Box 236
Bristow Ranch/Highway 18
Mission.South Dakota
605 856-5090
605 856-5105 (FAX)
Brief History
REDCO was creted in 1999 by the Rosebud Sioux Tribe to provide a politically neutral economic development entity that is insulated from Tribal politics in order to create job opportunities and to improve the economic and social welfare of Tribal members. REDCO has set the stage for development by fostering business incubation and giving technical assitance to the the Rosebud Sioux Tribe and Tribal entrepreneurs, by generating systems management for development, and by updating the Tribe's Comprehensive Strategic Plan.
REDCO was orginally funded by a U.S. Department of HUD RHED contract written by the Rosebud Sioux Tribe's Resource Development Office. This grant was successfully completed.
In 2007, REDCO successfully, purchased and launched it's first business ventures. REDCO also assisted a Tribal Community - Spring Creek Community in launching a small "C" store - both of these ventures were made possible through loans with the Native American Bank, Denver, Colorado
In essance, these two ventures has created a total of 12 new jobs.
FUTURE
REDCO is in the process of launching a propane business to work in conjunction with Sicangu Auto Service anticipated opening date is July, 2008 This will create a projected 6 more new jobs.
REDCO is finishing up on the construction of a new 10,000 square foot building, which will house the new Rosebud Electronic Integration project. This was possible by a grant from the Economic Development Administration for 1.1 million and a loan from the Native American Bank. Total cost 2.2 million.
REDCO is beginning the work of a construction of Turtle Creek Crossing Grocery Store and is 23,000 square feet - when completed will create 72-75 new jobs.
On the horizon is a water bottling plant that will house our own "Lakota Water".