FROM THE CHAIR by Cheryl Chapman

On behalf of the entire Board, I want to extend thanks and congratulations on a job well done to our Past Chair Linda Salmonson. With her leadership South Dakota Rural Enterprise and its sister corporation, Dakotas America, have thrived.

It is my privilege to serve as the 2008 Chair of the Board. Each member of our Board brings a unique perspective on economic development in our state, based on his or her experiences in the private and public sectors. When we meet, our ideas are focused like a laser on the challenge of supporting communities who wish to build their economic vitality.

We are all about growing community opportunity for those who seek it. After deliberations over the last several months, we agree our capital must come with capacity building. Money alone isn’t the answer to turn the tide in waning rural economies. Rebuilding comes the old-fashioned way, through hard work and commitment to a bright future.

How do you create a culture which inspires entrepreneurs? How do you support small businesses who want to grow? How do you build a 21st century rural community which attracts young talent? For those communities who want to make a difference, South Dakota Rural Enterprise has the tools to help build leadership capacity and the funds available to provide capital resources for growing community opportunity.

I am reminded of Margaret Mead’s famous quote, “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” There are many dedicated South Dakotans committed to building on their strengths to continue to improve the quality of life for their communities. South Dakota Rural Enterprise stands ready to help support those endeavors.

ANNUAL REPORT
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	What it takes to change the world
	Collaboration is the touchstone for progress
	Taking prosperity into our own hands
	SDCCF aids Pierre man in business ownership
	What is community capacity?
	Collaboration produces results in Chamberlain-Oacoma area
	Staff changes at Rural Enterprise
	2007 Financial Report