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ND
North Dakota Development Fund
Flexible gap financing for new and expanding North Dakota businesses.
About this program
The North Dakota Development Fund provides direct loans, participation loans, subordinated debt, and equity investments to support economic development projects in North Dakota.
Eligibility
New or expanding North Dakota businesses may qualify, with primary sector businesses and eligible rural businesses supported under current guidelines.
Requirements
- Submit application and supporting financial information
- Show feasible project and financing gap
- Use funds for working capital, fixed assets, equipment, inventory, or real property