PACE Program

The PACE Fund helps communities expand their economic base by assisting Primary Sector businesses that make an investment or create jobs in their community. Provides financing with interest buydown through a participation loan between a lead bank, Bank of ND, and a community fund.

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Amount

Maximum: $500,000

Resource Provider

Bank of North Dakota

A state-owned, state-run financial institution based in Bismarck, North Dakota.

Resource Type

Grant

Location

All

Purpose

Equipment, Real Estate, Working Capital

Industry

Exporting, Manufacturing, Primary Sector, Tourism, Value-Added

Business Stage

Existing Business, New Business

Deadline

–

Contact

Craig Hanson

(701) 328-5795

craighanson@nd.gov

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

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