Areas Served: City of Hatton The Hatton Economic Development Corporation has provided numerous low or no interest loans to local business ventures, with the goal of maintaining a venture capital fund to provide financing to viable projects in the City of Hatton, North Dakota. The implementation of the 1% City Sales and Use Tax has
Read MoreAreas Served: Grand Forks County The Grand Forks Growth Fund can provide gap and business support financing for new or expanding businesses which have the capacity to create new primary sector employment in Grand Forks County, North Dakota. Funds may be used to provide bridge and longer-term financing for initial construction costs (land, buildings and
Read MoreAreas Served: Pembina County The Pembina County Job Development Authority offers direct loans to growing businesses in Pembina County, North Dakota that plan to create jobs. The JDA can offer direct loans in the form of gap financing and can also assist with interest buy downs on Bank of North Dakota PACE and Flex PACE
Read MoreAreas Served: Statewide North Dakota The North Dakota Development Fund coordinates efforts between all the sources of financing, the business and the community. Any project considered for this financing must be feasible and have a reasonable chance of succeeding. The fund provides “gap financing” through loans and equity investments not available from most conventional lenders
Read MoreAreas Served: Traill County As a means to promote and encourage business development, retention and expansion, Traill County Economic Development Commission (TCEDC) works with existing and new businesses with the goal to help develop and retain jobs in Traill County, North Dakota. Assistance may take many forms including gap financing, general business support and alternative
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