With school in session now, it's a great time to reflect on the vital role schools play in our communities and in economic development.
In a dynamic area like ours, school districts are continually evolving. That means building new schools, new educational resources and new programming to meet the demand of a changing population. School construction activity equates to jobs, capital investment and a significant impact on our local economy, from construction materials to local retail sales.
School construction also drives housing starts, as developers and homebuyers want to create neighborhoods close to new school buildings. Those new schools—and the rooftops near them—attract young families to our communities, as parents are always on the lookout for the best in educational facilities and opportunities for their children. Families shop in local stores and participate in their hometown activities. As new students fill our schools, their parents may become new employees for our region's growing businesses.
Our schools are also helping to create a trained, motivated pool of future talent for the companies in our counties. Local schools provide opportunities in career exploration for our students, which translate into career training and preparation at the post-secondary level. Our educational leaders are an integral part of the economic development effort, often working with local industries to provide real-world connections that link modern education with the importance of preparing for a meaningful career.
Schools help drive our economic success in many ways. Expanding businesses always ask about the quality of our school systems, understanding that their employees will care deeply about that issue. We can be proud of our growing schools in Lincoln and Minnehaha Counties, and proud of what they do to build our communities.
By Nick Fosheim, Executive Director, Lincoln and Minnehaha County Economic Development Associations
There is better training for our workforce in Sioux Falls. A multitude of options are available to meet businesses' needs at the postsecondary level including city programs, state grants, technical training, and a new $50 million scholarship program for technical school students.Read More