The Governor's Office of Economic Development (GOED) works to expand primary job opportunities for all South Dakotans. GOED strives to retain and expand existing businesses, foster new businesses, facilitate business succession and recruit out-of-state businesses. Recruitment efforts are focused on the following targeted industries - Bioscience, Cybersecurity, Manufacturing, Precision Ag, Livestock Development, and Value-Added Ag. The office works closely with community economic development corporations to expand and diversify the state's industry and economy. Additionally, the GOED administers a variety of financing opportunities available to new and existing businesses.