Northeast South Dakota Economic Corp
Sisseton, SD Doing business as Nesdec
- UEI
- YR2KCN9TXZQ4
- CAGE
- 42BR9
- Primary NAICS
- 813319 Other Social Advocacy Organizations
- SAM.gov registration
- Active through
Company facts
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Tax Exempt)
- SAM.gov registration date
- Physical address
- 104 Ash St E, Sisseton, SD 57262, USA
- Website
- growsd.org
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Consumer Discretionary
- Consumer Services
- Diversified Consumer Services
- Specialized Consumer Services
- SIC code
- 86 Membership Organizations
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Grant awards
Latest 5 listed here. See the rest on GovTribe.
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About the company
Northeast South Dakota Economic Corp, operating as Nesdec, is a tax-exempt non-profit organization headquartered in Sisseton, South Dakota, that has established itself as a critical economic development intermediary in rural South Dakota. Since its registration with the federal government in 2005, Nesdec has focused on supporting small business development and entrepreneurship in underserved rural communities through federal grant funding. The organization serves as a prime grantee for federal awards designed to expand access to capital and business support services for small business owners, particularly those from disadvantaged backgrounds including women, minorities, and low-income individuals.
Nesdec's federal grant portfolio demonstrates a consistent track record of delivering comprehensive small business lending and economic development services across multiple federal programs and funding agencies. The organization has been a recurring recipient of Small Business Administration Microloan Program grants (CFDA 59.046) through the Office of Capital Access, receiving annual awards ranging from $130,000 to $165,217 to provide microloans up to $50,000 for working capital, inventory, equipment, and other business needs, coupled with mandatory technical assistance and business training. Additionally, Nesdec has received Rural Business Development Grants (CFDA 10.351) from the U.S. Department of Agriculture's Rural Business Cooperative Services, including awards of $200,000 and $179,520, to deliver a broader suite of economic development services such as business counseling, market research, workforce development, feasibility studies, and business incubator support. The organization has also served as a Community Development Financial Institution through a significant $1.8 million award from the U.S. Department of Treasury's Community Development Financial Institutions Fund Rapid Response Program, which supported pandemic-related lending and economic development activities. Through these various grant programs, Nesdec has accumulated over $4.5 million in total federal funding and has consistently maintained the capacity to administer complex federal grant agreements while delivering direct lending products and technical assistance services to rural small businesses and entrepreneurs across South Dakota.
Quick answers
Is Northeast South Dakota Economic Corp registered in SAM.gov?
Yes. Northeast South Dakota Economic Corp's SAM.gov registration is active through April 9, 2027.
What is Northeast South Dakota Economic Corp's most recent federal award?
Northeast South Dakota Economic Corp's most recent federal grant award is SEC. 6022 rmap-rural micro develop organizations grants (disc) (CLSS00000117387), from Rural Business Cooperative Services (RHS), on September 24, 2025.
On GovTribe
See Northeast South Dakota Economic Corp's full federal record
- Federal grant awards
- Funding analysis by agency, NAICS and set-aside
- Similar vendors