Johnson will increase the prize pool and significantly expand the event’s marketing to attract more participants and spark greater entrepreneurial interest across the state.
Increase the Giant Vision Business Plan Competition prize pool and expand marketing to attract more participants.
Occurrences
Evidence
Under the Launch South Dakota section, Johnson says he will increase the Giant Vision Business Plan Competition prize pool and significantly expand the event's marketing to attract more participants.
The official competition overview says the first-place Business Competition prize is $20,000 and that prize money is raised from private sponsors with partial matching funds from the Governor's Office of Economic Development.
The official sponsor page lists business competition prize money at $20,000, $10,000, $5,000, $3,000, $2,000, and $1,000, and says the program is funded by corporate sponsorships with partial matching funds from Governor Rhoden's Office of Economic Development.
The 2025 winners page reports the first-place open-competition prize was $20,000 and notes a special marketing package for the winner, indicating the competition's prize level remained at $20,000 in 2025.
Assessments
The promise required both an increased Giant Vision Business Plan Competition prize pool and expanded marketing. The cited campaign material establishes the commitment, while the official 2025 winners page and current competition/sponsor pages still list the same $20,000 first-place prize and unchanged prize schedule. The record provided does not show an enacted increase in the prize pool or documented expanded marketing, nor does it show a serious legislative or executive attempt that failed.