Impact Fund

The Impact Fund is utilized when other capital resources are not available for entrepreneurs. This funding may help borrowers meet the requirements of private lenders for additional equity, or serve as a micro-loan for start-up or equipment needs.

Unlock More Info
Amount

$2,500 - $250,000

Resource Provider
SBPC supports communities, leaders, and entrepreneurs to advance economic progress for ND Region 2.
Resource Type
Loan
Location
58318, 58329, 58761, 58384, 58750, 58783, 58789, 58793, 58760, 58711, 58762, 58748, 58721, 58727, 58737, 58752, 58772, 58773, 58788, 58792, 58790, 58768, 58384, 58741, 58712, 58789, 58710, 58736, 58731, 58762, 58748, 58744, 58713, 58763, 58769, 58770, 58771, 58776, 58784, 58794, 58368, 58341, 58384, 58332, 58386, 58710, 58385, 58758, 58313, 58740, 58761, 58782, 58787, 58701, 58702, 58703, 58704, 58705, 58707, 58718, 58722, 58725, 58733, 58734, 58735, 58746, 58756, 58779, 58781, 58785
Purpose
Business Acquisition, COVID-19, Debt Refinancing, Equipment, Hiring & Recruitment, Inventory, Leasehold Improvements, Other, Real Estate, Renovation to Real Estate, Research, Sales Tax, Startup, Working Capital
Industry
Agriculture, Childcare, Communications, Communities, Construction, Energy, Ethanol, Exporting, Finance, Food Service, Healthcare, High Growth, Hospitality, Information Technology, Manufacturing, Other, Primary Sector, Professional Services, Real Estate, Retail, Tourism, Transportation, Utilities, Value-Added
Business Stage
Existing Business, New Business
Deadline
Contact
Beth Calderon
701-255-1982

Share This

Need help finding your program editor? Email info@vaultnd.com.

Similar programs to consider

Find a Program
  • Early Venture Microloan Program

    The program is designed to address financing challenges of early-stage primary sector entrepreneurs in Cass County, to ideally help startups progress to their next stages of revenue and access to other funding sources.

    View Program
  • Angel Match Program

    The AMP will match any convertible debt or direct equity investment into a primary sector company headquartered in ND up to $250,000. The AMP must receive the same terms as the matched investment. The matched investment must be a private source of capital.

    View Program
  • Growth Fund

    The Growth Fund program was established in 2021 with levied funding from the Mountrail County Commission. The Growth Fund enhances the county’s financial toolbox to serve new and existing businesses needing access to capital.

    View Program