NORTH DAKOTA DEVELOPMENT FUND

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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 and is available to any primary-sector business with the exception of production agriculture. The Development Fund also administers the Regional Rural R... evolving Loan Fund, which provides funding for primary-sector projects located in a community of less than 8,000 in population or located more than five miles outside the city limits. The fund is a secondary source of financing, subordinate to private sources. If a business can't handle added debt, the Development Fund can take an equity financing position.

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NORTH DAKOTA DEVELOPMENT FUND

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Industry:
Finance

Status:
Active

Contact:
701.328.5300

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Current Advisors List

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Terri F. Zimmerman Board of Directors @ North Dakota Development Fund
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2004-01-01

Investments List

Date Company Article Money raised
2017-05-17 CoSchedule North Dakota Development Fund investment in Venture Round - CoSchedule 2 M USD

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