Elevating The Economy For All.

Chamber // Development // Innovation

Celebrating Businesses

Join us at the 2026 Elevate Business Awards!

You Belong Here.

Have your business join today! Unlock opportunities to grow your business by having a seat at the table.

THE CHAMBER // DEVELOPMENT // INNOVATION

GROW YOUR BUSINESS HERE

Elevate Rapid City was formed in 2019 as a merger of the Rapid City Chamber of Commerce, Economic Development Partnership, and Economic Development Foundation (Ascent Innovation).

As the premier western South Dakota economic development organization, Elevate is committed to promoting business and personal advancement through a targeted spotlight on jobs, infrastructure, and overall quality of life in and around the Black Hills region and the Rapid City metro area. 

Together, we strive to embrace the heart and soul of our community through diversified growth and strong professional opportunities advocating the strengths of the Black Hills.

GROW YOUR BUSINESS HERE

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Latest News

The latest business news and Rapid City stories.
All News
Thursday, April 30, 2026

Phoenix Weaponry Relocates to Rapid City

Phoenix Weaponry relocates to Rapid City South Dakota, bringing a $4M investment and 25 jobs, strengthening advanced manufacturing and workforce growth in the region.

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Friday, April 24, 2026

Ribbon Cutting: Fifth Park Place Apartments

Elevate Rapid City joined Fifth Park Place, LLC to celebrate the completion of a new mixed-use development at 4908 5th Street.

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Wednesday, April 22, 2026

Ribbon Cutting: Meadow Ridge Pet Lodge Grand Opening

As a premium, all-in-one pet care destination, Meadow Ridge offers daycare, boarding for both dogs and cats, and training services designed to give pets a comfortable, enriching experience.

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Rapid City Rankings

There are countless reasons we could answer "Why Rapid City?" But there's something extra special about when others realize how great a community is. Most recently, Rapid City was named on Livability’s Top 100 Best Places to Live list. Rapid City continues to get recognized as a great community alongside South Dakota's statewide rankings. Check out all of our latest rankings and accolades.

Click here to view the list

Rapid City Rankings

What We've Accomplished

When Elevate Rapid City was formed in 2018, we promised to deliver results to the Rapid City Region. We met our goals in our first five years. Now, we're chasing after even more. These are the goals we will achieve by 2027. You can see all our work and progress in our annual reports.

5,031
GOAL: CREATE 5,000 JOBS

January 2023: 74,169 / December 2024: 79,200

$20.2B
$51B in Gross Sales 2023-2027

January 2023 - December 2024: $20.17B

14.75%
INCREASE INCOMES BY 15%

January 2023: $858/ December 2024: $1037

$861M
REACH $2B IN ANNUAL CAPITAL INVESTMENT

January 2023 - December 2024: $861 Million

65.4%
LABOR FORCE PARTICIATION RATE GREATER THAN THE NATIONAL AVERAGE

National Average: 62.59%

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