Economic Development in Mitchell County Kansas and the Solomon Valley

Economic Development
...throughout Mitchell County & the Solomon Valley

Solomon Valley Economic Development (SVED), Beloit and Mitchell County, Kansas, provides free-of-charge consultation and assistance any size of business in our community.

Our Mission
Facilitate future growth by collaborating to build vibrant communities and celebrate success.

For over 60 years, Solomon Valley Economic Development, Mitchell County, Kansas has been benefiting our citizens and communities. We...

SUPPORT start-up, expanding or relocating businesses within Mitchell County
PROVIDE resources and solutions to help your business start or expand
PROMOTE economic development through local, regional, state and federal partnerships.
ENSURE building and continued business growth for the benefit of our local communities

* All work associated with SVED projects is handled confidentially.

Learn More:

PictureSolomon Valley Economic Development, Mitchell County, Kansas.

We provide:

Business Recruitment and Expansion
Education & Workforce Training Opportunities
Incentives to Businesses
Infrastructure Creation and Improvements
Land and Building Purchases
Quality of Life Assistance –
Housing, Community Development, etc.
Relocation Services
Services for Existing Businesses

If you would like to start, expand or relocate a business within Mitchell County we have programs to assist you in finding the funding that you need for your project. We have partnerships with financial institutions, organizations and foundations that can work with you to make the process of raising the necessary funds as stress-free as possible.

Learn More About Membership

$100 First Year, $25 Additional Years

Solomon Valley Economic Development has been advancing the prosperity of the area for over sixty years. The good works of our founders have laid the ground work for our solid standing. We are proud to contribute towards a greater impact by developing over $100 million in capital investments throughout the Solomon Valley. As we look towards the future, will you join us to help guide and inspire the growth of the Solomon Valley?

Solomon Valley Economic Development meets the 3rd Thursday of every month at 12:30pm in the North Central Regional Planning Commission basement at 109 N Mill St, Beloit. A Zoom link is also available. Please reach out to Emily Benedick for the month’s agenda and zoom information! All members are welcome to join us every month!

Download SVED Membership Brochure (PDF)

History of Solomon Valley Economic Development

In 1959, BID (Beloit Industrial Development), later known as Solomon Valley Economic Development (SVED), was established by a number of community minded individuals with a vision of advancement of the surrounding areas. In 1959, SVED had 100 original shareholders that each contributed $100. That original $100 would be equivalent to $900 now in 2019.

There is no greater testimony to the spirit of Beloit and the region than the individuals and businesses who stepped forward at the beginning to purchase shares of stock in Beloit Industrial Development Corporations, Inc. With no prospect of profit, their investment was made for the purpose of enhancing and expanding the economy and quality of life in this area. Their support and confidence will always be appreciated and that spirit continues to inspire the organization and the area.

SVED has been instrumental in helping the development of many ideas and projects which have benefited the area. SVED has been a good partner with other organizations in the community, which are important in meeting community development, such as Mitchell County Community Development, Leadership Mitchell County, Mitchell County Convention and Tourism, and Mitchell County Historical Society and many private ventures.