Skip to content

Lake Area Improvement Corporation


Non-Profit Organizations

About Us

The Lake Area Improvement Corporation (LAIC) 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. For more information please visit
Economic Development.
The Madison Development Corporation was established July 25, 1963. The name was later changed to Lake Area Improvement Corporation to better reflect the dedication to the prosperity and growth of Madison and the surrounding communities.