chance to receive Southeast Tech scholarships. More than 27 companies are on board in support of the initiative; learn more at www.techedworks.com. 3% 2% 5% TECH ED WORKS FOR ME Southeast Technical Institute and Forward Sioux Falls, with the support of area businesses, have partnered on an initiative — Tech Ed Works For Me — to address workforce needs in the targeted industries of construction, manufacturing and automotive/transportation and to elevate the image of technical education through multimedia. This initiative will position Tech Ed as a fast-track solution to a lucrative career and encourage area businesses to support tech ed graduates with employment and advancement opportunities. The airport serves as a first impression of Sioux Falls for many. What do we want them to know about the community and the opportunities here? Future goals include marketing Sioux Falls and the region at the airport. IT ’S ABOUT 3% 21% 5% 9% 13% 9% 12% 9% 9% NON-AG WAGE & SALARY EMPLOYMENT Education/Healthcare Services — 21% Financial Activities — 12% Leisure/Hospitality — 9% Professional/Business Services — 9% Wholesale Trade — 5% Transportation/Warehousing/Utilities — 3% Retail Trade — 13% Government — 9% Manufacturing — 9% Mining/Logging/Construction — 5% Other Services — 3% Information — 2% www.forwardsiouxfalls.com THANK YOU TO OUR INVESTORS THANK YOU TO OUR INVESTORS All organizations and individuals listed here have contributed to the Forward Sioux Falls 2011-2016 program. Thank you for your support in helping us move Sioux Falls forward. A & B Business Solutions AB Propane, Inc. Accord Commercial Team at HJN Advertising Arts, Inc. ADP (Automatic Data Processing, Inc.) ADwërks Agan Drywall Supply, Inc. Alan Amdahl Construction Co. Alliance Communication Co. AMERI/STAR Real Estate, Inc. American Electric Construction American Engineering Testing, Inc. Anesthesia Physicians, Ltd. Anesthesiology Associates, Inc. Anonymous Architectural Roofing & Sheetmetal, Inc. Architecture Incorporated Argus Leader Media Ron Arndt Assam Companies Associated Consulting Engineering, Inc. Augustana College Auto Body Specialties AvailAbility Employment Services Avera Health Avera Heart Hospital of South Dakota Avera McKennan Hospital & University Health Center AWE Financial LLC Insurance & Financial Services Ayres & Associates BabyTown-Kidstuff, Inc. Baete-Forseth HVAC Bank of the West Bankers Trust Company of South Dakota Banner Associates, Inc. Batcheller Investments, LLP Baumgartner’s Electric, Inc. Bell Incorporated Bender Commercial Real Estate Services Gerald Beninga Bierschbach Equipment & Supply Billion Automotive Bluestem Capital Company, LLC Bockorny Group, Inc. Boen & Associates, Inc. Bowden Productions, Inc. Boyce, Greenfield, Pashby & Welk, LLP Brandt Solomon & Anderson LLP Brown & Saenger Bruning Marketing & Promotions Builders Supply Co. Dakota King dba Burger King Burns Moving & Storage Butler Machinery Co. www.forwardsiouxfalls.com C.A. Rickert & Associates, Inc. Cadwell Sanford Deibert & Garry LLP Canfield Business Interiors CAPITAL Services, Inc. Carriernet Group Financial, Inc. CBM Managed Services Century Business Products, Inc. CenturyLink Children’s Care Hospital & School Children’s Dental Center Chip N Dale Coffee Co. CHR Solutions, Inc. Christoffels & Co. Cimarron Label Cisco Systems, Inc. Citi City Glass & Glazing, Inc. City of Harrisburg City of Sioux Falls Click Rain, Inc. Climate Systems, Inc. Clinic Pharmacies Inc. CNA Surety Coffee News of Sioux Falls Colorado Technical UniversitySioux Falls Commercial Audio & Video, LLC Commercial Interior Decor, Inc. Communication Service for the Deaf, Inc. Complete Real Estate Component Manufacturing/ Reaves Building Systems Confluence Connecting Point Computer Center Construction Products & Consultants CorTrust Bank CoSentry Costello Investments, LLC Crane & Fowler Investments, LLC The Creative Co-op Creative Surfaces, Inc. Cutler & Donahoe, LLP Dacotah Bank Dakota Allergy & Asthma Dakota Beverage Company, Inc. Dakota Corrugated Box Company Dakota Kitchen & Bath, Inc. Dakota Staffing, Inc. Dakota State University DAKOTACARE Davenport, Evans, Hurwitz & Smith, LLP Dean Foods/Land O’Lakes Design Tanks, LLC DGR Engineering The Diamond Room by Spektor Diesel Machinery, Inc. Ditch Witch of South Dakota, Inc. Dizco, Inc. DocuTAP Dorsey & Whitney Trust Company LLC Dougherty & Company LLC The Dunham Company Dana Dykhouse EarthBend East River Electric Power Cooperative, Inc. Edward Jones-Tom Loofe Egger Steel Co. Eide Bailly LLP Electric Construction Company Electric Supply Co., Inc. Elgethun Capital Management Elmen Foundation Empire Bowl Empire Mall/Empire East Employment Edge Staffing & Business Services Epicosity The Evangelical Lutheran Good Samaritan Society Evans Law, PC The Everist Company Face It TOGETHER Sioux Falls Farmers Insurance Group/ Karsky Agency Fiegen Construction Co. First Bank & Trust First Cash & Exchange First Dakota National Bank First Dakota Title The First National Bank in Sioux Falls First PREMIER Bank/ PREMIER Bankcard First Rate Excavate, Inc. Fischer, Rounds & Associates, Inc. Fiserv Fox Drywall & Plastering, Inc. Fresh Produce Inc. Friessen Construction Co., Inc. Frisbees, Inc. Frontier Bank Fuller & Williamson, LLP Gage Brothers Concrete Products, Inc. Garry Associates, LLP The Gas Stop George Boom Funeral Home & Cremation Services Geotek Engineering & Testing Services, Inc. Gil Haugan Construction Golden Rule Construction Co., Inc. Golden West Telecommunications Goldsmith Heck Engineers, Inc. Graber & Associates Graff Roofing, Inc. Graham Tire & Automotive Company Grand Falls Casino Resort Granite Accents Great Western Bank Greg Leonard Financial Services Hagen, Wilka & Archer, LLP Hancock Concrete Products, LLC Hander Inc. Plumbing & Heating Handy Man Home Remodeling Center Harms Oil Company Harold’s Photo Centers Hauge Associates, Inc. HD Supply Waterworks Ltd. HDR Engineering, Inc. Heartland Glass Co. Hegg Companies, Inc. Hegg Realtors HenkinSchultz Creative Services Henry Carlson Co. Herc-U-Lift, Inc. Hills of Rest Memorial Park & Mausoleum Hjellming Construction HJN Team Real Estate Holiday Inn City Centre Holmes Murphy & Associates Home Builders Association of the Sioux Empire (HBASE) Home Federal Bank Horner-Barrow Orthodontics, PC Howalt+McDowell Insurance, a Marsh & McLennan Agency LLC company Howe Heating & Plumbing, Inc. Howes Oil Company, Inc. Hy-Vee, Inc. Imagery Photography Larry Fuller dba Insight Builders, LLC Institutions Services, Inc. Intek, Cleaning & Restoration Interstate Office Products, Inc. J & L Harley-Davidson Jans Corporation JDS Industries, Inc. Jenesis Creative Marketing Jerry’s Auto Sales, Inc. John Morrell & Co. Midland, Inc. dba Johnstone Supply Karl’s TV, Audio & Appliances, Inc. Kaschmitter Appraisals, Inc. KDLT-TV (NBC) KELOLAND TV Key Staffing Kilian Community College Dan and Arlene Kirby Family Restricted Fund Kitchens & Windows Unlimited Klockers Mattress World KMWF & Associates, PC Koch Hazard Architects Kouri Insurance Agency Kreisers, Inc. Krier & Blain, Inc. KSFY Television KTTW TV-Fox 7 L.G. Everist, Inc. Lamfers & Maas, LLP Lamps & Shades Lighting Gallery, Inc. Landmark Aviation Lawrence & Schiller, Inc. Lewis Drug, Inc. Liberty National Bank Lift Pro Equipment Co., Inc. Lincoln County Lloyd Companies LodgeNet Interactive Corporation (formerly in business) Mark & Michelle Lounsbery Lynde Construction, Inc. Lynn, Jackson, Shultz & Lebrun, PC Maguire Iron, Inc. Mahlander’s, Inc. Malloy Electric, Bearing & Supply Malone Capital Management Inc. Mark Luke Construction, LLC Phillip Maslowe Maximizing Excellence, LLC May & Johnson, PC McDonalds Restaurants McGinnis and Company, PC McGladrey LLP McGowan Capital Group McKinneyOlson Insurance Media One Advertising/Marketing Meta Payment Systems MetaBank Michaels Fence & Supply Mickelson & Company MidAmerican Energy Company Midcontinent Communications Midwest Communications Midwest Provisions, Inc. Midwest Railcar Repair, Inc. Midwestern Mechanical, Inc. Millennium Recycling, Inc. Miller Funeral Home, Inc. Minerva, Inc. Minnehaha County Minnwest Bank MSH Architects (Miller Sellers Heroux) Murray Property Management, LLC Dr. Dennis Murschel Musivend, Inc. Muth Electric, Inc. Cory and Megan Myers Myrl & Roys Paving, Inc./ Ace Ready Mix, Inc. Results Radio-Townsquare Media RMB Associates, LLC Rogers Appraisal Service, Inc. Ron StaebellPrincipal Financial Group RSArchitects Runge Enterprises, Inc. NAI Sioux Falls Nelson & Nelson, CPA’s LLP Nelson Property Consultants Nemec & Associates New York Life Insurance Company Great Plains General Office Nordica Warehouses, Inc. Norman’s Men’s Wear North Central Heart Institute NorthWestern Energy Northwestern Mutual Financial Network Novak Sanitary Service Sammons Financial Group Sands Drywall, Inc. Sanford Applied Biosciences, L.L.C. Sanford Health Sayre Associates, Inc. Scheels All Sports, Inc. Schoeneman Brothers Company School Bus, Inc. Scott Gilbert Construction Company Scott Lumber & Supply Co.A Division of Lampert Yards, Inc. SDN Communications Security National Bank of South Dakota ServiceMaster Building & Commercial Maintenance SGT, Inc.-Stinger Ghaffarian Technologies, Inc. Shaykett Appraisal Co., Inc. Sheehan Mack Sales & Equipment Inc. Sheraton Sioux Falls Hotel Mark Shlanta Short-Elliott-Hendrickson, Inc. Showplace Wood Products, Inc. Sign A Rama (formerly in business) Silverstone Group Sioux Falls Area Community Foundation Sioux Falls Construction Company Sioux Falls Foot Surgeons O’Connell Law Office Prof LLC O’Connor Group Olympic Companies, Inc. OmegaQuant LLC Ophthalmology Ltd. Orbitcom, Inc. Orthopedic Institute Overhead Door Company of Sioux Falls, Inc. P & M Steel Co. Pankratz & Associates Paradigm Construction, LLC Parker Transfer & Storage, Inc. Parks Marina, Inc. Paulsen Marketing, Inc. Paystubz Pepsi Beverages Company Perspective, Inc. Peska Construction, Inc. Pfeiffer, Hofer, Humpal P.C. pharmaCline Pinnacle Hospitality Pizza Ranch on 41st Street Plains Commerce Bank PODS (Portable on Demand Storage) Poet Pride Neon, Inc. Principal Financial Group Qualified Presort Service, LLC R & L Supply, Ltd. Ramkota Companies RAS Raven Industries, Inc. RE/MAX Professionals, Inc. Reliabank Dakota ReliaMax Insurance Company Republic National Distributing Company Sioux Falls Ford, Inc. Sioux Falls Regional Airport Authority Sioux Falls School District 49-5 Sioux Falls Specialty Hospital Sioux Falls Synergy Sioux Valley Energy Siouxland Oral & Maxillofacial Surgery Sisson Printing, Inc. Skinner Financial Services Soukup Construction, Inc. South Dakota Innovation Partners, LLC South Dakota Public Universities & Research Center (University Center) South Dakota State University & the SDSU Foundation South Dakota Trust Company Southeast Technical Institute Southeastern Electric Cooperative, Inc. Spherion Staffing & Recruitment Services Stan Houston Equipment Co., Inc. StarMark Cabinetry State Farm Insurance-Aaron Smith State Farm Insurance-Jason Ahrendt State Farm InsurancePriebe Insurance Agency, Inc. Stockwell Engineers, Inc. Sturdevant’s Auto Parts Sun Enterprises, Inc. Surgical Management Professionals, LLC Sweetman Construction Co./ Concrete Materials Swenson Investments & Commodities Swift Contractors, Inc. Syverson Tile & Stone, Inc. Tallgrass Wealth Management TCF Bank Robert TeKolste Tessier’s, Inc. Bob and Joan Thimjon Thompson Electric Company Thornton Flooring Thurman & Thurman Thurman, Comes, Foley & Co., LLP Traditions (formerly in business) Trane Trio Tel Communications, Inc. Tri-State Wholesale Flooring, Inc. TSP, Inc. U.S. Bank UBS Financial Services, Inc. University of Sioux Falls Van Buskirk Companies Variety Foods, LLC Vern Eide Motorcars Vision Video, Inc. Virtuoso, Inc. Waddell & Reed, Inc. Washington Pavilion Waterbury Heating & Cooling, Inc. Wayne & Mary’s Nutrition Center Wellmark Blue Cross and Blue Shield of South Dakota Wells Fargo Advisors, LLC Wells Fargo Bank Wells Fargo Educational Financial Services Wells Fargo Financial Card Services Wells Fargo Home Mortgage Williams Insurance Agency, Inc Williamson Management Group, Inc. Brian T. Wiswall, DDS PC Wollman Insurance Group Woods, Fuller, Shultz & Smith P.C. Workplace Technology Center, Inc. WOW! Xcel Energy X-Freight/X-Linx, Inc./X-Trux, Inc. www.forwardsiouxfalls.com www.forwardsiouxfalls.com