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Black Hills Vision (BHV) is a regional economic development organization committed to advancing the region's quality of life and creating an economic development "opportunity environment."
BHV was conceived by three local and regional community groups: Black Hills Community Economic Development Inc., the Rapid City Area Chamber of Commerce and the Rapid City Area Economic Development Partnership. It was incorporated as a non-profit organization in 2004.
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Three years into its campaign to build a regional "brand" the Black Hills Air Service Task Force (ASTF) has helped increase passenger traffic by 38% at Rapid City Regional Airport and continues work to foster new airline service, as well as support incumbent air carriers.
"For the first time, we began marketing the entire Black Hills as a destination for air travelers," says ASTF Co-Chair Katherine Kinsman. "Obviously, that cooperative, long-term effort is paying off for the Black Hills in terms of increased passenger traffic and new airline service."
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When the US Department of Defense placed Ellsworth Air Force Base on its closure list, area communities reacted by initiating activities to provide information about the economic impact of the base. Concurrently, the South Dakota Department of Labor (DOL) was given the task of developing a strategy to respond to the final BRAC (Base Realignment And Closure Commission) 2005 recommendations/decisions. As part of the Department's tasking, Black Hills Vision researched, assessed and analyzed the economic impact of a potential EAFB closure on the local communities and region. Its findings reinforced the fact that EAFB is one of South Dakota's largest employers.
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Black Hills Vision is fully engaged in supporting the development of jobs throughout our Black Hills region. This is a worthy challenge, however, an often overlooked consequence of new jobs is the need for affordable housing. Housing prices have increased significantly more than commensurate increases in average wages and this anomaly is likely to continue.
To compliment job growth, area banks are working to establish an organization that will partner with local non-profits and governmental agencies to increase funding sources and provide expertise for developing affordable housing within the Black Hills.
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In 1994 local economic development groups began working on plans and looking for money to build a business incubator to foster manufacturing and technology firms. Construction began ten years later and the building, named the Black Hills Business Development Center, was completed in the summer of 2006. A modernistic 40,000 square-foot building on the South Dakota School of Mines and Technology campus, was designed to be divided and adapted to the needs of the companies that set up shop in the incubator. The idea is to offer entrepreneurs three things they can't find by starting up on their own: expert help in areas such as business planning and accounting; use of office facilities and equipment; and the interaction with other entrepreneurs who are trying to solve the same problems.
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Black Hills Technology Corridor will foster as many as 1,000 research and development firms. The group will hire Batelle to support our technology corridor efforts. Batelle specializes in research, development and technology development.
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