The South Dakota Legislative Appropriations committee met in Pierre earlier this week. Representative Hugh Bartels of Watertown, who serves on that committee, said members heard that efforts are moving forward to help local businesses take advantage of federal dollars available. However, they were told that minor errors are causing some glitches in getting the money out to South Dakota businesses.
He says that applications are still being accepted and that 160 million dollars could still be appropriated to businesses before the end of the year.
He says the dollars can be used for anything deemed necessary by a business from purchasing equipment to providing back pay to employees. The dollars are considered a grant, although subject to an audit. Applications are confidential unless you receive a grant, wherein the name of your business will be published.
The dollars are expected to start arriving at South Dakota businesses around December first with most the dollars appropriated and sent out by December tenth.