Areas Served: Statewide North Dakota The PACE Fund assists North Dakota communities to expand their economic base by providing for new job development. This program has two major elements: (1) participation by BND with a local lender in a community based loan, and (2) participation by the PACE Fund with the local community in reducing
Read MoreAreas Served: Stuttsman County The City of Jamestown and Stutsman County, North Dakota have a combined Economic Development Fund which is a multimillion-dollar economic development program available to assist with expanding or relocating business. As part of financial packages, the Jamestown Stutsman Development Corporation (JSDC) makes direct loans, equity investments, and interest buy-downs to businesses.
Read MoreAreas Served: Statewide North Dakota The Beginning Entrepreneur Loan Guarantee Program is offered through the Bank of North Dakota for North Dakota residents, who have graduated from high school or received a general equivalency certificate, and have some training by education or experience in that type of revenue producing enterprise. The applicant(s) must have a
Read MoreAreas Served: City of Mandan The Mandan Growth Fund (MGF) is intended to provide assistance to businesses that desire to expand or locate in the Mandan area. The primary purpose of this fund is to encourage and assist in the development of employment within the area by creating new jobs; expanding the local tax base;
Read MoreAreas Served: Billings, Dunn, Golden Valley, Stark, Slope, Hettinger, Bowman, Adams Counties Under this fund, the applicant(s) must be in the SW REAP Zone (Billings, Dunn, Golden Valley, Stark, Slope, Hettinger, Bowman, Adams Counties)and employ one to 10 people or be a new venture that would be located in and employ people in the zone.
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