Startup Sioux Falls to benefit from pilot program; funding to help new and small businesses

By Andrew Weeks

SIOUX FALLS, S.D. • Startup Sioux Falls, which helps businesses get off the ground, will benefit from a new pilot program by the administration of President Joe Biden and the Small Business Administration.

The Community Navigator Pilot Program is an American Rescue Plan initiative that helps small businesses better access critical support during the COVID-19 pandemic.

The Biden administration announced this fall that the pilot program would provide $100 million in funding to 51 organizations across the country. One of those critical support networks selected for funding in South Dakota is Startup Sioux Falls, which will receive up to $1 million.

Brienne Maner, executive director of Startup Sioux Falls, told Prairie Business that the money will be provided over a two-year period and will come in the form of reimbursements instead of any lump sum.

That’s OK, Maner said. The organization, which started in 2004 and would like to expand its ability to help area startups and small businesses, is appreciative and excited for the opportunities the money will provide.

Maner said the money will help the organization increase its capacity to serve area entrepreneurs and small businesses, including focusing efforts in the areas of diversity and inclusion by supporting previously underserved communities across the state.

“Since March 2020, small businesses across the nation, including here in South Dakota, have experienced economic distress because of the pandemic,” SBA South Dakota District Director Jaime Wood said in a statement. “Through it all, Startup Sioux Falls has been a lifeline of support for numerous small business stakeholders from a variety of backgrounds.

“Up to $1 million in funding will increase the capacity of Startup Sioux Falls to connect more SBA assistance to the businesses hit hardest – minorities, women, veterans, and those in rural areas.”

In total, 700 applications were received nationwide.

Maner said there is a lot of work yet to do in the city, state, and country, “but I have no doubt the Community Navigators Pilot Program will move the needle toward a more robust and equitable startup ecosystem, creating a more prosperous future for generations to come.”