The Plan
Building a stronger Black Hills Economy
Governor Mike Rounds announced his new 2010 Initiative in
the shadow of Mount Rushmore. He outlined plans for making
South Dakota's quality of life the best in the United States
by 2010. Governor Rounds described the people of South Dakota
as "mountain carvers" - a special breed of Americans
who set long-range goals and work on them until the project
is successful. They begin huge projects that take years to
complete and require patients, hard work, and determination.
In the tradition of the "mountain carvers" mentioned
by Governor Rounds, the people of the Black Hills are"rolling
up their sleeves" to leave another legacy for their children
and grandchildren. The legacy that today's "mountain
carvers" will leave to future generations is economic
prosperity. It means that young people growing up in South
Dakota with a strong work ethic and pride their communities
will be able to find good jobs provided by good employees
who pay good wages.
The builders of the new economy for the Black Hills have
a plan. It is called "Black Hills Vision" and it
is the first regional effort at creating a planned and coordinated
approach to economic development for the region. Key leaders
with the Black Hills Community Economic Development Corporation,
the Rapid City Area Chamber of Commerce, and the Rapid City
Economic Development Partnership pooled their resources and
combined several major capital fundraising projects under
one capital campaign.
The Objectives - Black Hills Vision I
Black Hills Vision was a major campaign initiative designed
to raise $3,000,000 over a four-year period through cash,
pledges, letters of intent, or in-kind gifts. At the end of
the four-year cycle, investors were approached to evaluate
progress based on the measurable objectives. The objectives
of the campaign were met.
All solicitations were personalized and made face-to-face.
All investors were recognized at the annual meetings of the
three organizations and at least once in a full page ad in
the Rapid City Journal.
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|
Black
Hills Vision |
|
Marketing the Black Hills and promotion
of the National Underground Science Lab |
$1,150,000 |
|
Ellsworth Air Force Base |
$300,000 |
|
Air Service Task Force/New Market Initiatives |
$500,000 |
|
Business Accelerator/Incubator |
$500,000 |
|
Affordable Housing |
$300,000 |
|
Black
Hills Vision Administration |
$250,000 |
| |
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|
Total |
$3,000,000 |
*The state of South Dakota
is being asked to match private sector dollars to ensure the
success of this program.
**As of July 30, 2005
The Objectives - Black Hills Vision II
Black Hills Vision II was initiated in 2011 as a result of
feedback from 11 town meetings held in the fall of 2009. The
second campaign is designed to raise #2,000,000 over a five
year period and will become a regional partnership of government,
universities and private sector investors.
Promote the Vision
$850,000 |
New Opportunities Fund
$1,150,000 |
- Maintain a Regional Vision
- Market the Black Hills Economy
- Lobby for Economic Development
- Administration
|
Regional Financial Investment
for capturing new opportunities and meeting new challenges
the Black Hills region may face over the next 5 years.
Opportunities and challenges may include,
but not limited to:
- Sanford Underground Research Facility (SURF) and
the Black Hills Technology Corridor Roadmap
• Ellsworth - Future Activity
• Transportation Opportunities - Black Hills
Air Service Partnership
• Regional Infrastructure - Port-to-Plains
Alliance
• Center for Theoretical Underground Physics
(CETUP) and Black Hills Knowledge Network
• Leveraging regional assets such as South
Dakota School of Mines & Technology, Black Hills
State University, Natural Resources, Energy Development,
etc.
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Black Hills Vision - Objectives
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