North Dakota Development Fund
Funding Amount
Not stated
Deadline
Rolling (quarterly review)
Grant Type
Foundation
Deadline history & next window
- Cycle
- Quarterly
- Tracked since
- April 2026
From the program guidelines: “The fund approves loans on a quarterly basis (rolling applications).”
Overview
Geographic Scope: North Dakota
Focus Areas: Gap financing for real estate, equipment, and working capital for new, expanding, or relocating businesses
The North Dakota Development Fund provides gap financing to support business development across the state. The fund approves loans on a quarterly basis (rolling applications). In Q2 2025, six companies were approved for a total of $2.16 million in loan funds, with projects spanning child care, technology, and agriculture sectors.
Contact Information:
- North Dakota Department of Commerce
- Phone: 701-873-4360
Related Programs:
- Corporate Income Tax Exemption: New primary sector business corporations may not have to pay corporate income taxes for the first five years of operation in North Dakota
- Partnership in Assisting Community Expansion (PACE): Interest buy-down loan program for primary sector businesses
- Sales & Use Tax Exemption: New or expanding plants may be exempt from sales and use taxes on machinery or equipment purchases
What Beulah Convention and Visitors Bureau Inc actually gave
Source: IRS Form 990, 2024
- Grants in 2024
- 2
- Total given
- $129K
- Median grant
- $64K
- Range
- $8,060–$121K
- By dollars: North Dakota 100%. Top recipient cities: Beulah, ND.
Example grants
City of Beulah · Beulah, ND
Jobs Development Authority, Parks and Rec, Rural Fire Department, and Public Library
$121K
Northern Lights Gymnastics Academy · Beulah, ND
General Operations
$8,060
Focus Areas & Funding Uses
Fields of Work
- Small businesses
- Community development
Categories
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