Dana Dykhouse presenting at the 2016 MACE Annual Conference

2. 2011 2105 +/-
Job Growth 136,000 150,300 14,300+
Sales Tax Revenue 98 million 116 million 18.6
Unemployment Rate 4.3% 2.6%
Single Family Home
Building Permits 347 663
Budget – Balanced!
Debt Load – Low!
•Improved Infrastructure – Streets
•New Events Center
•Indoor Aquatic Center
•Private/Public Partnerships – Hockey Center, Tennis Center, Other
Economic Outlook

5. Leadership
And
Mentors

6. $ in Millions Investors
1987 – 1991 FSF1 $1.9 283
1992 – 1996 FSF2 $2.2 354
1997 – 2001 FSF3 $4.2 446
2002 – 2006 FSF4 $6.4 412
2006 – 2011 FSF5 $10.5 391
2011 – 2016 FSF6 $12.2 421
2021 FSF $15 500

7. Get the Community Going!
Attract Business!
Focus of Investment
Education Opportunities
Productive Business Government Climate
Technology Development/Enhancement
Affordable Housing
Workforce Development
Cultural Opportunities
Quality of Life
“Stay Close – Go Far”
Air Service
Young Professional Network

8. 2021 – Momentum
Workforce – Workforce – Workforce!!
Foundation Park
USD Discovery District

9. Lessons from 7 FSF Campaigns
Vision
Passion
Strategic Plan

11. • Sioux Falls Metro – 2982
• South Dakota – 13,737
Current Job Openings:

12. Purpose:
Build Dakota was created to
Address a skilled workforce
shortage in SD.

13. • Many Studies – Take Action!
• One Piece of the Pie
• Provide “Full Ride” Scholarships for
Critical Need Vocational Training
Concept:

14. • $25 Million Denny Sanford
(Chairman of the Board, United
National Corporation)
• $25 Million South Dakota Future Fund
(Gov. Dennis Daugaard-Economic Development Funds)
Structure:

15. PARTNERSHIPS
Structure:

16. • Board of Directors
Dana Dykhouse, Chair – CEO, First PREMIER Bank-Sioux Falls, SD
Diana VanderWoude, Vice Chair – VP of Academic Affairs, Sanford Health
Wayne Baumberger – Engineering Manager, Caterpillar-Rapid City, SD
Greg Carmon – Owner, Midwest Railcar Repair, Inc.-Brandon, SD
Mark Leddy – CEO, Valley Queen Cheese Factory-Mitchell, SD
Terry Sabers – VP of Finance, Muth Electric-Mitchell, SD
Deb Shephard – Retired President, Lake Area Technical Institute
• Governor’s Office Staff
Tony Venhuizen, Chief of Staff
Lisa Clark, Policy Advisor
Tiffany Sanderson, Director of Career and Technical Education
Keley Smith-Keller, Ed.D, Assistant Director, Postsecondary Education
Deni Amundson, Program Manager, Build South Dakota
Structure:

17. • 3 Months from Idea to Action
Kick-Off Publicity:

18. • Address workforce shortage.
• Changing hundreds of lives by offering
full-ride scholarships.
• Bringing new attention to the high-quality
of education offered at South Dakota
Technical institutes.
Impact:

19. • Critical Areas of Critical Need
– Awarded to students entering
high-need workforce programs at
South Dakota’s technical institutes.
Concept:

20. 2016-2017 High Need Fields of Study
• Agriculture- Large Animal (LATI only)
• Automotive/Diesel
• Building Trades/Construction
• Energy Technicians
• Engineering Technicians
• IT/Computer Information Systems
• Medical Laboratory Technicians
• Practical Nursing (Select Programs)
• Precision Manufacturing
• Surgical Technicians
• Welding

21.  $5 – $10 Million Per Year
 Governed by Capacity of Schools
 Community Foundation
Structure:

22. • Commitment by student to live and work
in South Dakota 3 years after graduation.
• First five years, a projected 300 scholarships
will be awarded annually. Endowment will
support approximately 50 full-ride
scholarships after five years.
Concept:

23. During Enrollment
•Students must be enrolled in their program full-time.
•Students must complete the program in the expected time.
•Students must maintain at least a 2.5 cumulative grade point
average (GPA) throughout enrollment in the program.
•Students must follow the technical institute’s behavioral conduct policies.
After Graduation
•Must work full time, in South Dakota, for 36 months following graduation.
•They have up to 6 months following graduation to secure employment.
•The 36 months begins when they have started their job.
What are the terms of the Build Dakota contract

24. • 60 + partnerships with
businesses across South Dakota
Industry Partnership:

25. South Dakota businesses partner with
Build Dakota and the SD technical institutes
to provide additional scholarship funds or
support high-need programs.
•The business gains a skilled employee.
•Build Dakota and employer funds are maximized
to support more students.
•The growth of these partnerships will minimize the shortage
of skilled workers.
•Potential free advertising on Build Dakota website.
•Each technical institute has different program.
•Not “one size fits all” because businesses have different needs.
Industry Partnership:

26. • Frisbee Example
Industry Partnership:

27. 1st
Year Stats – Critical Need Trades
# Applications 1,090
# Scholarships 300
# Instate 256
# Out of State 44
Impact: 2015-2016

28. # Applications 1,400 +
Impact: 2016-2017

29. BuildDakotaScholarships.com
ForwardSiouxFalls.com

30. Remember: Never, never be afraid to
try something new.
Amateurs built the ark.
Professionals built the Titanic.