The North Dakota Department of Commerce offers a variety of financial package programs through its divisions. Review the below to gain insight into which programs could be a fit for your business.
Agricultural Products Utilization Commission
The Agricultural Products Utilization Commission (APUC) fosters the development of new and expanded uses of North Dakota agricultural products. APUC dollars can be used for product research, prototype development, feasibility studies, marketing plans and activities where there is a strong potential for development, commercialization and job creation in North Dakota.
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Community Development Block Grant
The Community Development Block Grant (CDBG) program awards funds to communities for real property, site improvements and infrastructure, and as a guarantee to fund working capital. CDBG is designed to assist primary sector and retail sector businesses looking to establish or expand in communities and can be debt or equity.
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North Dakota Development Fund
Primary sector businesses can secure up to $1,000,000 in financial assistance for use in real estate, equipment, and working capital through the North Dakota Development Fund. The Development Fund provides "gap" financing not available from more traditional sources. Funds are available through direct loans, participation loans, subordinated debt and equity investments. These options provide long-term and short-term capital to new, expanding or relocating primary sector businesses.
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