The Sioux Falls area has made some significant progress in becoming more of a destination of choice for firms and individuals. Sioux Falls is consistently ranked by Forbes and Inc. magazines as one of the nation’s best cities for business. At the same time, there is a clear need to fully assess Sioux Falls’ opportunities and challenges, and funnel the community’s energy into a process that will focus on creating a holistic strategy for the future.

As part of a comprehensive effort to continue to expand our competitiveness and livability for businesses and individuals, Forward Sioux Falls, City of Sioux Falls, Minnehaha and Lincoln counties, the Sioux Falls Area Community Foundation and the Sioux Empire United Way have begun a process to enhance economic development activities and programs in the Sioux Falls area.

As part of this process, these local partners have retained Market Street Services, a national economic and workforce development consulting firm based in Atlanta, Georgia to facilitate the creation of a new economic strategy for our community. At the end of this months-long effort, the Sioux Falls area will have an achievable roadmap to guide our community’s path to short- and long-term growth.

The key components of this project include:

- Competitive Assessment
- Community Input Process
- Target Business Analysis
- Marketing Review
- Economic Development Strategy
- Implementation Plan