The purpose of the Value Added Sub Fund (VASF) is to make loans for agricultural development, feasibility studies, or marketing studies for new innovative agricultural development projects. The program assists with financing feasibility or business studies that will encourage or enhance agricultural development. Use of funds: feasibility or business studies for ag development technology. Terms: 0% interest; flexible repayment.
Eligibility
New innovative agricultural development projects seeking financing for agricultural development, feasibility studies, or marketing studies.
Application Instructions
Complete the VASF Application (PDF, available from SDGOED). Contact the South Dakota Governor's Office of Economic Development.
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Updated September 4, 2026
Image Credit: Roger Starnes Sr
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