About the LAIC
The Lake Area Improvement Corporation (LAIC), incorporated in 1975, is a nonprofit economic development organization dedicated to the growth and prosperity of Madison and the communities that reside within Lake County, South Dakota.
Economic development provides opportunities to expand and relocate companies into the greater Madison area. The LAIC strives to create an economic atmosphere for both local and regional businesses.
The LAIC is a one-stop resource for businesses seeking to grow in Lake County. The LAIC will provide workforce, building, land and tax information that will satisfy the economic needs of growing companies. Lake County is fueled by a diversified, technology-driven economy. The economic development office has positioned itself to achieve sustained economic prosperity.
The region provides a wide range of recreational venues including four independent lakes, two state parks, a strong art and historical presence and an incredible quality of life.
The economic development office represents the Lake County communities of Madison, Chester, Franklin, Junius, Nunda, Orland, Ramona, Rutland and Wentworth.
If you are interested in growing your company, look to the Lake Area Improvement Corporation. Discover the Unexpected in Madison and Lake County.
Mission Statement
To enhance the quality of life for all citizens of the Lake County area and to facilitate the development and retention of quality jobs that are environmentally and economically compatible for Lake County. The LAIC, in cooperation with other organizations, initiates and develops leadership, markets the area to both prospective new business and residents, fosters and manages change, and nurtures a positive, cooperative and progressive attitude.
2013 Board of Directors
| President | Floyd Rummel | Great Western Bank |
| President-Elect | Jeff Bloom | Lake County International |
| Vice President | Paul Schultz | Farmers & Merchants Co-op |
| Secretary/Treasurer | DeLon Mork | Dairy Queen |
| Past President | Mark Stoller | Madison Farmers Elevator |
| Linda Salmonson | East River Electric Power Coop | |
| Mike Malone | Heartland Consumers Power District | |
| Dustin Williams | Manitou Group | |
| Dr. Mike Brooke | Eyecare Center of Madison | |
| Dr. David Borofsky | Dakota State University | |
| Scott Delzer | City of Madison Commissioner | |
| Scott Pedersen | Lake County Commissioner |
In accordance with Federal law and U.S. Department of Agriculture policy, this institution is prohibited from discriminating on the basis of race, color, national origin, age, disability, religion, sex, and familial status. (Not all prohibited bases apply to all programs).

To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 720-5964 (TDD).
This institution is an equal opportunity provider, and employer.
