Rural Growth Incentive Program
The North Dakota Development Fund (NDDF) manages the Rural Growth Incentive (RGI) Program which provides loans to RGI cities for a qualifying business. RGI cities must have a population less than 2,500 and be certified as a RGI city by the Dept. of Commerce. The city must raise dollar-for-dollar matching funds. A qualifying business must provide an essential service to the city which is determined by the city’s governing body and the Dept. of Commerce.
Grant dollars of up to $10,000 are available to RGI cities for a feasibility study related to an essential business.
Amount
Maximum: $75,000
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Purpose
Industry
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Red River Corridor Fund
The RRCF identifies and invests in promising early-stage companies with innovative ideas and strong growth potential, providing them with the resources and mentorship needed to scale. We are focused on company in the unscrewed aerial systems (UAS), advanced air mobility (AAM), and AgTech industries.