NORTH DAKOTA DEVELOPMENT FUND
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.
NORTH DAKOTA DEVELOPMENT FUND
Industry:
Finance
Status:
Active
Contact:
701.328.5300
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Current Advisors List
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2017-05-17 | CoSchedule | North Dakota Development Fund investment in Venture Round - CoSchedule | 2 M USD |
More informations about "North Dakota Development Fund"
Development Fund - North Dakota
2 days ago · The North Dakota Development Fund, Inc. (NDDF) provides “flexible gap financing” through loans and equity investments not available from most conventional lenders for the purpose of economic development. Funds are available to new and expanding North Dakota …See details»
North Dakota Development Fund, Inc.
The NDDF provides flexible gap financing to new or expanding primary sector businesses in North Dakota. Funds are available through direct loans, participation loans, subordinated debt and equity investments.See details»
North Dakota Development Fund awards $6.7M
Jan 31, 2024 · Five businesses will receive over $6.7 million in loans and investment funding from the North Dakota Development Fund for the fourth quarter of 2023, according to a Wednesday …See details»
North Dakota Development Fund Celebrates Success of Wonder …
Apr 22, 2024 · The North Dakota Development Fund, Inc. (NDDF) announced the latest round of investments made by the Wonder Fund, showcasing remarkable growth opportunities for …See details»
North Dakota Development Fund - Crunchbase
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 …See details»
CHAPTER 10-30.5 NORTH DAKOTA DEVELOPMENT FUND, …
It is the purpose of this chapter to create a statewide nonprofit development corporation that will have the authority to take equity positions in, to provide loans to, or to use other innovative …See details»
$32 million loan approved for proposed natural gas facility
Jun 24, 2024 · The loan from the North Dakota Development Fund is the latest incentive for Canada-based Cerilon to build a gas-to-liquids plant between Trenton and Williston in Williams …See details»
Advance ND - North Dakota
The North Dakota Development Fund's Advance ND awards "deal-closing" low interest loans to companies considering a new industrial project in North Dakota. To qualify, the company must …See details»
Statement from the Department of Commerce's North Dakota …
Nov 15, 2024 · Funds are available to new and expanding North Dakota primary sector businesses. The NDDF is committed to fostering growth across North Dakota by supporting …See details»
North Dakota Development Fund - Rural Health Info
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 …See details»
North Dakota Development Fund
The North Dakota Development Fund (NDDF) provides flexible gap financing to new or expanding primary sector businesses in North Dakota. Funds are available through direct loans, …See details»
Commerce Launches Advance ND Program to Boost Economic …
Nov 28, 2023 · Administered through the North Dakota Development Fund (NDDF), the program features interest-only balloon loans converting to fixed-rate term loans. Highlights include: …See details»
North Dakota Development Fund approves $3.58 million for Q4 …
Jan 21, 2022 · The North Dakota Department of Commerce announced today that three companies were approved $3.58 million in loan and venture funds through the North Dakota …See details»
Brian Opp - CEO - North Dakota Development Fund
Performed program management and oversight for North Dakota's FAA UAS test site initiative and led North Dakota's business development efforts relating to UAS and manned aviation.See details»
Child Care Loan Program - North Dakota
The North Dakota Development Fund, Inc. is authorized to provide financial assistance to new and expanding child care providers through the Child Care Loan Program. Eligible …See details»
North Dakota Development Fund Loans | ND Response
Mar 26, 2020 · UPDATE: The North Dakota Development Board voted March 19, 2020 to suspend all payments, both principal and interest for all outstanding NDDF loans for 30 days, …See details»
North Dakota Development Fund - Investments, Portfolio
Apr 16, 2024 · The North Dakota Development Fund coordinates efforts between all the sources of financing, the business and the communitySee details»
North Dakota Government Funds - North Dakota State Treasurer
Oct 30, 2024 · The Office of State Treasurer is responsible for the cash flow and reconciliation of the General Fund. North Dakota is unique in that we have a state owned bank, the Bank of …See details»
North Dakota Development Fund Awards $37 Million to Boost …
Jun 19, 2024 · The North Dakota Development Fund, created in 1991, provides flexible funding for new or expanding North Dakota businesses and manages the Child Care Loan Program. …See details»
Legacy Fund, other state investments to be under new leadership …
6 days ago · A key person involved with overseeing the Legacy Fund announced her resignation Friday, giving North Dakota Gov.-elect Kelly Armstrong another critical hiring decision to make. …See details»